FBLA business ethics

Front

What are business ethics guided by?

Back

Mostly by law, other times provide a basic framework that businesses may choose to follow in order to gain public approval

Front

How do we prevent unethical behavior?

Back

Set realistic goals for employees.

Front

What happens if employees are expected to meet unreachable goals?

Back

They could engage in unethical behavior to reach those goals

Front

How does an ethical business demonstrate respect to its customers?

Back

By listening to feedback and assessing needs.

Front

A lack of ethics has a negative effect in employee performance. In some cases, employees are so concerned with getting ahead and making money that they ignore procedures and protocol

Back

Employee performance

Front

Actions for which a person or group of people can be held responsible for, either rewarded or liable for?

Back

Social responsibility

Front

How does an ethical demonstrate respect to its employees?

Back

By valuing opinions and treating each employee as an equal

Front

How does an ethical business demonstrate respect to its vendors?

Back

By paying on time and utilizing fair buying practices

Front

Solid relationships that are equally beneficial and both party’s reap the benefits. An ethical business stays loyal to it’s partnership even in challenging times.

Back

Loyalty

Front

What happens to untrained employees?

Back

Consistently cuts corners and makes excuses for not completing work up to the standards the business requires.