Ethical Issues and Problems in the Business World
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Questions and Answers

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

  • Good governance and social responsibility (correct)
  • Employment opportunities in business
  • Technological advancements in business
  • Customer satisfaction in business
  • Why is it crucial to acknowledge the dual nature of business?

  • To promote fair transactions
  • To navigate the complexities of business with ethical considerations (correct)
  • To exploit others for personal gain
  • To ensure customer satisfaction
  • What does the text emphasize as a positive aspect of business?

  • Ensures customer satisfaction
  • Abuse of power by unscrupulous individuals
  • Exploitation of fiduciary relationships
  • Fosters fair transactions (correct)
  • What is the negative consequence mentioned in the text regarding unscrupulous individuals in business?

    <p>Abuse of fiduciary relationships between employers and employees</p> Signup and view all the answers

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

    <p>To ensure positive impact on both individuals and society</p> Signup and view all the answers

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

    <p>Tension, conflict, entitlement, and resentment</p> Signup and view all the answers

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

    <p>Job performance</p> Signup and view all the answers

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

    <p>File a lawsuit against the employer</p> Signup and view all the answers

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

    <p>To show goodwill, appreciation, or commemorate an event</p> Signup and view all the answers

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

    <p>Giving a gift with the intention to manipulate or influence decision-making</p> Signup and view all the answers

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

    <p>Physical appearance bias</p> Signup and view all the answers

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

    <p>Decreased employee performance</p> Signup and view all the answers

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

    <p>File a lawsuit against their employer</p> Signup and view all the answers

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

    <p>To show goodwill and appreciation</p> Signup and view all the answers

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

    <p>Providing equal coaching to all employees</p> Signup and view all the answers

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

    <p>Ethical issues and problems in the business world</p> Signup and view all the answers

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

    <p>To prevent unscrupulous individuals from exploiting others</p> Signup and view all the answers

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

    <p>Leading to the abuse of fiduciary relationships</p> Signup and view all the answers

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

    <p>Generating employment opportunities</p> Signup and view all the answers

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

    <p>Abuse of fiduciary relationships</p> Signup and view all the answers

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