stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Business Ethics Flashcards | StudBud
Explore
/
Business Ethics
Business Ethics
23 terms
·
StudBud Administration
·
5,052 plays
Review for business law test #1.
Flashcards
23 cards
F
Practice quiz
P
Host live
L
Questions
23
Answers
1
What is the difference between morals and ethics?
Ethics=study of right & wrong, Morals=doing of right & wrong
Morals=study of right & wrong, Ethics=doing of right & wrong
Morals are more important in life
Ethics are more important in life
2
The belief that since there are laws that cover right and wrong, ethics don´t matter is called:
Logical reasoning
Legalism
Relativism
Common sense
3
Define code of ethics in business
All of the above
Outline values of the business or organization
Identify how employees are supposed to approach problems
Standard to which professionals in an organization are held
4
________ __ _____ refers to social expectations of people´s moral behavior.
Standard of behavior
Standard of morality
Expectations of behavior
Standard of ethics
5
Did yall think I would actually make this quiz?
No
Yes
6
Who should make sure staff follow ethical guidelines?
HR
Managers
Employees
All of the above
7
The theory that what is right is determined by what society says is right is called:
Societal law
Moral code
Ethical Relativism
Standards of society
8
Moral principles that govern a person's behavior or the conducting of an activity are called
Virtues
Moral Codes
Ethics
Business laws
9
How does a business succeed without ethics?
They focus more on their products instead
They don´t
They improve their customer services
They hire more employees
10
Ideas that act as guides for behaving ethically are:
Moral principles
Virtues
Principles of Honesty
Ethical Principles
11
What is an example of an ethics issue?
Not stealing
Cheating
Helping others
Being honest
12
The most fundamental or essential ethical issues a business must face are
People
Money
Integrity/trust
Customers
13
What is it called when ethics and law overlap?
Ethical law
Yellow area
Greyson´s law
Grey area
14
Duty oriented, rights oriented, goal oriented, intuitionist theories are _______ ________
Oriental Theories
Virtual Business Theories
Ethical Theories
Courtroom Theories
15
An example of an un-ethical company is:
Chickfila
Pacsun
Enron
Fenty beauty
16
Is it considered stealing when you take extra napkins from a restaurant?
No
Yes
17
Which of these is unethical practice at a company?
Not having a vending machine
Not having carpet on all the floors
Neglecting to comply with the health and safety standards
Not allowing social use of internet during work
18
If you are an employer you can fire an employee that lies on their resume
True
False
19
Which is not a reason a business engages in business ethics?
To enhance global relationships
To keep their clients trust
To enhance stakeholder relationships
To build corporate reputation
20
True or False: You should ALWAYS be honest on your resume
False
True
21
What is the most important step in any decision making process?
Define the situation
Discuss the situation with friends
Figure out your choices
Eliminate the worst choices
22
Why is it important for businesses to maintain good ethics?
Increases customer´s trust in the company
Attract customers to the firm’s products boosting sales
It helps uphold company reputation
All of the above
23
Why is it important to have ethics?
A and D
They concern an individuals moral judgement on right & wrong
They guide you to success
They control your choices and your life
