Podcast
Questions and Answers
What is the primary desire of stockholders according to the stakeholder map?
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?
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?
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?
What is personal responsibility in an organizational context?
What is a reason for paying attention to business ethics?
What is a reason for paying attention to business ethics?
What is a type of responsibility that involves an individual's commitment to carrying out job tasks?
What is a type of responsibility that involves an individual's commitment to carrying out job tasks?
What is social responsibility in the context of an organization?
What is social responsibility in the context of an organization?
What do ethics suggest?
What do ethics suggest?
What is the difference between legal and ethical responsibilities?
What is the difference between legal and ethical responsibilities?
What is the focus of business ethics?
What is the focus of business ethics?
What is an example of unethical behavior in the workplace?
What is an example of unethical behavior in the workplace?
Who is considered a stakeholder according to the Stakeholder Theory?
Who is considered a stakeholder according to the Stakeholder Theory?
What is the main goal of Utilitarianism?
What is the main goal of Utilitarianism?
What is the main concern of the Stakeholder Theory?
What is the main concern of the Stakeholder Theory?
What is the main purpose of philosophical ethics in business?
What is the main purpose of philosophical ethics in business?
What is the result of conflicts within stakeholder groups?
What is the result of conflicts within stakeholder groups?
What are the three main perspectives that guide ethical judgment in philosophical ethics?
What are the three main perspectives that guide ethical judgment in philosophical ethics?
What is the relationship between ethics officers and compliance with legal issues?
What is the relationship between ethics officers and compliance with legal issues?