Podcast
Questions and Answers
What impact would paying fair living wages and benefits to employees have?
What impact would paying fair living wages and benefits to employees have?
How would underpaying employees affect their social well-being?
How would underpaying employees affect their social well-being?
What is the likely consequence of providing inadequate wages to employees?
What is the likely consequence of providing inadequate wages to employees?
How does offering fair wages benefit the company?
How does offering fair wages benefit the company?
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What could be a consequence of not providing benefits to employees?
What could be a consequence of not providing benefits to employees?
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Study Notes
Business Ethics
- Respect for human rights, particularly those of minorities, is essential.
Transparency and Accountability
- Financial statements must contain accurate and complete disclosure.
Trustworthiness and Promise Keeping
- Be worthy of trust by keeping promises and fulfilling commitments.
- Abide by the spirit and letter of an agreement.
Ethical Decision-Making
- Not all legal actions are ethical.
- What is legal may not necessarily be ethical in certain situations.
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Description
Test your knowledge on being worthy of trust, keeping promises, fulfilling commitments, and abiding by agreements both in spirit and letter.
