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Which of the following descriptions best defines corporate social responsibility?A. In taking actions, organizational managers make choices that will enhance the welfare and interests of both society and their organizations.B. Management conducts a process of raising capital through small amounts of money from a large number of investors, using channels such as social media and the Internet.C. Organizations introduce products, services, or processes that radically change competition in an industry.D. It guides management as they initiate a business venture, organize necessary resources, and take on the associated risks and rewards.

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Which of the following statements about the practical approach to ethical decision making is true?A. Because ethical issues are most frequently clear-cut, the practical approach is the most effective.B. The only question a manager using the practical approach needs to answer in making a decision is "What decision would lead to the greatest good for the greatest number?"C. The practical approach bases decisions on prevailing standards of the profession and the larger society, taking the interests of all stakeholders into account.D. The practical approach focuses primarily on debates about what is right, good, or just.
Whenever Zachary faces an ethical dilemma, he always decides to be completely honest and do what he feels is best for himself and his family. Zachary follows a(n) _____ approach as a guide for ethical decision making.A. utilitarianB. individualismC. practicalD. justice
Which of the following scenarios involves an ethical dilemma?A. Your law firm has three associate lawyers, you and two others. The associate who occupied a corner office took a job in another city. When the partner offers the office to you, you decline, so the third associate moves into it.B. You see a coworker loading company computer components in his car. The next day, your boss asks you what you saw.C. A supplier violated the terms of a contract by shipping a lower grade of product than your company agreed to purchase.D. You and another manager are overseeing a large project. You have to sign off on a report that contains data you know the other manager did not verify.

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