🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Business Ethics and Corporate Social Responsibility
25 Questions
5 Views

Business Ethics and Corporate Social Responsibility

Created by
@ExcitedDenouement

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is an example of ethical business practices?

  • Polluting the environment
  • Using child labour
  • Unfair advertising
  • Treating all employees equally (correct)
  • What is an unethical business practice that involves dishonesty?

  • Paying fair wages
  • Using bribery (correct)
  • Treating all employees equally
  • Operating within the law
  • What is an example of a business practice that harms the environment?

  • Treating all employees equally
  • Polluting the environment (correct)
  • Operating within the law
  • Paying fair wages
  • What is an unethical business practice that involves deception?

    <p>Unfair advertising</p> Signup and view all the answers

    What is an ethical business practice that involves fairness?

    <p>Treating all employees equally</p> Signup and view all the answers

    What is the primary focus of the 'right to freedom'?

    <p>Whether the decision is right or wrong</p> Signup and view all the answers

    What is the main reason for the development and implementation of a code?

    <p>To address the occurrence of corruption in business</p> Signup and view all the answers

    What is the role of business entities in society, according to the concept of corporate citizenship?

    <p>To act as responsible corporate citizens</p> Signup and view all the answers

    What are 'issues like ethics and corruption' related to?

    <p>The challenges of responsible corporate citizenship</p> Signup and view all the answers

    What are the key principles of accountability?

    <p>Accountability, transparency, and desponsibilay</p> Signup and view all the answers

    What is the primary focus of professional behaviour in a business setting?

    <p>Upholding the reputation of the business</p> Signup and view all the answers

    What is an example of unprofessional behaviour in the workplace?

    <p>Using company resources for personal gain</p> Signup and view all the answers

    What is the purpose of a code of conduct in a business?

    <p>To outline acceptable and unacceptable behaviour</p> Signup and view all the answers

    What is an example of good use of work time?

    <p>Focusing on tasks and meeting deadlines</p> Signup and view all the answers

    What is a consequence of unprofessional behaviour in the workplace?

    <p>Negative impact on colleagues and the business</p> Signup and view all the answers

    What is the main difference between ethical and professional behaviour?

    <p>Ethical behaviour is related to industry standards, while professional behaviour is related to what is right or wrong in society</p> Signup and view all the answers

    What is the primary focus of professional behaviour?

    <p>Industry standards and principles</p> Signup and view all the answers

    Which of the following is an example of respecting the image of your profession?

    <p>Following a dress code</p> Signup and view all the answers

    What is a key principle of professional behaviour in terms of working hours?

    <p>Keeping to working hours</p> Signup and view all the answers

    Which of the following is a principle of professional behaviour related to confidentiality?

    <p>Not sharing sensitive information with anyone</p> Signup and view all the answers

    What is an example of a crisis that can occur in the workplace?

    <p>Serious illnesses of employees</p> Signup and view all the answers

    What is the first step in dealing with a crisis in the workplace?

    <p>Try to stop the crisis from happening</p> Signup and view all the answers

    What is essential when providing information during a crisis?

    <p>Providing accurate and correct information</p> Signup and view all the answers

    How should businesses respond to a crisis situation?

    <p>Respond appropriately and quickly</p> Signup and view all the answers

    What is important to consider when dealing with a crisis in the workplace?

    <p>The people concerned</p> Signup and view all the answers

    Study Notes

    Ethical Business Practices

    • Using child labor is an example of unethical business practices
    • Treating all employees equally, paying fair wages, and operating within the law are essential for ethical business practices
    • Unfair advertising, tax evasion, bribery, and disobeying the law are all examples of unethical business practices

    Crises in the Workplace

    • Examples of crises in the workplace include loss of property due to fire, theft of assets, breakdown of machinery, power outages, accidents, and serious illnesses of employees
    • Businesses can deal with crises by responding appropriately and quickly, evaluating the damage, rescuing those in conflict, being sensitive to those concerned, providing accurate information, and managing the situation calmly until the crisis is over

    Professional Behavior

    • Professional behavior refers to a certain standard of behavior that includes guidelines on employee appearance and upholding the reputation of the business
    • Applying a code of conduct, using good language, treating all people equally, and not abusing work time or resources are all examples of professional behavior
    • Unprofessional behavior includes using rude language, unauthorized use of business resources, and breaking confidentiality

    Basic Rights of People

    • The basic rights of people include the right to freedom, protection from abuse, and respect for dignity and human rights
    • Businesses should focus on whether their decisions are right or wrong and consider the impact on society

    Corporate Citizenship

    • Businesses should act as responsible corporate citizens, focusing on ethics, accountability, transparency, and social responsibility
    • Issues like ethics and corruption challenge responsible corporate citizenship
    • A code of conduct was developed to address corruption in business

    Distinguishing Between Ethical and Professional Behavior

    • Ethical behavior refers to what is right or wrong and conforms to a set of morally accepted values in business
    • Professional behavior refers to the set of standards of expected behavior, including respect for oneself and others, integrity, and confidentiality

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    This quiz assesses your understanding of business ethics, corporate social responsibility, and the importance of responsible decision-making in organizations. It covers topics such as human rights, ethical dilemmas, and the role of businesses in society. Test your knowledge and see how well you can identify ethical principles and responsible business practices.

    Use Quizgecko on...
    Browser
    Browser