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\\ COMM 216 CONCORDIA FINAL ACTUAL EXAM LATEST
UPDATE THIS YEAR QUESTIONS AN DETAILED ANSWERS.PDF
COMM 216 Concordia Final Exam
Ethics ......ANSWER......Moral principles guiding personal and corporate
behavior, forming a basis for distinguishing between right and wrong
actions.
Stakeholders ......ANSWER......Parties with an interest or concern in a
company's operations and outcomes, which can include anyone from
shareholders to community members.
CSR ......ANSWER......A business's commitment to sustainable practices
that consider the well-being of society and the environment along with
profitability.
CS ......ANSWER......Corporate initiatives focused on creating long-term
value by incorporating environmental, social, and economic
considerations into business strategies.
TBL ......ANSWER......An accounting framework that goes beyond profit
to include social and environmental performance in a company's overall
assessment.
,2|Page
Corporate Citizenship ......ANSWER......The role of businesses in
contributing positively to society, aiming to benefit the community as
well as the environment.
Deontological ......ANSWER......An ethical approach where the morality
of an action is based on whether that action itself is right under a series
of rules, rather than based on the consequences of the action.
Business & Society ......ANSWER......The dynamic interplay between
companies and their broader context, including their impact on and
contribution to communities, environments, and economies.
Teleological ......ANSWER......Ethical theory that determines the morality
of actions by their outcomes, with the best choice being the one that
produces the greatest good for the greatest number.
Virtue-Based ......ANSWER......Ethical theory emphasizing an individual's
character as the key element for ethical behavior, rather than the
consequences or rules governing the behavior.
Self-interest ......ANSWER......The understanding that individuals will act
to further their own ends, and that these actions can lead to positive
outcomes for the collective.
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Personal Virtues ......ANSWER......Ethics focused on virtues, or moral
characteristics, of individuals such as courage, wisdom, and
temperance.
Caring ......ANSWER......An ethical stance valuing benevolence and
empathy in interpersonal relationships as central to moral action.
Utilitarian ......ANSWER......An ethical principle that advocates for
actions to produce the most favorable balance of good over bad for the
greatest number of people.
Universal Rules ......ANSWER......The idea that ethical principles should
apply universally, ensuring that actions are morally consistent across
similar situations.
Individual Rights ......ANSWER......The concept that individuals have
fundamental rights that are to be respected and protected in ethical
decision-making.
Values ......ANSWER......Enduring beliefs or ideals shared by members of
a community about what is good or desirable and bad or undesirable.
Morals ......ANSWER......Standards for behavior that are based on the
collective beliefs about what is right and wrong.
\\ COMM 216 CONCORDIA FINAL ACTUAL EXAM LATEST
UPDATE THIS YEAR QUESTIONS AN DETAILED ANSWERS.PDF
COMM 216 Concordia Final Exam
Ethics ......ANSWER......Moral principles guiding personal and corporate
behavior, forming a basis for distinguishing between right and wrong
actions.
Stakeholders ......ANSWER......Parties with an interest or concern in a
company's operations and outcomes, which can include anyone from
shareholders to community members.
CSR ......ANSWER......A business's commitment to sustainable practices
that consider the well-being of society and the environment along with
profitability.
CS ......ANSWER......Corporate initiatives focused on creating long-term
value by incorporating environmental, social, and economic
considerations into business strategies.
TBL ......ANSWER......An accounting framework that goes beyond profit
to include social and environmental performance in a company's overall
assessment.
,2|Page
Corporate Citizenship ......ANSWER......The role of businesses in
contributing positively to society, aiming to benefit the community as
well as the environment.
Deontological ......ANSWER......An ethical approach where the morality
of an action is based on whether that action itself is right under a series
of rules, rather than based on the consequences of the action.
Business & Society ......ANSWER......The dynamic interplay between
companies and their broader context, including their impact on and
contribution to communities, environments, and economies.
Teleological ......ANSWER......Ethical theory that determines the morality
of actions by their outcomes, with the best choice being the one that
produces the greatest good for the greatest number.
Virtue-Based ......ANSWER......Ethical theory emphasizing an individual's
character as the key element for ethical behavior, rather than the
consequences or rules governing the behavior.
Self-interest ......ANSWER......The understanding that individuals will act
to further their own ends, and that these actions can lead to positive
outcomes for the collective.
, 3|Page
Personal Virtues ......ANSWER......Ethics focused on virtues, or moral
characteristics, of individuals such as courage, wisdom, and
temperance.
Caring ......ANSWER......An ethical stance valuing benevolence and
empathy in interpersonal relationships as central to moral action.
Utilitarian ......ANSWER......An ethical principle that advocates for
actions to produce the most favorable balance of good over bad for the
greatest number of people.
Universal Rules ......ANSWER......The idea that ethical principles should
apply universally, ensuring that actions are morally consistent across
similar situations.
Individual Rights ......ANSWER......The concept that individuals have
fundamental rights that are to be respected and protected in ethical
decision-making.
Values ......ANSWER......Enduring beliefs or ideals shared by members of
a community about what is good or desirable and bad or undesirable.
Morals ......ANSWER......Standards for behavior that are based on the
collective beliefs about what is right and wrong.
