BE review

Ethics is set of rules, beliefs, values which help to define ............behaviours (3 words).

Factors impact business ethics include...

• personal mindset, local community, laws, organizational culture, nature

• personal mindset, local community, organizational culture, nature

• local community, laws, organizational culture, nature

• personal mindset, local community, laws, organizational culture

Challenges in implementing business ethics can include...

• employee resistance, market competition, strong leadership, clear policies

• employee resistance, lack of training, unclear policies, strong leadership

• employee resistance, lack of training, unclear policies, market competition

• lack of training, unclear policies, market competition, strong leadership

The role of leadership in fostering ethical behavior includes...

• enforcing rules, promoting profit, addressing concerns, setting an example

• setting an example, enforcing rules, promoting ethical culture, addressing concerns

• setting an example, enforcing rules, ignoring issues, promoting profit

• setting an example, promoting profit, ignoring issues, enforcing rules

Business ethics contribute to....

• Employee trust and commitment

• Customer satisfaction

• Reputation and image

• Performance and profits

Key benefits of maintaining strong business ethics include...

• increased profits, reduced costs, employee satisfaction, market share

• increased profits, improved reputation, employee satisfaction, customer loyalty

• improved reputation, customer loyalty, market share, employee turnover

• increased profits, improved reputation, market share, reduced costs

Common ethical dilemmas faced by businesses can include...

• bribery, discrimination, employee treatment

• bribery, employee treatment, profit maximization

• discrimination, profit maximization, customer service

• bribery and customer service

Strategies for promoting ethical behavior in organizations include...

• training programs, clear communication, leadership involvement, reward systems

• training programs, strict penalties, leadership involvement, employee feedback

• reward systems, strict penalties, leadership involvement, clear communication

• training programs, clear communication, reward systems, strict penalties

Corporate social responsibility is the attempt by companies  to meet the ....., ......, ...., and ...... demands of a given society at a particular point in time (Crane & Matten, 2016). (Use comma to separate each word)

Methods for assessing ethical culture in organizations can include...

• interviews, performance metrics, compliance audits, market analysis

• surveys, interviews, performance metrics, compliance audits

• surveys, compliance audits, employee feedback, market analysis

• employee feedback, surveys, performance metrics, compliance audits