AGB 302 Quiz 3 Questions with 100% Correct and Verified Answers.

AGB 302 Quiz 3 Questions with 100% Correct and Verified Answers. "BP, one of the world's largest oil companies, has made it part of the company policy to undertake "social investments" in the countries where it does business. There was no economic reason for BP to make this social investment, but the company believes it is morally obligated to give something back to the societies that have made their success possible. BP's actions are an example of: - Correct Answer noblesse oblige." "Which of the following refers to the values and norms that the employees of an organization share? - Correct Answer Organization culture" "The righteous moralist suggests that: - Correct Answer a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries." "According to the ________ approach, the best decisions are those that produce the greatest good for the greatest number of people. - Correct Answer utilitarian" "Identify the correct statement about the rights theories. - Correct Answer Human beings have fundamental rights and privileges that transcend national boundaries." "According to John Rawls: - Correct Answer each person should be permitted the maximum amount of basic liberty compatible with a similar liberty for others." Max Weber coined the term ________ to denote the tendency on the part of Protestants to work hard and accumulate wealth. - Correct Answer Protestant work ethic" "Which of the following statements about values and norms of a culture is true? - Correct Answer The values and norms of a society influence social structure." "The social organization of Western society tends to emphasize on: - Correct Answer individual achievement." "Which of the following is a consequence of the emphasis on individual performance in many Western societies? - Correct Answer High degree of managerial mobility" "A ________ is a less rigid form of social stratification in which social mobility is possible. - Correct Answer class system" "Ethical systems are: - Correct Answer a set of moral principles, or values, that are used to guide and shape behavior." "Which of the following sociologists made a connection between Protestant ethics and "the spirit of capitalism"? - Correct Answer Max Weber" "Hinduism and Buddhism both stress the importance of ________. - Correct Answer the afterlife" "A major difference between Buddhism and Hinduism is that unlike Hinduism, Buddhism: - Correct Answer does not support the caste system." "Which of the following statements about the use of spoken language is true? - Correct Answer Most people prefer to converse in their own language rather than English." "Companies can strengthen the ________ of employees by committing themselves to not retaliate against employees who complain about unethical actions. - Correct Answer moral courage" "The ________ occurs when a resource is shared by all, but owned by no one, is overused by individuals, resulting in its degradation. - Correct Answer tragedy of the commons" "Facilitating payments are: ________ - Correct Answer permitted under the amended Foreign Corrupt Practices Act." "The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as: - Correct Answer social responsibility."