Business Ethics Test Review

What are business ethics?

• Professional standards of conduct based on moral principles and values

• Legal choices made according to law

• Unethical choices made based on personal gain

• Illegal choices made for the benefit of the company

Which of the following is an example of an unethical business practice?

• Treating employees fairly and with respect

• Maintaining accurate records

• Using company property for personal use with permission

• Discriminating against certain employees

What are some reasons for unethical business practices?

• Adequate training and explanation of company policy

• Desire to succeed and advance career

• Realistic earning expectations set by upper management

• High employee morale and loyalty

What are the effects of unethical business practices on employees?

• Decrease in profits and drop in stock value

• Increase in loyalty and faith in the company

• Decrease in employee morale and job satisfaction

• Increase in retirement benefits based on stock

What is confidentiality in the workplace?

• When information is available and disclosed to unauthorized individuals

• When information is kept secret and not shared with anyone

• When information is shared with authorized individuals only

• When information is shared with all employees in the company

What are workplace politics?

• Games played to achieve status, advancement, and money

• Unavoidable conflicts between colleagues

• Ethical practices followed in the workplace

• Company policies and procedures

How should workplace politics be dealt with?

• By ignoring moral principles and values

• By remembering and abiding by moral principles and values

• By breaking company policies to gain an advantage

• By engaging in unethical behavior for personal gain

What is the first step in the ethical decision-making process?

• Evaluating your decision

• Listing all alternatives and consequences

• Defining the problem

• Acting on your decision

What are some technology advances in the workplace that raise ethical issues?

• E-mail and internet networks

• Telecommuting and cellular phones

• Robots and e-commerce

• All of the above

Which legislative act prohibits employment discrimination based on color, religion, sex, and national origin?

• The Fair Labor Standards Act of 1938

• The Age Discrimination in Employment Act of 1967

• The Equal Pay Act of 1963

• Title VII of the Civil Rights Act of 1964