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LES 305 Quiz 1 | Questions And Answers Latest {} A+ Graded | 100% Verified
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LES 305 Quiz 1 | Questions And Answers Latest {} A+ Graded | 100% Verified
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LES 305 Quiz 1 | Questions And Answers Latest {2024- 2025} A+ Graded | 100% VerifiedInherence School of Social Responsibility - Advises managers to act only with shareholder's interests in
mind
Enlightened Self-interest School of Social Responsibility - Advises managers to be responsible to the
shareholders by being responsive to the larger society.
Invisible Hand School of Social Responsibility - Role of business is to serve larger society, but does so
best when serving only shareholders.
School of Social Responsibility - Role of business is to serve society as a whole and should do so by
directly serving the needs of society.
"Toes to the Line" Philosophy - Doing no more than what is required under the law while violating the
intent of the law.
Censorship - ACLU (American Civil Liberties Union) defines it as the "Suppression of words, images or
ideas that are 'offensive'."
Morals Clause - Part of a contract for actors, athletes and others that prohibits private conduct that
would subject that person to public ridicule.
Divine Command Theory - Ethical standard are based upon religious beliefs.
Contractarians and Justice - Putting ethical standard in place by social contract. The contract is built by
rational thinking people that develop a set of rules for everyone.
Utilitarian Theory - Greatest good for the greatest number of people
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