Which is not a reason a business engages in business ethics?

To enhance global relationships

Which of these is unethical practice at a company?

Neglecting to comply with the health and safety standards

What is the difference between morals and ethics?

Ethics=study of right & wrong, Morals=doing of right & wrong

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Duplicate of Business Ethics

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Review for business law test #1.

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Questions 22

Answers

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

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