Business DE Unit 2: Ethics Quiz

The components of CSR are ____, meaning one CANNOT exist without the other.

The four components of CSR in bottom to top order are?

• Dependent;

  Economic, legal, ethical, philanthropic

• Dependent;

  Ethical, legal, economic, philanthropic

• Independent;

  Philanthropic, ethical, legal, economic

• Independent;

  Economic, ethical, legal, philanthropic

What are ethics? Explain why are ethics important and how do they play into business?

(3 sentence minimum)

What is the code of ethics?

• A set of guidelines that provides employees with the knowledge of what is expected of them towards their work and peers.

• The ways in which a company gives back to its community or promotes the welfare of others.

• A set of moral standards for judging whether something is right or wrong.

• Individuals/groups to whom a business has a responsibility to: employees, customers, and suppliers.

Explain the 4 components of CSR and provide an example of each. Explain how components contribute to the legality and responsibilities.

(5 sentence minimum)

Which ethical philosophy emphasizes the greatest good for the greatest number of people?

• Deontology

• Utilitarianism

• CSR

• Justice

Name the 4 types of stakeholders in business. Explain the responsibilities that a business has towards each kind of stakeholder.

(5 sentence minimum)

Under the guise of implementing a new data protection policy, a company begins to collect consumer data to use and sell for their own merits.

What philosophy does this go against? What kind of corporate behavior did the company exhibit and how may this affect their business?

(5 sentence minimum)

(HINT: corporate behavior is a combination of responsible /irresponsible and legal/illegal)

What is corporate philanthropy?

• The idea that a company should uphold their responsibility to the general public.

• The ways in which a company can self-serve it's employees and stakeholders

• The ways in which a company gives back to its community or promotes the welfare of others.

• The idea that a company cannot deny or go against an individual's rights.

Name the 4 philosophies

• Deontology, individual rights, justice, utilitarianism

• Deontology, individual rights, justice, utopianism

• Ethics, equity, objective, subjective

• CSR, economic, philanthropy, morals

What is a key ethical concern associated with using surveillance technology to prevent crime?

• Ensuring the technology is cost-effective

• Increasing technological innovation

• Maintaining transparency in government operations

• Balancing public safety with individual privacy