Business and Society: Stakeholders, Ethics, Public Policy 15th Edition

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CHAPTER 12 REGULATING AND MANAGING INFORMATION TECHNOLOGY INTRODUCTION The rapid advances in information technology in just the past few decades mean that more information than ever beforeabout individuals, organizations, and governments is located in on servers or in the cloud. This extraordinary development raises difficult challenges for governments and

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17 Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. http://www.veooz.com/news/IH2GosM.html http://www.ibtimes.com/gm-recall-2014-pictures-tiny-ignition-switch-part-could-cost-general-motors-dearly-photos-1561011 http://www.veooz.com/news/IH2GosM.html http://www.ibtimes.com/gm-recall-2014-pictures-tiny-ignition-switch-part-could-cost-general-motors-dearly-photos-1561011

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1 Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or Copyright 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. TEACHING NOTE: SUSTAINABILITY AT HOLLAND

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TEACHING NOTE FOR: FARMING PHARMACEUTICALS: VENTRIA BIOSCIENCE AND THE CONTROVERSY OVER PLANT-MADE MEDICINES This case illustrates the following themes and concepts discussed in the chapters listed: This case illustrates the following themes and concepts discussed in the chapters listed: This case illustrates the following themes and

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TEACHING NOTE FOR: MOODYS CREDIT RATINGS AND THE SUBPRIME MORTGAGE MELTDOWN This case illustrates the following themes and concepts discussed in the chapters listed: Theme/Concept Chapter Stakeholder analysis 1 Ethics and ethical reasoning 4 Organizational ethics and the law 5 Public policy 7 Government

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7 Although virtue ethics usually refer to an individuals character, the concept can also be applied to an analysis of a companys actions. to an analysis of a companys actions. to an analysis of a companys actions. Likewise, Masseys actions do not pass the virtue test. Massey

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1 TEACHING NOTE: CAROLINA PAD AND THE BLOGGERS1 This case illustrates the following themes and concepts discussed in the chapters listed: Theme/Concept Chapter Stakeholder theory; stakeholder analysis 1 Methods of ethical reasoning 4 The Role of Technology 11 Consumer protection; ethics in marketing and advertising 14 Public relations

7 Conflict of interest Readers may assume blog writers provide their personal opinions without bias and may view blogs as credible sources of information in evaluating products. Paying the bloggers with the expectation of a favorable review, therefore, could perpetuate the bloggers conflict of interest between providing the

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Businesses and governments often clash over who should have access to personal data found on devices such as smartphones and automobile black boxes. Answer: TRUE Answer: TRUE Answer: TRUE In the "consumer self-help" approach to protecting consumer privacy rights, new government regulations will protect the consumer online. Answer: FALSE Answer: FALSE Answer: FALSE The doctrine of strict

Lead firms often choose to develop their supplier's capabilities when the supplier has a strong management team, many resources, and high technical knowledge. Answer: FALSE Answer: FALSE Answer: FALSE Firms are more likely to have a sophisticated political strategy when the company is a frequent target of public scrutiny. Answer: TRUE Answer: TRUE

Interactions between business and society occur: A. Within a finite natural ecosystem. B. Only during an environmental crisis. C. When business employees and the community are of similar cultural backgrounds. D. When legislation is passed requiring interaction. Answer: A. Answer: A. Answer: A. Which of the following are examples of natural monopolies? A. Electric utilities

The concept of corporate social responsibility is rooted in the meaning "to pledge back," creating a commitment to give back to society and the organization's stakeholders. Answer: TRUE Answer: TRUE Answer: TRUE Government can be considered both a market and nonmarket stakeholder. Answer: TRUE Answer: TRUE Answer: TRUE An ethical

An organization that produces net zero emissions of greenhouse gases is achieving: A. Carbon offsets. B. Carbon credits. C. Carbon neutrality. D. Black carbon. Answer: C. Answer: C. Answer: C. Variation in the important human characteristics that distinguish people from one another is called: A. Workforce variability. B. Diversity. C. Difference. D. Affirmative action. Answer: B. Answer: B.

The U.S. government strictly controls the use of GPS and similar tracking devices at the federal level. Answer: FALSE Answer: FALSE Answer: FALSE Civic engagement is a major way in which companies carry out their corporate citizenship mission. Answer: TRUE Answer: TRUE Answer: TRUE In most companies, a moral atmosphere cannot be detected. Answer: FALSE Answer: FALSE Answer: FALSE A

A company can increase diversity and inclusion in the workforce by: A. Accommodating family needs outside of work. B. Moving all operations overseas. C. Hiring only foreign-born managers. D. Showing foreign films weekly. Answer: A. Answer: A. Answer: A. An individual who is a supporter of globalization would argue that it helps the developing

The percentage of global wealth concentrated at the Bottom of the Pyramid is: A. 8 percent. B. 22 percent. C. 60 percent. D. 70 percent. Answer: D. Answer: D. Answer: D. The fiduciary duty of managers benefits a firm's: A. Shareholders. B. Customers. C. Employees. D. All of the above. Answer: D. Answer: D. Answer: D. Which of

In recent years, the use of drug testing in the workplace has increased as drugs have become more available. Answer: FALSE Answer: FALSE Answer: FALSE According to Figure 16-5, the country with the highest percentage of women holding board member positions is the United States. Answer: FALSE Answer: FALSE Answer: FALSE A corporation's shareholders have a

A commons is a shared resource, such as land, air or water that a group of people uses collectively. Answer: TRUE Answer: TRUE Answer: TRUE Companies that have name recognition also have a good reputation. Answer: FALSE Answer: FALSE Answer: FALSE The proportion of working women that have told researchers they have been

Which of the following is true about romantic relationships in the workplace? A. Most businesses have strict policies forbidding all romantic relationships in the workplace. B. OSHA requires businesses to forbid workplace romantic relationships. C. Many companies allow managers to become romantically involved with subordinates, so long as they do not supervise them

MIT researchers determined that 90 percent of shopper's credit-card transactions could be used to: A. Uniquely identify an individual's shopping habits and preferences. B. Collect individual social security numbers. C. Identify an individual shopper using only four bits of secondary information. D. Both A and C, but not B. Answer: D. Answer: D. Answer:

According to a survey of community relations managers, what is the most important social issue facing communities today? A. Education. B. Health care. C. Public safety. D. Housing. Answer: A. Answer: A. Answer: A. Habitat for Humanity is considered a: A. Corporation. B. Government division. C. Nongovernmental organization. D. Program for the homeless. Answer: C. Answer: C. Answer:

The leading cause of death on the job is due to: A. Falls. B. Vehicle accidents. C. Contact with equipment. D. Murder. Answer: B. Answer: B. Answer: B. The Securities and Exchange Commission outlaws: A. Any manipulative or deceptive device used to trade stocks. B. Compensating company executives with stock options. C. Trading in stocks by institutions. D.

Expert witnesses provide information to legislators for businesses or business groups. Answer: TRUE Answer: TRUE Answer: TRUE Because supply chains have become heavily globalized, government regulation efforts are now more concentrated and increasingly effective. Answer: FALSE Answer: FALSE Answer: FALSE One reason lead firms do not change suppliers is due to moral obligation

When boards of directors meet without management present, they are more likely to have completely candid discussions about a company's affairs. Answer: TRUE Answer: TRUE Answer: TRUE Urgency refers to the extent to which a stakeholder's actions are seen as proper or appropriate by the broader society. Answer: FALSE Answer: FALSE Answer:

Cross-cultural contradictions arise due to: A. The emergence of a developing country's economic power. B. Religious differences practiced by business executives. C. Differences between home and host countries' ethical standards. D. All of the above. Answer: C. Answer: C. Answer: C. According to management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus

Business managers need a set of ethical guidelines to help them: A. Understand the changing customs throughout the world. B. Justify the resolution which best helps them. C. Identify and analyze the nature of the ethical problem. D. None of the above. Answer: C. Answer: C. Answer: C. Which of the following is not