Question 34
1 / 1 pts
Obeying the law is ________ ethical behavior.

essentially the same as

Correct!

the first step toward


unlikely to lead to


the opposite of


Question 35
1 / 1 pts
Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.
Correct!

True


False


Question 36
1 / 1 pts
Defining a socially responsible company is complicated. Businesses differ from other businesses, as well as the people they serve, on what we mean by "socially responsible."
Correct!

True


False

The majority of MBA students surveyed said that they would take a lower salary to work for a socially responsible company. But when asked to define a socially responsible company, things got complicated. It appears we want to be socially responsible; we just can't agree on what it involves.

Question 37
1 / 1 pts
Laws that protect us from fraud, theft, and violence determine ethical behavior.

True

Correct!

False

Ethical behavior requires more than following the law, but following the law is an important first step. Legality is narrower.

Question 38
1 / 1 pts
Moral behavior refers to behavior that is accepted by society as right versus wrong.
Correct!

True


False

Ethics defines the standards of moral behavior, or the attempt to live by certain values and standards of conduct accepted by society as right rather than wrong.

Question 39
1 / 1 pts
The management staff at Doc's Motorcycles believes the company has a social responsibility to its community. They believe that the company can have the greatest impact in this area through cash contributions to local nonprofit organizations. This is an example of

structure and strategy.


graduated payments.


short-run profit maximization.

Correct!

corporate philanthropy.

Corporate philanthropy includes charitable donations to nonprofit groups of all kinds.


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