PA 1st Year Ethics & Corruption Chapter 4
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Questions and Answers

What is the primary desire of stockholders according to the stakeholder map?

  • Highest quality products at a fair price
  • Increased competition with no ethical means
  • Highest salary with secured job and better business condition
  • Highest return on equity (ROE) with lowest risk (correct)

Why is it important to adopt ethical values in human resource management?

  • To maintain and develop human resources as organizational assets (correct)
  • To reduce employee salaries and benefits
  • To increase competition among employees
  • To increase marketing efforts

What is the consequence of an unethical decision on a business?

  • Improved employee morale and productivity
  • Enhanced business reputation
  • Creation of legal, financial, and marketing risks (correct)
  • Increased competitiveness in the market

What is personal responsibility in an organizational context?

<p>An employee's commitment to carrying out job tasks at the required level (A)</p> Signup and view all the answers

What is a reason for paying attention to business ethics?

<p>To avoid legal, financial, and marketing risks (B)</p> Signup and view all the answers

What is a type of responsibility that involves an individual's commitment to carrying out job tasks?

<p>Personal responsibility (B)</p> Signup and view all the answers

What is social responsibility in the context of an organization?

<p>Taking part in solving problems in the surrounding society (A)</p> Signup and view all the answers

What do ethics suggest?

<p>Moral principles for human behavior in certain circumstances (C)</p> Signup and view all the answers

What is the difference between legal and ethical responsibilities?

<p>Legal responsibilities provide a guide to ethical decision making, but they are not always the same (D)</p> Signup and view all the answers

What is the focus of business ethics?

<p>Basic principles for accepted organizational behavior (B)</p> Signup and view all the answers

What is an example of unethical behavior in the workplace?

<p>Lying to a supervisor to meet schedule pressure (A)</p> Signup and view all the answers

Who is considered a stakeholder according to the Stakeholder Theory?

<p>Anyone affected by the organization's decisions (D)</p> Signup and view all the answers

What is the main goal of Utilitarianism?

<p>To achieve the greatest benefits for the greatest stakeholders (A)</p> Signup and view all the answers

What is the main concern of the Stakeholder Theory?

<p>Considering the impact of decisions on all stakeholders (C)</p> Signup and view all the answers

What is the main purpose of philosophical ethics in business?

<p>To provide a systematic answer to ethical questions (B)</p> Signup and view all the answers

What is the result of conflicts within stakeholder groups?

<p>Stakeholders' interests must be balanced (A)</p> Signup and view all the answers

What are the three main perspectives that guide ethical judgment in philosophical ethics?

<p>Consequences, Principles, and Personal character (D)</p> Signup and view all the answers

What is the relationship between ethics officers and compliance with legal issues?

<p>Ethics officers focus on ethical decision making, but also deal with compliance with legal issues (C)</p> Signup and view all the answers

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