Bus 101 test 2 UAB ACTUAL UPDATED Questions and CORRECT Answers
Terms in this set (57)
Ethics a set of beliefs about right and wrong, good and bad
universal ethical standards ethical norms that apply to all people across a broad spectrum of situations
Business Ethics the application of moral standards to business situations
Legal vs ethical advertising can be legal and not ethical (ie. cigarette advertising)
universal ethical standards trustworthiness, respect, responsibility, fairness, caring, citizenship
Ethics and the individual -Influenced by personal needs, family, culture, religion, and personality traits
-Business leaders who scored high on personal empathy exhibited high levels of
ethical leadership
Ethics and the organization Organizations influence the ethical conduct of employees
Elements of a strong culture Comprise ethics-related actions at all levels of an organization and accountability
for those actions
Establish an ethical culture Involved backing up ethical words with documented practices, processes and
procedures well known around the world
Code of ethics Formal written document that defines the ethical standards of an organization
Steps for Implementation of Code of Ethics -Get executive buy-in and commitment to follow through
-Establish expectations for ethical behavior at all levels of an organization
-Integrate ethics into mandatory staff training
-Ensure that the ethics code is global and local in scope
-Build and maintain a clear, trusted reporting structure for ethical concerns and
violations
-Establish protection for whistle-blowers
-Enforce the code of ethics
Whistleblower employees who report their employer's illegal or unethical behavior to either the
authorities or the media
no contribution Some businesses do not recognize an obligation to society and do only what's
legally required
, Responsive Contributions some businesses choose to respond on a case-by-case basis to market requests
for contributions
Proactive contributions some businesses choose to integrate social responsibility into their strategic
plans, contributing as part of their business goals
Stakeholders Organization has a responsibility toward employees, customers, investors,
community
Consumerism A social movement suggests that consumer rights should be the starting point.
President Kennedy made these rights
President Kennedy's rights of consumerism Right to be safe, right to be informed, right to choose, right to be heard
Terms in this set (57)
Ethics a set of beliefs about right and wrong, good and bad
universal ethical standards ethical norms that apply to all people across a broad spectrum of situations
Business Ethics the application of moral standards to business situations
Legal vs ethical advertising can be legal and not ethical (ie. cigarette advertising)
universal ethical standards trustworthiness, respect, responsibility, fairness, caring, citizenship
Ethics and the individual -Influenced by personal needs, family, culture, religion, and personality traits
-Business leaders who scored high on personal empathy exhibited high levels of
ethical leadership
Ethics and the organization Organizations influence the ethical conduct of employees
Elements of a strong culture Comprise ethics-related actions at all levels of an organization and accountability
for those actions
Establish an ethical culture Involved backing up ethical words with documented practices, processes and
procedures well known around the world
Code of ethics Formal written document that defines the ethical standards of an organization
Steps for Implementation of Code of Ethics -Get executive buy-in and commitment to follow through
-Establish expectations for ethical behavior at all levels of an organization
-Integrate ethics into mandatory staff training
-Ensure that the ethics code is global and local in scope
-Build and maintain a clear, trusted reporting structure for ethical concerns and
violations
-Establish protection for whistle-blowers
-Enforce the code of ethics
Whistleblower employees who report their employer's illegal or unethical behavior to either the
authorities or the media
no contribution Some businesses do not recognize an obligation to society and do only what's
legally required
, Responsive Contributions some businesses choose to respond on a case-by-case basis to market requests
for contributions
Proactive contributions some businesses choose to integrate social responsibility into their strategic
plans, contributing as part of their business goals
Stakeholders Organization has a responsibility toward employees, customers, investors,
community
Consumerism A social movement suggests that consumer rights should be the starting point.
President Kennedy made these rights
President Kennedy's rights of consumerism Right to be safe, right to be informed, right to choose, right to be heard
