COMM 216 CONCORDIA FINAL EXAM ALREADY VERIFIED TEST |
QUESTIONS & ANSWERS, WELL ELABORATED | 100% VERIFIED
SOLUTIONS |2026/2027 LATEST!!
Business & Society - CORRECT ANSWER-The dynamic interplay between
companies and their broader context, including their impact on and
contribution to communities, environments, and economies.
Ethics - CORRECT ANSWER-Moral principles guiding personal and corporate
behavior, forming a basis for distinguishing between right and wrong actions.
Stakeholders - CORRECT ANSWER-Parties with an interest or concern in a
company's operations and outcomes, which can include anyone from
shareholders to community members.
CSR - CORRECT ANSWER-A business's commitment to sustainable practices that
consider the well-being of society and the environment along with profitability.
CS - CORRECT ANSWER-Corporate initiatives focused on creating long-term
value by incorporating environmental, social, and economic considerations into
business strategies.
TBL - CORRECT ANSWER-An accounting framework that goes beyond profit to
include social and environmental performance in a company's overall
assessment.
Corporate Citizenship - CORRECT ANSWER-The role of businesses in
contributing positively to society, aiming to benefit the community as well as
the environment.
,Deontological - CORRECT 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.
Teleological - CORRECT 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 - CORRECT 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 - CORRECT ANSWER-The understanding that individuals will act to
further their own ends, and that these actions can lead to positive outcomes
for the collective.
Personal Virtues - CORRECT ANSWER-Ethics focused on virtues, or moral
characteristics, of individuals such as courage, wisdom, and temperance.
Caring - CORRECT ANSWER-An ethical stance valuing benevolence and
empathy in interpersonal relationships as central to moral action.
Utilitarian - CORRECT 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 - CORRECT ANSWER-The idea that ethical principles should
apply universally, ensuring that actions are morally consistent across similar
situations.
, Individual Rights - CORRECT ANSWER-The concept that individuals have
fundamental rights that are to be respected and protected in ethical decision-
making.
Values - CORRECT ANSWER-Enduring beliefs or ideals shared by members of a
community about what is good or desirable and bad or undesirable.
Morals - CORRECT ANSWER-Standards for behavior that are based on the
collective beliefs about what is right and wrong.
Social License - CORRECT ANSWER-Public approval granted to a company based
on its adherence to community values and norms.
Social Contract - CORRECT ANSWER-An implied agreement within a society for
mutual benefit, under which individuals give up some freedoms in exchange for
social order.
Legitimacy - CORRECT ANSWER-The perception that an organization's actions
are desirable, proper, or appropriate within the prevailing social norms.
Types of Capitalism - CORRECT ANSWER-Different systems and models of
economic organization characterized by varying degrees of competitive
markets and state intervention.
Codes of Conduct - CORRECT ANSWER-Formal declarations of principles and
values that govern behaviors within an organization.
Conflicts of Interest - CORRECT ANSWER-Situations where one's personal
interests may potentially conflict with their professional or public duties.
QUESTIONS & ANSWERS, WELL ELABORATED | 100% VERIFIED
SOLUTIONS |2026/2027 LATEST!!
Business & Society - CORRECT ANSWER-The dynamic interplay between
companies and their broader context, including their impact on and
contribution to communities, environments, and economies.
Ethics - CORRECT ANSWER-Moral principles guiding personal and corporate
behavior, forming a basis for distinguishing between right and wrong actions.
Stakeholders - CORRECT ANSWER-Parties with an interest or concern in a
company's operations and outcomes, which can include anyone from
shareholders to community members.
CSR - CORRECT ANSWER-A business's commitment to sustainable practices that
consider the well-being of society and the environment along with profitability.
CS - CORRECT ANSWER-Corporate initiatives focused on creating long-term
value by incorporating environmental, social, and economic considerations into
business strategies.
TBL - CORRECT ANSWER-An accounting framework that goes beyond profit to
include social and environmental performance in a company's overall
assessment.
Corporate Citizenship - CORRECT ANSWER-The role of businesses in
contributing positively to society, aiming to benefit the community as well as
the environment.
,Deontological - CORRECT 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.
Teleological - CORRECT 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 - CORRECT 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 - CORRECT ANSWER-The understanding that individuals will act to
further their own ends, and that these actions can lead to positive outcomes
for the collective.
Personal Virtues - CORRECT ANSWER-Ethics focused on virtues, or moral
characteristics, of individuals such as courage, wisdom, and temperance.
Caring - CORRECT ANSWER-An ethical stance valuing benevolence and
empathy in interpersonal relationships as central to moral action.
Utilitarian - CORRECT 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 - CORRECT ANSWER-The idea that ethical principles should
apply universally, ensuring that actions are morally consistent across similar
situations.
, Individual Rights - CORRECT ANSWER-The concept that individuals have
fundamental rights that are to be respected and protected in ethical decision-
making.
Values - CORRECT ANSWER-Enduring beliefs or ideals shared by members of a
community about what is good or desirable and bad or undesirable.
Morals - CORRECT ANSWER-Standards for behavior that are based on the
collective beliefs about what is right and wrong.
Social License - CORRECT ANSWER-Public approval granted to a company based
on its adherence to community values and norms.
Social Contract - CORRECT ANSWER-An implied agreement within a society for
mutual benefit, under which individuals give up some freedoms in exchange for
social order.
Legitimacy - CORRECT ANSWER-The perception that an organization's actions
are desirable, proper, or appropriate within the prevailing social norms.
Types of Capitalism - CORRECT ANSWER-Different systems and models of
economic organization characterized by varying degrees of competitive
markets and state intervention.
Codes of Conduct - CORRECT ANSWER-Formal declarations of principles and
values that govern behaviors within an organization.
Conflicts of Interest - CORRECT ANSWER-Situations where one's personal
interests may potentially conflict with their professional or public duties.
