Ethics in Business
10 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Why is it important to learn ethics in business?

  • To obey the laws
  • To build a good reputation (correct)
  • To promote groundless suits
  • To support the Constitution

    • What must be done after drawing up a company's code of ethical conduct?

  • Ignore it
  • Hide it from employees
  • Communicate and adhere to it (correct)
  • Modify it frequently

    • Who must adhere to the company's code of ethical conduct?

  • Corporate officers and employees (correct)
  • Only entry-level employees
  • Only top-level executives
  • No one

    • What does the lawyer's oath require them to do?

    <p>Maintain allegiance to the Republic of the Philippines</p> Signup and view all the answers

    What can ruin a reputation in just five minutes, according to Warren Buffet?

    <p>Unethical act</p> Signup and view all the answers

    According to Warren Buffet, how long does it take to build a reputation?

    <p>Two years</p> Signup and view all the answers

    Who can be affected by an unethical act in the workplace?

    <p>The entire business and its reputation</p> Signup and view all the answers

    What is the purpose of establishing and applying business ethics in the workplace?

    <p>To maintain the reputation of the business</p> Signup and view all the answers

    What must be done after drawing up a company's code of ethical conduct?

    <p>The code must be communicated and adhered to</p> Signup and view all the answers

    Who is required to adhere to the company's code of ethical conduct?

    <p>All corporate officers and employees, regardless of position</p> Signup and view all the answers

    More Like This

    Company Law and Business Ethics Quiz
    4 questions

    Company Law and Business Ethics Quiz

    EnticingElbaite avatar
    EnticingElbaite
    Social Responsibility and Business Ethics Quiz
    3 questions

    Social Responsibility and Business Ethics Quiz

    RegalGyrolite6391 avatar
    RegalGyrolite6391
    Conflict of Interest in Business
    14 questions

    Conflict of Interest in Business

    RevolutionarySmokyQuartz avatar
    RevolutionarySmokyQuartz
    Company Values and Principles
    16 questions

    Company Values and Principles

    WellReceivedWeasel avatar
    WellReceivedWeasel
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser