question 1 a responsibility is based on an aspect of some relationship and is empt 385411

Question 1 A responsibility is based on an aspect of some relationship, and is empty of content until that relationship is nurtured. that relationship is described and specified. it is realized in financial terms. the subjects involved in the relationship are ethically sound. . 4 points Question 2 According to the text, Mectizan, a drug manufactured by Merck, is provided as an example to explain Answer that a firm’s social responsibility includes doing voluntary good. that a firm’s social responsibility includes not causing harm to others. that a firm’s social responsibility signifies obedience to the law. that a firm’s social responsibility entails the prevention of harm. . 4 points Question 3 _____ are those things that we ought, or should, do, even if we would rather not. Answer Responsibilities Decisions Socializations Theories . 4 points Question 4 Among which of the following would both law and ethics say that business should be held liable for violating its responsibilities? Answer The social responsibility of a firm to prevent harm when one is not the cause for it. The social responsibility of a firm to not cause harm to others. The social responsibility of a firm to obey the law. The social responsibility of a firm to do good. . 4 points Question 5 A firm builds a type of _____ when it creates a good image for itself. Answer knowledge curve trust bank ingenuity source safe loop . 4 points Question 6 Corporate philanthropy is an example of Answer a firm’s taking on the social responsibility of doing voluntary good. a firm’s adherence to the social responsibility of not causing harm to others. a firm complying with the social responsibility entailing from the law. a firm’s taking on the social responsibility of preventing harm. . 4 points Question 7 What according to Ambrose Bierce is “an ingenious device for obtaining individual profit without individual responsibility”? Answer Leadership Utilitarianism Equal opportunities Corporation . 4 points Question 8 Which among the following methods of constraining a business’s activities is beyond dispute? Answer The social responsibility of a firm to prevent harm when one is not the cause for it. The social responsibility of a firm to not cause harm to others. The social responsibility of a firm to obey the law. The social responsibility of a firm to do good. . 4 points Question 9 _____ can serve as proxies for success, to some extent, or at least would be unlikely to occur in a company known for ethical lapses. Answer Achievable objectives Quantifiable measurements Strong leadership Ethical codes of conduct . 4 points Question 10 The European Commission has defined CSR as “a concept whereby companies decide voluntarily to contribute to a better society and _____.” Answer better opportunities equality of treatment a cleaner environment a freer market system . 4 points Question 11 Conduct online research on pharmaceutical companies, and answer the following questions: 1. What social responsibilities do pharmaceutical companies have that differs from other types of companies? 2. Who are the primary stakeholders a pharmaceutical company has and how do you think they are prioritized? 3. Do you think pharmaceutical companies are justified in charging such high prices for certain medications or do you believe their high overhead costs (research, employing people, advertising) justifies what they charge? Please remember to cite your sources in APA format at the bottom of your essay. Answer NormalHeading 1Heading 2Heading 3Heading 4Heading 5AddressFormatted 1234567 ArialArial BlackBook AntiquaCentury GothicComic SansCourier NewGaramondGeorgiaTahomaTimes New RomanVerdana Path:body . 30 points Question 12 After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you think the impact is to the “image management” that these insurance companies will have to deal with after all of the law suits? Answer NormalHeading 1Heading 2Heading 3Heading 4Heading 5AddressFormatted 1234567 ArialArial BlackBook AntiquaCentury GothicComic SansCourier NewGaramondGeorgiaTahomaTimes New RomanVerdana