Ethical Issues and Problems in the Business World

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20 Questions

What is the main focus of the written report submitted by Borbon, Joyce Marie A. and others?

Good governance and social responsibility

Why is it crucial to acknowledge the dual nature of business?

To navigate the complexities of business with ethical considerations

What does the text emphasize as a positive aspect of business?

Fosters fair transactions

What is the negative consequence mentioned in the text regarding unscrupulous individuals in business?

Abuse of fiduciary relationships between employers and employees

Why is it essential to navigate the complexities of business with ethical considerations?

To ensure positive impact on both individuals and society

What is one of the adverse effects of favoritism and discrimination in the workplace?

Tension, conflict, entitlement, and resentment

Which of the following is NOT a cause of favoritism in the workplace?

Job performance

What action can employees take if they are discriminated against due to a protected characteristic?

File a lawsuit against the employer

What is the primary reason for giving a gift in a professional setting?

To show goodwill, appreciation, or commemorate an event

Which of the following is generally considered unethical gift-giving in a professional setting?

Giving a gift with the intention to manipulate or influence decision-making

What is one of the underlying causes of favoritism in the workplace mentioned in the text?

Physical appearance bias

What is a potential adverse effect of discrimination and prejudice at work, as stated in the text?

Decreased employee performance

What action can employees take if they are discriminated against due to a protected characteristic, according to the text?

File a lawsuit against their employer

What is the primary reason for giving a gift in a professional setting, based on the information provided?

To show goodwill and appreciation

Which of the following is NOT a sign of favoritism at work, as per the text?

Providing equal coaching to all employees

What is the primary focus of the written report submitted by Borbon, Joyce Marie A. and others?

Ethical issues and problems in the business world

Why is it crucial to acknowledge the dual nature of business?

To prevent unscrupulous individuals from exploiting others

What is one of the adverse effects of favoritism and discrimination in the workplace?

Leading to the abuse of fiduciary relationships

What does the text emphasize as a positive aspect of business?

Generating employment opportunities

What is the negative consequence mentioned in the text regarding unscrupulous individuals in business?

Abuse of fiduciary relationships

This quiz covers ethical issues and problems in the business world, focusing on good governance and social responsibility. It includes topics such as corporate ethics, ethical decision making, and social responsibility in business.

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