Business Ethics and Social Responsibility

Business Ethics and Social Responsibility

Assessment

Interactive Video

Business, Moral Science, Social Studies

9th - 12th Grade

Hard

Created by

Patricia Brown

FREE Resource

The video explores business ethics and social responsibility, defining business ethics as moral principles guiding ethical behavior in business. It emphasizes the importance of integrity, honesty, and respect for stakeholders. Social responsibility extends beyond ethics, focusing on businesses' broader societal obligations, including environmental responsibility and community engagement. The video contrasts the shareholder model, which prioritizes profit, with the stakeholder model, which considers the impact on all stakeholders. The shift from shareholder to stakeholder models reflects society's evolving expectations of businesses.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main concepts discussed in the introduction of the video?

Business Ethics and Corporate Governance

Corporate Social Responsibility and Environmental Ethics

Business Ethics and Social Responsibility

Corporate Governance and Social Responsibility

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes business ethics?

A set of rules for financial success

Moral principles guiding ethical behavior in business

Strategies for increasing market share

Techniques for reducing operational costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key aspect of social responsibility discussed in the video?

Maximizing shareholder profits

Minimizing environmental impact

Increasing employee salaries

Expanding market reach

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do business ethics and social responsibility relate to each other?

They are unrelated concepts

Social responsibility is a subset of business ethics

Business ethics is a subset of social responsibility

They complement each other in responsible decision-making

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the benefits of embracing business ethics and social responsibility?

Increased operational costs

Enhanced reputation and trust

Decreased market competition

Reduced employee engagement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the focus of the shareholder model of social responsibility?

Generating profit for shareholders

Maximizing community engagement

Enhancing employee satisfaction

Reducing environmental impact

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economist popularized the shareholder model of social responsibility?

Milton Friedman

John Maynard Keynes

Adam Smith

Paul Samuelson

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