Podcast
Questions and Answers
What is an example of ethical business practices?
What is an example of ethical business practices?
What is an unethical business practice that involves dishonesty?
What is an unethical business practice that involves dishonesty?
What is an example of a business practice that harms the environment?
What is an example of a business practice that harms the environment?
What is an unethical business practice that involves deception?
What is an unethical business practice that involves deception?
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What is an ethical business practice that involves fairness?
What is an ethical business practice that involves fairness?
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What is the primary focus of the 'right to freedom'?
What is the primary focus of the 'right to freedom'?
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What is the main reason for the development and implementation of a code?
What is the main reason for the development and implementation of a code?
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What is the role of business entities in society, according to the concept of corporate citizenship?
What is the role of business entities in society, according to the concept of corporate citizenship?
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What are 'issues like ethics and corruption' related to?
What are 'issues like ethics and corruption' related to?
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What are the key principles of accountability?
What are the key principles of accountability?
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What is the primary focus of professional behaviour in a business setting?
What is the primary focus of professional behaviour in a business setting?
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What is an example of unprofessional behaviour in the workplace?
What is an example of unprofessional behaviour in the workplace?
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What is the purpose of a code of conduct in a business?
What is the purpose of a code of conduct in a business?
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What is an example of good use of work time?
What is an example of good use of work time?
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What is a consequence of unprofessional behaviour in the workplace?
What is a consequence of unprofessional behaviour in the workplace?
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What is the main difference between ethical and professional behaviour?
What is the main difference between ethical and professional behaviour?
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What is the primary focus of professional behaviour?
What is the primary focus of professional behaviour?
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Which of the following is an example of respecting the image of your profession?
Which of the following is an example of respecting the image of your profession?
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What is a key principle of professional behaviour in terms of working hours?
What is a key principle of professional behaviour in terms of working hours?
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Which of the following is a principle of professional behaviour related to confidentiality?
Which of the following is a principle of professional behaviour related to confidentiality?
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What is an example of a crisis that can occur in the workplace?
What is an example of a crisis that can occur in the workplace?
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What is the first step in dealing with a crisis in the workplace?
What is the first step in dealing with a crisis in the workplace?
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What is essential when providing information during a crisis?
What is essential when providing information during a crisis?
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How should businesses respond to a crisis situation?
How should businesses respond to a crisis situation?
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What is important to consider when dealing with a crisis in the workplace?
What is important to consider when dealing with a crisis in the workplace?
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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
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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.