Business Ethics

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

What's ethics all about?

• An ethnic minority

• A person who's a bit daft

• Morally correct behavior

• Making lots of money out of customers, bleeding them dry!

In the long run, ethical integrity will keep customers coming back to a business.

• True
• False

An act of an employee exposing an employer’s wrongdoing to outsiders.

• Ethical Issue
• Plagiarism
• Consumerism
• Whistleblowing

A co-worker, Stacy, also runs a small business in her home. Several times a month she collects paper clips, post-it-notes, and other office supplies from the office to take to her home business. What action that Stacy could take represents an ethical decision?

• Stop taking the office supplies home for any reason
• Stop taking the office supplies home except once a month
• Take the office supplies home only if there are plenty of supplies at work
• Take the supplies home as long as they are in open packages

Kathy downloaded a few photos of local organic farms from Flickr.com's Creative Commons (CC). She follows the rules of the photographers' CC licenses and uses them in a digital video about sustainable agriculture. What she has done is legal. 

• True
• False

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

• Guidelines
• Employee Handbook
• Laws
• Business Ethics

Which is NOT a step in the ethical decision making process?

• Identify the ethical problem
• Decide who will be affected
• Select the best alternative
• Choose the worst alternative

Business do not have the responsibility to treat their employees fairly.

• True
• False

Customers associate a socially responsible business with trust and integrity, so they are more comfortable dealing with such a business.

• True
• False