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WorksheetsBasic Principles Ethics and Business
Total questions: 10
Worksheet time: 5mins
What is ethics?
holding or manifesting high principles for proper conduct
a set of principles that contains behavioral codes to determine what is right or wrong
the state or fact of having a duty to deal with something or of having control over someone
the quality of being honest and having strong moral principles
Business ethics is about...
the application of ethical values to business behavior
the application of ethical values at home
the application of ethical values at school
the application of ethical values to individual
Why it is necessary to manage businesses ethically?
To keep existing customers
To attract new customers
To reduce employee turnover
All of these
Which of the following are the example of unethical business practices?
Follow rules and regulations
Emphasize honesty in workplace
Respect for Intellectual Property
Misusing company time
We learn and adapt to the ethics and moral principles through our...
upbringing
socialization
all of these
experiences
A system of moral principles or rules of conduct relating to human behavior.
Reputation
Ethical dilemmas
Code of Ethics
Integrity
What is a benefit of good business ethics?
Good word of mouth from customers.
High turnover rate
Increase in demand
Increase in supply
What is a consequence of treating workers unfairly?
Low turnover
Low morale
Low profits
Low production
Who is responsible for ethics in an organization?
Employees
Senior Management
HR
All of these
A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
bribery
crisis
Indictment
ethical Issue
