Business Ethics and Occupational Health
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Business Ethics and Occupational Health

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Questions and Answers

What is one major benefit of ethical behavior in business?

  • Diminished customer trust
  • Improved employee retention (correct)
  • Increased legal violations
  • Higher short-term profits

    • A strong ethical culture can negatively impact employee engagement.

    False

    What is the relationship between business ethics and risk management?

    Ethical behavior helps mitigate legal and financial risks, reducing the likelihood of lawsuits and fines.

    Employers have an ethical responsibility to provide a _______ and healthy work environment for their employees.

    <p>safe</p> Signup and view all the answers

    Match the following ethical benefits in business with their descriptions:

    <p>Reputation = Positive public perception of the company Trust and loyalty = Commitment from customers and employees Risk management = Minimizing legal and financial repercussions Employee engagement = Motivated and proud workforce</p> Signup and view all the answers

    How does ethical behavior influence talent attraction?

    <p>Attracts high-performing individuals</p> Signup and view all the answers

    Prioritizing profit over ethics is likely to lead to long-term sustainability.

    <p>False</p> Signup and view all the answers

    What impact does ethical behavior have on customer relationships?

    <p>It fosters trust and loyalty, leading to repeat business and referrals.</p> Signup and view all the answers

    What is the primary focus of occupational health and safety?

    <p>Creating safe working conditions</p> Signup and view all the answers

    Business ethics addresses the ethical considerations within the personal lives of employees.

    <p>False</p> Signup and view all the answers

    What does ethics provide in the context of decision-making?

    <p>A framework for making moral decisions</p> Signup and view all the answers

    Ethical behavior in the workplace is grounded in principles such as __________, integrity, fairness, and respect for others.

    <p>honesty</p> Signup and view all the answers

    Match the following terms with their definitions:

    <p>Ethics = Principles guiding human behavior and decision-making Business Ethics = Ethical considerations within the business environment Morality = Understanding of right and wrong in society</p> Signup and view all the answers

    What is one of the benefits of implementing business ethics in an organization?

    <p>Improved employee loyalty</p> Signup and view all the answers

    Ethical considerations in the workplace have no impact on employee rights.

    <p>False</p> Signup and view all the answers

    Name one personal factor that may influence ethical decision-making.

    <p>Personal beliefs or values</p> Signup and view all the answers

    What is a key ethical responsibility of employers regarding occupational health and safety (OHS)?

    <p>Respecting the basic human rights of workers</p> Signup and view all the answers

    Fair treatment in OHS practices excludes considerations of gender and race.

    <p>False</p> Signup and view all the answers

    Name one psychological factor that can impact ethical decision-making.

    <p>Locus of control</p> Signup and view all the answers

    Employers should communicate openly about OHS policies to foster _____ among employees.

    <p>trust</p> Signup and view all the answers

    Which of the following factors can influence an individual's ethical decision-making process?

    <p>Demographic factors</p> Signup and view all the answers

    Non-compliance with OHS regulations can lead to ethical dilemmas but is never considered harmful to employees.

    <p>False</p> Signup and view all the answers

    An environment that upholds ethical standards can create a culture of _____ among employees.

    <p>well-being</p> Signup and view all the answers

    Match the following ethical principles with their descriptions:

    <p>Respect for Human Rights = Ensuring a safe workplace and informing workers about hazards Fair Treatment = Providing equitable conditions free from discrimination Transparency = Open communication about OHS practices Accountability = Holding individuals responsible for their actions</p> Signup and view all the answers

    Study Notes

    Importance of Business Ethics

    • Strong ethical behavior leads to a positive company reputation.
    • Ethical practices build trust and loyalty among employees and customers, leading to repeat business and committed staff.
    • Adhering to ethical standards mitigates legal and financial risks by preventing lawsuits and fines.
    • Ethical workplaces promote engaged and motivated employees who are proud of their work.
    • Companies with strong ethical cultures attract top talent as job seekers prioritize ethical workplaces.
    • Prioritizing ethics, even over short-term profits, is essential for long-term sustainability and positive relationships with stakeholders.

    Occupational Health & Safety and Ethics

    • Employers have an ethical responsibility to provide a safe and healthy work environment for their employees, including hazard identification, training, and compliance with regulations.
    • OHS practices must respect workers' fundamental human rights, including a safe workplace, awareness of potential hazards, and participation in safety decisions.
    • Fair treatment of all workers, regardless of gender, race, age, or disability, is ethically crucial.
    • Ethical behaviour requires transparency regarding OHS practices and accountability for all individuals involved.

    Factors influencing ethical decision-making

    • Personal Factors:
      • Psychological: Locus of control, moral maturity, and heuristics/cognitive biases affect ethical decision-making.
      • Demographic: Age, gender, race, education level, and socioeconomic status shape values, beliefs, and perspectives, impacting ethical choices.

    Ethics, Business Ethics, and Morality

    • Ethics: societal rules and guidelines that dictate expected behavior for community membership. Examples include laws, professional codes of ethics, and codes of conduct.
    • Business Ethics: focuses on ethical considerations within the business environment, examining situations, activities, and decisions where right and wrong are at play.
    • Morality: refers to personal beliefs and values, which may or may not align with societal norms or business ethics.

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    Related Documents

    Study Unit 6: Ethics and Occupational Health and Safety PDF

    Description

    Explore the importance of business ethics and its impact on workplace culture and reputation. Understanding occupational health and safety further emphasizes the ethical responsibilities of employers towards their employees. This quiz delves into the synergy between ethics and a safe work environment.

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