Which of the following are the opposing views of how large, publicly held corporations should approach social responsibility and ethics?Question 2Select one:a.Business should behave ethically, focusing only on environmentalism.b.Business should behave ethically, focusing exclusively on shareholders/investors.c.Business should behave ethically, being responsible to all stakeholders.d.Business should behave ethically, fulfilling a strategic mission.

Which of the following statements is true regarding business ethics and social responsibility?Multiple ChoiceAll unethical actions are also illegal.The concerns of what is legal and ethical do not change over time.The terms social responsibility and ethics should be used interchangeably.Companies can be both profitable and socially responsible.Profitable businesses do not consider their social responsibility.

Which of the following does the term corporate social responsibility relate to?Select one:a.Environmental practiceb.Ethical conductc.Human rights and employee relationsd.All of these

Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers

A difference between business ethics and social responsibility is that business ethicsMultiple Choicerelates to an individual’s values and standards of conduct, whereas social responsibility concerns the values and standards of conduct of an organization as a whole.relates to an individual’s or a work group’s decisions that society evaluates, whereas social responsibility concerns the impact of an entire business’s activities on society.is determined solely by internal stakeholders, whereas a social responsibility decision is made by external stakeholders.is optional for business organizations, whereas social responsibility is required.

Which of the following statements is not right?  A. In Europe, corporate codes of ethics are the key guidelines for ethical behaviour  B. In Asia, top management is responsible for ethical conduct in business.  C. In North America, the dominant approach to stakeholder management is a focus on shareholder value.  D. In Asia, managerial discretion is the key guideline for ethical behaviour.