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COMPLETE THE STATEMENTS

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Chapter 9 - Complete the statements - Questions

1 Carroll’s definition of corporate social responsibility identifies the
(a)______________, (b)_____________, (c)____________ and
(d)_____________ responsibilities that enterprises have towards their
stakeholders.

2 In terms of corporate social responsibility the first view is that corporations
ought to maximise profits in view of their sole responsibility to
(a)______________ and that (b)_____________ forces and the
(c)____________ are the determinants of ethical conduct.

3 Corporate ethics programs provide an integrative function by defining
(a)________________ of acceptable behaviour, (b)
___________________ and (c)__________________of organisational
behaviour and providing early warning mechanisms to identify and
address (d) ____________ problems.

4 Corporate governance refers to the policies and practices that
(a)_____________, (b____________ managers and
(c)__________________(three words) use to manage themselves and
fulfil their responsibilities to (d) _________________, including investors.

5 Corporate citizenship can be defined as the extent to which businesses
meet the (a)_____________, (b)_____________, (c)____________ and
(d)_____________ responsibilities imposed on them by stakeholders.

6 An important focus of the ____________________ (three words) debate
is on distinguishing legitimate from illegitimate moral demands on
corporate conduct by evaluating whether or not those demands are
consistent with moral principles and values that underlie all moral
institutions, including business.

7 Viewpoints on corporate social responsibility can be grouped into three
broad types. The first is referred to as the
(a)_________________________________ (four words). The second is
the (b) _______________ view and the third is the
(c)_____________________view.

8 Milton Friedman claims that business people who defend the idea of
corporate social responsibility undermine the basis of (a)
__________________________ (two words) and that (b) _____________
is a necessary condition for political freedom. He further claims that
management’s only responsibility is the protection of (c)_______________
interests.



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, 9 Bowie and Duska’s reformulated view is supported by advocates of the
(a)_____________ view who argue that while companies are responsible
for any wrongdoing they have caused, they are not (b)___________ to
take responsibility for solving social problems, such as (c)
______________ and (d)___________, although they may undertake
such activities if they wish to do so.

10 “The Friedmanite treats stakeholders well in order to (a)___________,
while the stakeholder theorist treats stakeholders well because
(b)______________”.

11 Written standards of ethical business conduct must be aligned with an
enterprise’s
(a) _____________________,
(b) _____________________, and
(c) _____________________.

12 The maximal account of social responsibility is based on the argument
that corporations are powerful institutional members of _____________,
which places an obligation on them to use their social power for good
ends.

13 Corporations are not responsible for solving all social problems, they are
responsible for the _________________ related to their primary and
secondary areas of involvement with society.

14 In view of the evolution of corporate social responsibility to date, a number
of trends can be identified that are likely to shape corporate social
responsibility in the decade ahead. (1) There is a growing recognition that
corporate social responsibility and business ethics are (a) ___________.
(2) Business ethics and corporate social responsibility initiatives will be
(b)__________ focussed. (3) There is likely to be an (c)______________
in both mandatory and voluntary reporting and perhaps government
regulation. (4) There is likely to be greater public expectations about
corporate leadership in solving (d)____________ problems. (5) An
increased focus on the effectiveness of corporate (e)_________ initiatives
and (f)______________ corporate ethics programmes.

15 An important function of ______________ is that they make a company’s
values explicit.

16 Corporate ethics programmes can have different orientations, including,
(a)___________ and (b) ______________.

17 The (a) ________________ and (b) _______________ component of
corporate ethics programmes is concerned with the methods used to



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