Chapter 5

Ethics Is _____

• A conception of right

  and wrong conduct

• Useless in business

• Proper conduct in the work place

• Strict guidelines to follow

Which of the following is an ethical problem in business?

• Conflicts of interest

• Following EPA guidelines

• Copyrighting company property

• Paying taxes

Which one is an ethical business practice?

• A ceo giving himself a bonus

• Creating a non-diverse workforce

• Protecting Consumers data

• Firing an employee before their pension hits

Answer explanation

Businesses have responsibilities to their employees, their clients or customers and their board of directors.

What is a reason for a business to be ethical

• To enhance business performance

• To comply with legal requirements

• To meet demands of stake holders

• All of the above

Spirituality in the workplace is unethical

• True

• False

What is a method of ethical reasoning

• Virtues

• Rights

• Justice

• Utilitarian

Plato, Aristotle and Ben Franklin were all pioneers in developing ethics and moral virtues

• True

• False

Jenifer Woodly stealing funds from make a wish is an example of

• A good boss and ceo

• A high moral intensity issue

• Smart business practices

• Upholding stakeholders expectations