The study of ethics in management can be approached from many different directions.
A practical approach is to view ethics as catalyzing managers to ________.
A) abide by the laws
B) fulfill stockholders needs
C) encourage workforce diversity
D) discourage whistleblowing
E) take socially responsible actions
Which of the following propositions of the Davis Model of Corporate Social
Responsibility states that business cannot be expected to completely finance activities
that may be socially advantageous but economically disadvantageous?
A) Proposition 5: Business institutions, as citizens, have the responsibility to become
involved in certain social problems that are outside their normal areas of operation.
B) Proposition 1: Social responsibility arises from social power.
C) Proposition 3: The social costs and benefits of an activity, product, or service shall
be thoroughly calculated and considered in deciding whether to proceed with it.
D) Proposition 4: The social costs related to each activity, product, or service shall be
passed on to the consumer.
E) Proposition 2: Business shall operate as a two-way open system, with open receipt of
inputs from society and open disclosure of its operations to the public.