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Questions and Answers
Which of the following is NOT considered an ethical violation?
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?
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?
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?
How do global economic changes primarily impact organizations?
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What is a key expectation that society has from companies regarding their operations?
What is a key expectation that society has from companies regarding their operations?
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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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