Why Ethics Still Matter

Why Ethics Still Matter

Multiple Choice

What is ethics?

• setting norms for ways one interacts only with coworkers

• someone who is acting empathetic

• standards of behavior for professional and personal lives

• standards of behavior for business only

Multiple Choice

Why do businesses care about ethics?

• to uphold honorable standards of behavior

• to receive status and recognition

• to follow fiduciary duty

• to gain greater wealth and power

Multiple Choice

Which is a characteristic of successful corporate leaders?

• They take a competitive, though not always fair, approach to business.

• They are focused on short-term results.

• They will not take pride in their company unless it is profitable.

• They treat customers fairly.

Multiple Choice

Employees consider whether a company is ethical when selecting potential employers.

• True

• False

Multiple Choice

Most admired companies are typically the least profitable.

• True

• False

Multiple Choice

The prevailing current business philosophy is that the sole purpose of business is to make money for shareholders.

• True

• False