37 Questions
What term is defined as a moral code that establishes boundaries of generally accepted behavior?
Ethics
Why is it important to act according to a code of ethics?
To establish boundaries of acceptable behavior
What do social conventions about right and wrong form the basis for?
Established consensus
Why is business ethics becoming increasingly important?
To gain customer trust and loyalty
What approach can be taken to ensure ethical decision making?
Following a moral code or guidelines
What trends have increased the risk of using information technology unethically?
Proliferation of social media usage
Why are organizations interested in fostering good business ethics?
To attract and retain employees and customers
What defines boundaries of generally accepted behavior?
Social conventions
What are organizations doing to improve their business ethics?
'Leading by example'
What do different rules often have despite contradictions?
Contradictions
What is the principle called when an employer can be held responsible for the acts of its employees?
Respondeat superior
What is a characteristic of a successful ethics program according to the text?
Employees feel positive about their company
What role does a Corporate Ethics Officer play in a company?
Provides vision and leadership in business conduct
What is a responsibility of the Board of Directors with regards to ethical standards?
Setting standards for ethical behavior
According to the Sarbanes-Oxley Act of 2002, what is required of public companies?
To disclose whether they have a code of ethics and any waivers granted
What does a social audit review according to the text?
How well organization is meeting ethical and social responsibility goals
What is a key component of a corporate code of ethics?
Providing mechanisms to report unethical conduct
What does integrity refer to in the context of ethical behavior?
Acting in accordance with a personal code of principles
What is the difference between morals and ethics?
Morals are about right and wrong, ethics are about group expectations.
Why is fostering good business ethics important?
To avoid unfavorable publicity
How does consistency benefit an organization as mentioned in the text?
It helps employees make decisions based on organizational values
What is one of the reasons mentioned in the text for gaining the good will of the community?
To create an organization that operates consistently
In the context of ethical behavior, what do vices refer to?
Habits of unacceptable behavior
Why do companies value consistency in their operations according to the text?
To know what is expected of employees
What can lead to bad business results as mentioned in the text?
Bad ethics
What does law refer to in the context of ethics?
System of rules that tells us what we can and cannot do
How do virtues differ from vices according to the text?
Virtues incline people to do what is acceptable, vices are habits of unacceptable behavior.
What is the main focus of the virtue ethics approach?
Daily life virtues in a community
Why is the fairness approach concerned with fair distribution of benefits and burdens?
To treat all people the same
What is the importance of fostering good business ethics in organizations?
Avoid unfavorable publicity
How does the common good approach differ from other ethical decision-making approaches?
Works towards common values for all people
Why is it important for general business managers to be responsible for ethical decisions related to IT?
To protect against legal action
What is the risk associated with unethical behavior in organizations?
Facing legal action
How does the utilitarian approach differ from the fairness approach in ethical decision making?
Finds best overall consequences
Why should ethical considerations be incorporated into decision making in organizations?
To protect against legal action
What are some common concerns related to unethical behavior in information technology?
Students' use of plagiarism in research
How can managers influence employees' ethical behavior according to the text?
By setting strong ethical examples
Test your knowledge on the overview of ethics and business ethics in the field of Information Technology. Explore important questions related to ethics and the significance of following a code of ethics in organizations.
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