1. The Corporate Citizen pertains to a company's relationship with its ______. A. community B. customers...

1. The Corporate Citizen pertains to a company's relationship with its ______.
A.   community
B.   customers
C.   all of its stakeholders
D.   employees

2. The Daraprim case study involved:
A.   an illegal action
B.   an unethical action
C.   both of the above
D.   none of the above

3. The second step in solving an ethical dilemma is:
A.   collecting the relevant facts
B.   identify options
C.   determine the criteria
D.   define the problem

4. What is the last stage of corporate responsibility?
A.   civil
B.   defensive
C.   strategic
D.   compliant

5. Why do good people make bad choices?
A.   They don't realize it is wrong.
B.   They think it is in the best interest of everyone.
C.   They don't think anyone will find out.
D.   All of the above.

Solutions

Expert Solution

1. Community
Because corporate social responsibility is mainly set to provide necessary aid to its community. So this option is suitable for the others.

2. An unethical action:
Daraprim is a drug that provides for many medical industries and has a legal existence with a fair price rate. But after on they increased their price very highly which is unethical. So this option is more suitable.

3. Define the problem
To solve an ethical dilemma, it involves various steps. The first step is to gather the information and the second step is defining the problem. Likewise, various steps have to follow:
Identifying the parties which get affected
Finding out the consequences
Thinking uniquely about the problem
Finding out solutions.. etc

4. Civil
Corporate responsibility mainly involves 5 steps:
a. Defensive
b. Complaint
c. Managerial
d. Strategic
e. Civil
So the last stage of corporate responsibility is civil.

5. They think it is in the best interest of everyone
Most people make bad decisions because they considered what others think and what they like. When they think that it is the best choice for everyone and so it is also good for us, maybe it will be the right choice for others. But it will not be, for us. So we should take wise decisions based on our needs, not others.

keosha answered 1 year ago

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