BUSN 5000 PRACTICE SCRIPT 2026 TESTED
SOLUTIONS GRADED A+
⩥ Ethics.
Answer: are beliefs about what's right and wrong or good and bad. An
individual's values and morals, plus the social context in which his or
her behavior occurs, determine whether behavior is regarded as ethical
or unethical.
⩥ ethical behavior.
Answer: is behavior that conforms to individual beliefs and social norms
about what's right and good.
⩥ unethical behavior.
Answer: is behavior that conforms to individual beliefs and social norms
about what is defined as wrong and bad.
⩥ Business Ethics.
Answer: is a term often used to refer to ethical or unethical behaviors by
employees and managers in the context of their jobs.
⩥ Managerial Ethics.
, Answer: are the standards of behavior that guide individual managers in
their work.
⩥ Three Categories of managerial ethics.
Answer: Behavior Towards Employees, Towards Organization and
towards other economic agents
⩥ So how can we decide whether a particular action or decision is
ethical?.
Answer: 1. Gather the relevant factual information.
2. Analyze the facts to determine the most appropriate moral values.
3. Make an ethical judgment based on the rightness or wrongness of the
proposed activity or policy.
⩥ 4 ethics norms.
Answer: 1.Utility. Does a particular act optimize the benefits to those
who are affected by it? (That is, do all relevant parties receive "fair"
benefits?)
2. Rights. Does it respect the rights of all individuals involved?
3. Justice. Is it consistent with what's fair?
4.Caring. Is it consistent with people's responsibilities to each other?
⩥ Two of the most common approaches to formalizing top management
commitment to ethical business practices are.
SOLUTIONS GRADED A+
⩥ Ethics.
Answer: are beliefs about what's right and wrong or good and bad. An
individual's values and morals, plus the social context in which his or
her behavior occurs, determine whether behavior is regarded as ethical
or unethical.
⩥ ethical behavior.
Answer: is behavior that conforms to individual beliefs and social norms
about what's right and good.
⩥ unethical behavior.
Answer: is behavior that conforms to individual beliefs and social norms
about what is defined as wrong and bad.
⩥ Business Ethics.
Answer: is a term often used to refer to ethical or unethical behaviors by
employees and managers in the context of their jobs.
⩥ Managerial Ethics.
, Answer: are the standards of behavior that guide individual managers in
their work.
⩥ Three Categories of managerial ethics.
Answer: Behavior Towards Employees, Towards Organization and
towards other economic agents
⩥ So how can we decide whether a particular action or decision is
ethical?.
Answer: 1. Gather the relevant factual information.
2. Analyze the facts to determine the most appropriate moral values.
3. Make an ethical judgment based on the rightness or wrongness of the
proposed activity or policy.
⩥ 4 ethics norms.
Answer: 1.Utility. Does a particular act optimize the benefits to those
who are affected by it? (That is, do all relevant parties receive "fair"
benefits?)
2. Rights. Does it respect the rights of all individuals involved?
3. Justice. Is it consistent with what's fair?
4.Caring. Is it consistent with people's responsibilities to each other?
⩥ Two of the most common approaches to formalizing top management
commitment to ethical business practices are.
