Ch. 4 MGMT Review

What are the benefits of a company being known as ethical?

• Impact on competitiveness
• Enhances reputation
• Value added
• All of these

What question (s) should you ask yourself whenever you are faced with an ethical dilemma?

• Is it legal
• Is it balanced/fair
• Is it right
• All of these

Moral principles by which people conduct themselves personally, socially, and professionally. 

• integrity
• ethics
• code of conduct
• social responsibility

Rules based on moral principles about how businesses and employees ought to conduct themselves. 

• Guidelines
• Employee Handbook
• Laws
• Business Ethics

A set of guidelines for maintaining ethics in the workplace. 

• Code of Ethics
• Code of Conduct
• Integrity
• Code of Honor

This law requires that men and women be payed equal wages for equal work. 

• Equal Pay Act
• Equality in Wages Act
• Equality for All Act
• Pay Equality Act

Problems involving conflict between moral imperatives.

• Ethical dilemmas
• Honesty
• Reputation
• Scruples

Lacking moral principles.

• Ethical Dilemmas
• Unethical
• Values
• Reputation

The beliefs, qualities, or standards that you consider important or desirable.

• Honesty
• Trust
• Code of Ethics
• Values

Employees need only obey written work rules.

• True
• False