Business Ethics

A system of moral principles or rules of conduct relating to human behavior.

• Ethical dilemmas

• Reputation

• Guilt

• Code of Ethics

Problems involving conflict between moral imperatives.

• Ethical dilemmas

• Reputation

• Honesty

• Scruples

A feeling of responsibility or remorse for committing a wrong.

• Role Model

• Guilt

• Honesty

• Trust

Truthfulness, sincerity, or frankness.

• Values

• Honesty

• Trust

• Code of Ethics

A person whose behavior, example, or success is emulated by others, especially by younger people.

• Scruples

• Ethical Dilemmas

• Role Model

• Reputation

Lacking moral principles.

• Ethical Dilemmas

• Values

• Unethical

• Reputation

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

• Honesty

• Loyalty

• Trust

• Values

Mark figured out his teacher's password to unlock her electronic grade-book. What is the ethically correct thing for him to do?

• Tell the teacher so she may change it.

• Use the password to change his grades

• Give the password to all the other students.

• Keep it to himself, if someone else figures out the password it is not his problem

Employees need only obey written work rules.

• True

• False

What is not considered unethical business practice?

• Treating employees unfairly.

• Selling substandard product.

• Training employees right out of school.

• Lying about a price to make a bigger profit.