BUSN # ch2

The study of right and wrong and of morality of the choices individuals make An ethical decision is one that is “right” according to some standard of behavior

• issues

• Ethics

• Business ethics

• Ethical Issues

The application of moral standards to business situations

• Social factor

• Code of ethics

• Organizational relationships

• Business ethics

are fairness and honesty from Ethical Issues ?

• yes

• no

Businesspeople are expected to refrain from knowingly deceiving, misrepresenting, or intimidating others

• Fairness and honesty

• Organizational relationships

• Conflict of interest

• Communications

A businessperson should put the welfare of others and that of the organization above his or her own personal welfare

• Organizational relationships

• Communications

• Conflict of interest

• Fairness and honesty

Issues arise when a businessperson takes advantage of a situation for personal gain rather than for the employer’s interest

• Organizational relationships

• Communications

• Conflict of interest

• Fairness and honesty

Business communications that are false, misleading, or deceptive are both illegal and unethical

• Ethics

• Fairness and honesty

• Individual factors

• Communications

select all the correct answer

Factors Affecting Ethical Behavior

• Individual factors

• Social factors

• Opportunity

• Factors Affect

- Individual knowledge of an issue
- Personal values
- Personal goals
Which option does it include?

• Individual factors

• Social factors

• External to specific organization

• Opportunity

Is the sentence correct or not?
the External to a specific organization

1- Governmental legislation and regulations

2- Trade association guidelines

• true

• false