MidTerm Study Guide

Which is a way to show transparency?

• XYZ Company makes sure its employees are taken care of.

• XYZ Company ensures that all its products are biodegradable.

• XYZ Company listens to multiple opinions before making a decision.

• . XYZ Company is always upfront about the financial situation of the company.

Tayshaun acts with honesty in all situations. He is demonstrating:

• accountability.

• integrity.

• . respect.

• viability.

When Tori considers taking something that belongs to someone else, which ethical principle could help her recognize that she is facing an ethical dilemma?

• accountability

• integrity

• transparency

• viability

Shayla is not breaking any laws, but her behavior still is unethical. How is this possible?

• Because ethical means doing what is easiest.

• Because doing what is legal can also be considered unethical.

• . Because doing what is easiest is sometimes what is considered unethical.

• Because the ethical thing to do is always what a group or majority is doing.

Which question should one ask himself/herself to determine whether one is facing a true ethical dilemma?

• Is there money at stake?

• Could someone be hurt by the actions?

• Does the action make me look good to others?

• Is my choice based on the most popular option?

Jasmine thinks it is OK to steal a few things from work. Which ethical principle would help her realize that the long-term repercussions of her actions could create an ethical dilemma?

• fairness

• growth

• trustworthiness

• viability

Liam always says “please” and “thank you”. He demonstrates:

• trust.

• respect.

• . integrity.

• rule of law.

Retailing occurs wherever goods are:

• researched and designed.

• created or manufactured.

• traded or exchanged for other goods.

• sold to consumers or the ultimate customer.

All businesses should be socially responsible to whom?

• endorsers

• producers

• providers

• users

A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating:

• e-tailing.

• wholesaling.

• social responsibility.

• voluntary merchandise.