ETHICS & ORGANIZATION

Business Ethics involves the application of standards of moral behavior to business situations

• TRUE

• FALSE

An Oxomoron is the combination of two facts that mirror and support each other

• TRUE

• FALSE

Unethical corporate behavior could impact a community negatively if it were lead to an economic decline

• TRUE

• FLASE

A company's code of ethics comprises written standards of moral behavior that are design to guide managers and employees making decisions and choices they face every day

• TRUE

• FALSE

A_____________________ is defined as someone with a share interrest in a business enterprise

• stakeholders

• moderator

• mediator

• crossholdler

Ehich of the following is true of stakeholders

• Not every stakeholders is relevant in every business situations

• The skaeholder of an organization are not affected by its unethical behavior

• The cancellation of an organization's dividends has no impacts upon stakeholders

• Creditors are not considered the stakeholders of an organization

Business Ethics

• involve applying ethical and moral standards to business behavior

• Should be apply as separate set of moral standards from general ethics

• Deal exclusively with ethical behavior of stakeholders and shareholders

• can by understood from two perspectives-preventative and prohibitive

Business ethics should be applied as a separate set of moral standards or ethical concepts from general ethics

• TRUE

• FALSE

The interest of creditors in an organization focus specifically on the emplyment of local residents and the safety of the work environment.

• TRUE

• FALSE

Unethical corporate behavior does not impact a company's stakeholders

• TRUE

• FALSE