Business Ethics

The principal goal of​ ___________ managers is to earn a​ profit, but they fail to consider the impact that their decisions have on others.​ Instead, they make​ free-rein decisions without reference to ethical standards.

• socially responsible

• immoral

• amoral

• ethical

• moral

Which of the following statements is false​?

• A company cannot earn a healthy profit and maintain high ethical standards at the same time.

• Companies that pursue a triple bottom line measure their performances using traditional measures of profitability and well as their commitment to ethics and social responsibility.

• Ethical companies find hiring and retaining quality employees easier than companies that operate unethically.

• People have a higher level of trust in small businesses than they do in big businesses.

• The mere fact that a company maintains high ethical standards can provide value to its customer base.

​_____ percent of workers in the United States say that they have felt pressure within their companies to compromise ethical standards.

• 66

• 33

• 44

• 22

• 77

The principal cause of ethical lapses​ is:

• employees who fear losing their jobs if the business does not meet its goals.

• employees who do not take the​ company's code of conduct seriously.

• employees who believe they will be rewarded for results and not the means used to achieve them.

• employees who feel pressure to do whatever it takes to meet business targets.

• lack of resources to get the job done without taking shortcuts.

2.2Determine who is responsible for ethical behavior and why ethical lapses occur.

Question 4, Study Plan 2.2.1

0 correct

Points: 0 of 1

​________ percent of employees say that they have observed ethical lapses in their companies within the last year.

• 70

• 50

• 20

• 90

• 30

Which of the following is a cause of ethical lapses in​ business?

• competitive pressures

• Globalization of business.

• An unethical employee

• An unethical organizational culture

• All of these are correct.

True or False?

Marketing involves encouraging people to buy a product or service.

• True

• False

True or False?

Marketing includes advertising, selling, and delivering products to consumers.

• True

• False

Marketing that utilizes Internet and online based technologies is known as ...

• Relationship Marketing

• Traditional Marketing

• Digital Marketing

• Cause Marketing

A marketing .............. refers to a business's overall plan for reaching prospective consumers.

• price

• promotion

• strategy

• place