Ethics and Social Responsibility 1. What is the relationship between ethics and the law? 2. What are the four main approaches toward social responsibility that a company can take? 3. Describe four rules that can help companies and their managers act in ethical ways. 4. Discuss why it is important for managers to behave ethically. 5. Why do the claims and interests of stakeholders sometimes conflict? 6. Why should managers use ethical criteria to guide their decision making? 7. How can managers encourage and promote entrepreneurship to create a learning organization? 8. How does organizational learning and creativity play in helping managers to improve their decisions? Managing Ethically 9. Why is it that an organization’s values and norms can become too strong and lead to unethical behavior? 10. What steps can a company take to prevent this problem—to stop its values and norms from becoming so inwardly focused that managers and employees lose sight of their responsibility to their stakeholders? 11. Why be socially responsible?