Business Ethics Introduction Quiz
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Questions and Answers

What is the main point of the passage?

  • Following the law reflects proper relations with others.
  • Laws make people honest, reliable, and trustful.
  • Measuring behavior within the law is sufficient for ethical conduct.
  • Ethical behavior requires more than just following the law. (correct)
  • How do people sometimes measure their behavior according to the passage?

  • By considering ethical and legal aspects separately.
  • By asking if it is legal. (correct)
  • By seeking advice from others.
  • By ignoring the legality of their actions.
  • What does the passage suggest about following the law?

  • It is sufficient for ethical conduct.
  • It reflects proper relations with others.
  • It is based on human principles of right and wrong.
  • It is an important step but not enough for ethical behavior. (correct)
  • According to the passage, what do ethics reflect?

    <p>People's proper relations with one another.</p> Signup and view all the answers

    What responsibility should people feel towards others according to the passage?

    <p>They should feel responsible for treating others ethically.</p> Signup and view all the answers

    Study Notes

    Business Ethics

    • Business ethics are important for many reasons, such as customers and suppliers preferring to deal with ethical companies.
    • Ethics are more than just legality, implying that businesses should go beyond just following the law.
    • No individual, including government officials and business people, should be above the law.
    • Having ethical standards in business:
      • Makes accounting practices more transparent
      • Holds business people and others accountable for their actions.

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    Description

    Test your knowledge on the importance of business ethics and the principles of demonstrating ethical behavior in the business world. This quiz covers the significance of ethics beyond legality and its impact on customer and supplier relationships.

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