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Ethics in Business and Work Environment

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Questions and Answers

Which of the following is NOT considered an ethical violation?

Deceiving tax authorities to avoid taxes

Engaging in fraudulent activities for personal gain

Implementing company-wide efficiency initiatives (correct)

Offering bribes to gain advantages

What factor significantly influences individual ethical behavior in the workplace?

Social Environment (correct)

Personal gain motivation

Personal financial status

Technical skill level

Which of the following factors can lead to ethical challenges for businesses?

Increased government regulation

Stable economic conditions

Changes in consumer preferences

Strategic and social challenges (correct)

How do global economic changes primarily impact organizations?

<p>Through free trade agreements</p> Signup and view all the answers

What is a key expectation that society has from companies regarding their operations?

<p>Operating with recognized ethical principles</p> Signup and view all the answers

Study Notes

Examples of Ethical Violations

Corruption and bribery include offering bribes and engaging in fraudulent activities to gain illegal benefits.
Tax evasion involves deceiving the tax authorities and avoiding the payment of due taxes

Factors Affecting Work Ethics

Social environment shapes individual behaviors and ethical orientations.
Economic environment influences ethical adherence in the workplace.
Political environment impacts individual actions and commitment to ethical principles.

Forces and Challenges Facing Businesses

Strategic and social challenges force companies to restructure their operations to remain competitive.
Companies face economic changes and dismiss employees during economic shifts.
Global economic changes, such as free trade agreements and European economic integration, significantly alter global economies.
Society expects companies to operate ethically according to recognized principles.
Public policies have evolved, leading to reduced government involvement and creating new employment opportunities.

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Description

This quiz explores various ethical violations in business, including corruption and tax evasion, as well as the factors that influence work ethics such as social, economic, and political environments. Additionally, it discusses the challenges businesses face in maintaining ethical standards amid strategic and economic shifts.