Reference no: EM132308216
1. Rawls' views of social justice would provide the best argument for the narrow view of corporate responsibility,.
True
False
2. Those who reject the broad view of corporate responsibility also reject the "invisible hand" view expressed by Adam Smith.
True
False
3. Part of Friedman's rationale for emphasizing freedom and capitalism is the Kantian ideal of acting from moral duty.
True
False
4. In order for corporations to behave ethically, they must, ultimately, give up the profit motive.
True
False.
5. Friedman and Nozick agree in their emphasis on maximizing human freedom.
True
False
6. The assertion that corporate profits will rise if corporations pursue their social responsibility
a) Supports the narrow view of corporate social responsibility.
b) Is a view long-ago advocated by Bentham and Mill.
c) Implies that corporate social responsibility is not really in conflict with the view that corporations should maximize profits.
d) Is a rejection of the broad view of corporate social responsibility.
7. Of the authors we have studied, which of the following is considered a strong representative of the narrow view of corporate responsibility?
a) Kieth Davis
b) Michael Freeman
c) Milton Friedman
d) Immanuel Kant
8. The "invisible hand" argument is?
a) The argument that businesses do not have the moral knowledge or insight to effectively manage their own best interests.
b) An argument that corporations, inevitably, will be corrupted and prevent public good as if an "invisible hand" were stealing from the public.
c) The utilitarian argument that by allowing consumers to pursue deals and businesses to pursue profits, everything will work out the best for everyone.
d) The Kantian argument that corporations should guide their actions as if an "invisible hand" of rational morality were in control.