Decision-Making & Ethics in Business

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Questions and Answers

Which of the following is NOT one of the three questions that can guide decision-makers out of the gray area?

  • Ethic check
  • Pride (correct)
  • Ethical Dilemmas
  • Purpose

What criteria must a business decision meet to be considered legal?

  • It meets the criteria of positive law and internal company regulations.
  • It meets the criteria of applicable criminal and civil law. (correct)
  • It meets the criteria of personal regulation and company code of ethics
  • It meets the criteria of the country’s positive law.

What are standards regarding types of actions believed to be morally right and wrong called?

  • Morality
  • Ethics
  • Nonmoral standards
  • Moral standards (correct)

What does business ethics study?

<p>Implications of our moral standards on business activities (C)</p> Signup and view all the answers

What is the correct continuation of the question 'Which of the following is NOT one of the three questions that can guide decision-makers out of the gray area?'?

<p>Pride (A)</p> Signup and view all the answers

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