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Ethics in Business (Vocab) icev

Total questions: 10

Worksheet time: 9mins

Name
Class
Date
1.

All the parties which interact with the business

a)

customers

b)

stakeholders

c)

owners

d)

patrons

2.

Set of standards of conduct that guide decisions and actions based on duties derived from core values

a)

morals

b)

code of conduct

c)

ethics

d)

conscience

3.

Duties and obligations of businesses which contribute to the well-being of society

a)

ethical behavior

b)

legal behavior

c)

business behavior

d)

business social responsibility

4.

Action guided by a set of principles of morality

a)

ethical behavior

b)

legal behavior

c)

business behavior

d)

business social responsibility

5.

Conduct based on or authorized by law, which is established by society to maintain order and protect people and properties from harm

a)

ethical behavior

b)

legal behavior

c)

business behavior

d)

moral behavior

6.

Conduct in accordance with what a person determines is right versus wrong

a)

code of ethics

b)

legal behavior

c)

business behavior

d)

moral behavior

7.

Set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values

a)

code of ethics

b)

legal ethics

c)

business ethics

d)

moral ethics

8.

Complex situation in which people have difficulty choosing between a moral or an immoral act

a)

business dilemma

b)

ethical dilemma

c)

legal dilemma

d)

moral dilemma

9.

An organization's financial statement containing untrue data which is used to mislead

a)

tabloid statement

b)

false financial statement

c)

bank statement

d)

stock statement

10.

An entrusted person converts assets or properties for his or her own use

a)

fraud

b)

misleading

c)

theft

d)

embezzlement