LES 305 Quiz 1 Questions And Answers
100% Correct
Inherence School of Social Responsibility Advises managers to act only with
shareholder's interests in mind
Enlightened Self-interest School of Social Responsibility Advises managers to be
responsible to the shareholders by being responsive to the larger society.
Invisible Hand School of Social Responsibility Role of business is to serve larger society,
but does so best when serving only shareholders.
School of Social Responsibility Role of business is to serve society as a whole and should
do so by directly serving the needs of society.
"Toes to the Line" Philosophy Doing no more than what is required under the law while
violating the intent of the law.
Censorship ACLU (American Civil Liberties Union) defines it as the "Suppression of
words, images or ideas that are 'offensive'."
100% Correct
Inherence School of Social Responsibility Advises managers to act only with
shareholder's interests in mind
Enlightened Self-interest School of Social Responsibility Advises managers to be
responsible to the shareholders by being responsive to the larger society.
Invisible Hand School of Social Responsibility Role of business is to serve larger society,
but does so best when serving only shareholders.
School of Social Responsibility Role of business is to serve society as a whole and should
do so by directly serving the needs of society.
"Toes to the Line" Philosophy Doing no more than what is required under the law while
violating the intent of the law.
Censorship ACLU (American Civil Liberties Union) defines it as the "Suppression of
words, images or ideas that are 'offensive'."
