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2. Ethics and Management Managerial ethics are the standards of behavior that guide individual managers in their work. For each situation shown, categorize that situation in terms of the area of ethical concern for managers it represents: 1) treatment of employees by the organization, 2) treatment of the organization by the employees, and 3) treatment of other agents by the employees and/or the organization. Employee's Treatment of Organization Organization's Treatment of Employees Employee's or Organization's Treatment of Others When government inspectors show up at his plant, Jackson takes them to an expensive restaurant for lunch and gives them tickets to sold-out sports events. Ever since Shelley started working remotely, she spends more of the workday playing video games than doing her job. Although the company is highly profitable, the CEO refuses to offer employees more than bare-bones health insurance. O O 3. Social Responsibility Complete the table by organizing the arguments for and against social responsibility into the correct columns. Arguments for Social Responsibility 1. Businesses create problems and should help solve them. 2. Corporations are citizens in our society. 3. Businesses have the resources to solve problems. Business is a partner in society. Arguments Against Social Responsibility 1. Business lacks expertise in social programs. 2. Involvement gives businesses too much power. 3 There may be conflicts of interest. 4. Business exists to generate profit for the owners. 4. How can companies show social responsibility? Check all that apply. O Putting profits first Improving operations management Making ethical decisions Educating the public about a social issue Donating money to charity