Podcast
Questions and Answers
Which of the following best defines business ethics?
Which of the following best defines business ethics?
- The impact of decisions on the environment, employees, and customers
- The challenges faced when making ethical decisions
- Standards of conduct and moral values in the workplace (correct)
- Factors that determine an individual's moral and ethical development
What are the three stages of individual ethical development?
What are the three stages of individual ethical development?
- Family, education, culture
- Environment, employees, customers
- Pre-conventional, conventional, post-conventional (correct)
- Conflict of interest, decision-making, standards of conduct
What factors determine an individual's moral and ethical development?
What factors determine an individual's moral and ethical development?
- Family, education, culture, religious backgrounds (correct)
- Conflict of interest, decision-making, standards of conduct
- Impact on environment, employees, customers
- Pre-conventional, conventional, post-conventional
What is a common ethical challenge in the workplace?
What is a common ethical challenge in the workplace?
What does business need to consider when making decisions?
What does business need to consider when making decisions?
True or false: Business ethics refers to standards of conduct and moral values regarding right and wrong actions in the work environment.
True or false: Business ethics refers to standards of conduct and moral values regarding right and wrong actions in the work environment.
True or false: Individuals typically develop ethical standards in three stages: pre-conventional, conventional, and post-conventional.
True or false: Individuals typically develop ethical standards in three stages: pre-conventional, conventional, and post-conventional.
True or false: An individual's stage in moral and ethical development is determined by factors such as family, education, culture, and religious backgrounds.
True or false: An individual's stage in moral and ethical development is determined by factors such as family, education, culture, and religious backgrounds.
True or false: Conflict of interest is a situation in which an employee must choose between their personal interests and the interests of the company.
True or false: Conflict of interest is a situation in which an employee must choose between their personal interests and the interests of the company.
True or false: Businesses must consider the impact of their decisions on the environment, employees, and customers.
True or false: Businesses must consider the impact of their decisions on the environment, employees, and customers.