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