Ethics in Business and Social Responsibility

Decisions made by groups of people or individuals are influenced by the culture of the company.

• True

• False

Business ethics refers to the principles and stantards that detemine the profitability of a company.

• True

• False

An acceptable moral conduct in business is...

• Doing what's wrong

• Doing what's right

• Trying to earn as much money as possible

• Making decisions

Social responsability is an ethical framework that suggests an entity has an oblication to act for the benefit of society.

• True

• False

Social responsability is an ethical framework that suggests an entity has an oblication to act for the benefit of society.

• True

• False

Well-paid labour is an example of unethical behaviour in a company.

• True

• False

Write an example of a company with unethical practises from the video.

(a)  

Write an example of a company with unethical practises from the video.

(a)  

Wthich one is NOT mentioned in the video: Social responsibility contributes to sustainable development through...

• Economic benefits

• Health benefits

• Social benefits

• Environmental benefits

Good practises bring forth a positive image to the public and profitability.

• True

• False