Ethics in Business Review Questions

set of standards of conduct that guide decisions and actions based on duties derived from core values

• Stakeholders

• Ethics

• Embezzlement

• Code of Ethics

action guided by a set of principles of morality

• Stakeholders

• Ethics

• Ethical Behavior

• Code of Ethics

conduct in accordance with what a person determines is right versus wrong

• Stakeholders

• Moral Behavior

• Embezzlement

• Code of Ethics

conduct based on or authorized by law, which is established by society to maintain order and protect people and properties from harm

• Stakeholders

• Moral Behavior

• Legal Behavior

• Code of Ethics

an entrusted person converts other’s assets or properties for his or her own use

• Stakeholders

• Moral Behavior

• Embezzlement

• Code of Ethics

complex situation in which people have difficulty choosing between a moral or an immoral act

• Stakeholders

• Ethical Delemma

• Embezzlement

• Code of Ethics

set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values

• Stakeholders

• Ethical Delemma

• Embezzlement

• Code of Ethics

duties and obligations of businesses which contribute to the well-being of society

• Business Social Responsibility

• Ethical Delemma

• Embezzlement

• Code of Ethics

all the parties which interact with the business

• Stakeholders

• Ethical Delemma

• Embezzlement

• Code of Ethics

an organization's financial statement containing untrue data which is used to mislead

• False Financial Statement

• Ethical Delemma

• Embezzlement

• Code of Ethics