Ethical Business

What was Patagonia’s slogan?

• Buy More, Save More

• Recycle and Renew

• Buy Less, Demand More

• Eco-Friendly First

What is the main goal of ethical business?

• To sell products quickly

• To reduce advertising costs

• Only to increase profit

• To protect the environment and fulfill social responsibility

Which principle does ethical business follow?

• Reducing environmental impact

• Bypassing laws for profit

• Reducing product quality

• Criticizing competitors

Which of the following is a characteristic of ethical business?

• Excessive advertising

• Misleading product information

• Deceiving customers for profit

• Following regulations and being responsible

Which term means quality of being trusted and reliable?

• Discrimination

• Generosity

• Credibility

• Greed

What is the main principle of ethical business?

• Using confidential information for profit

• Protecting personal data

• Hiding product defects

• Disclosing competitor’s secrets

If a company wants to use personal data in marketing, what ethical issue arises?

• Breach of customer privacy

• Violation of the laws

• Decrease in sales

• Lower product quality

If a new product has a minor issue but doesn’t cause major harm, what should the company do?

• Remain silent about this

• Recall the product

• Ignore it for profit

• Disclose the issue and offer solutions

An unfair opinion or judgment without reason or experience is …

Moral principles that govern a person's or company's behavior is …