Legal approach
– This approach is also known as the light green approach. Under this approach, organizations simply do what is required legally. They exhibit little environmental sensitivity. They obey laws, rules, and regulations without legal challenge.
Which of the following is defined as the basic convictions about right and wrong decisions and behavior?
The correct answer is C)
Ethics
is . Reason: Ethics refers to the basic rules concerning decisions that are right or wrong and the behavior of an…
Topic: What Is Social Responsibility? 4) When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities, it is said to be socially responsive.
When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities, it is said to be
socially responsive
.
Under what approach does the organization work to meet the environment?
The answer is “D”, In
the stakeholder approach of going green
, an organization works to meet the environmental demands of its employees, suppliers, or community.
What is it called when a firm advertises that it only uses recycled paper products?
The answer is “C” by using recycled paper products, the firm is
being socially responsive
.
Which of the following options is most likely to have the greatest impact in encouraging employees to behave?
Which of the following options is most likely to have the greatest impact in encouraging employees to behave ethically?
Implement a comprehensive ethical program
.
What are examples of moral decisions?
- Always tell the truth.
- Do not destroy property.
- Have courage.
- Keep your promises.
- Do not cheat.
- Treat others as you want to be treated.
- Do not judge.
- Be dependable.
What constitutes right and wrong behavior in organization?
Ethical behavior
is based on written and unwritten codes of principles and values held in society. Ethics reflect beliefs about what is right, what is wrong, what is just, what is unjust, what is good, and what is bad in terms of human behavior.
What is considered right and wrong?
1. Doing the right thing is an act that is in accordance with the law, justice, and morality while doing the wrong thing is an
act that is not in accordance with morality or the law
. 2. The right way is one which is proper, appropriate, and suitable while the wrong way is one which not suitable or appropriate.
applying social criteria (screens) to investment decisions. managers consider the
impact
of their organization on the natural environment. firms simply do what is legally required by obeying laws, rules, and regulations willingly and without legal challenge.
Question 22)When social criteria is applied on investment decisions it is. called. …
Social responsiveness
.
Which of the following is not likely to have a direct impact on environmental sustainability?
Option C This is correct because the
GFC
is an economic impact and thus would not likely have a direct impact on environmental sustainability. … Explanation Biodiversity is an environmental sustainability issue while all other options are social sustainability issues.
Corporate social responsibility is traditionally broken into four categories:
environmental, philanthropic, ethical, and economic responsibility
.
When a firm engages in socially responsible activities with a prime focus on reputation: a. social responsibility tend to
become a form of social marketing
.
Are those individuals who raise ethical concerns or issues to others inside or outside the organization?
Employees who raise ethical concerns or issues to others inside or outside the organization are called
social activists
.
