115.
Business scholar Archie Carroll suggested that first and primary responsibility of an
organization in the global economy is to ___.
116.
Mr. Jones, a wealthy businessman who made his fortune in the oil industry, understands
the importance of a college education, so he has given over $10 million over the last
several years to colleges and universities. This is an example of _____.
117.
According to researcher Daniel Pink, when employees feel a sense of purpose—when their
work has meaning—workers _____.
118.
Corporate governance is the system ____.
119.
On an organization’s board of directors, inside directors ____; outside directors _____.
3-116
120.
For organizations’ board of directors, and in particular, their oversight of the CEO, the
biggest complaint appears to be _____.
Essay Questions
121.
Contrast the “holier-than-thou” effect and motivated blindness. Explain the dynamics
behind cheating.
122.
Describe the triple bottom line. Give an example.
123.
Summarize stakeholders. Describe the three internal stakeholders.
124.
Summarize external stakeholders. Describe three external stakeholders.
125.
Joseph, a small café owner, is facing possible bankruptcy due to a severe decrease in
business in his restaurant. Tom, a friend of Joseph, approached him about hiring illegal
immigrants because Joseph can pay those workers a lower pay rate and save on payroll.
What should Joseph do?
126.
Summarize the Sarbanes-Oxley Act of 2002 and describe the mandates it placed on
organizations.
127.
Summarize Laurence Kohlberg’s three levels of personal moral development.
128.
Contrast the viewpoints for and against social responsibility.
129.
Compare the four levels of Carroll’s global corporate social responsibility pyramid. Give an
example of what is desired, expected, or required at each level by global stakeholders or
global capitalism at each level.
130.
Explain the recent concerns for the independence of the board of directors.