The Moral Case for Why a Company Should Actively Promote

question 8

Multiple Choice

The moral case for why a company should actively promote the betterment of society and act in a manner benefitting all its stakeholders

• A) is based on the principle of treating people fairly and with respect.
• B) is based on the conviction that improving the well-being of society ranks higher in priority and is certainly nobler than making a profit and serving the interests of shareholders.
• C) boils down to "it's the right thing to do."
• D) rests on the principle that a business is duty bound to fulfill its social contract to serve the interests of all stakeholders in a business enterprise.
• E) is based on the principle that business activities lack real legitimacy and have few socially redeeming qualities unless and until a company exerts a significant and sincere effort to give something back to the community.

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Definitions:

Decision Making

The cognitive process of selecting a course of action from multiple alternatives.

Group Expectations

The set of beliefs or standards that members of a group hold regarding what behaviors or performances are desirable or acceptable within the group.

Role Uncertainty

A state where an individual is unsure or unclear about the expectations, responsibilities, or duties associated with their role.

Group Norms

Shared guidelines or standards of behavior that influence how members of a group act in typical circumstances.