FSE 2202 BUSINESS MANAGEMENT CHAPTER 4 STUDY GUIDE
QUESTIONS AND ANSWERS VERIFIED
Define Ethics
Standards of moral behavior that is behavior accepted by society as right versus wrong
Is being ethical the same as being legal?
No; Many Americans decided situationally whether its ok to steal, lie or drink and drive
What are three questions you can ask yourself to determine the solution to an
ethical dilemma?
•Is my proposed action legal
•Is it balanced
•How will it make me feel about myself?
Is ethics a strictly personal matter?
•Individuals do not usually act alone; They need implied, if not the direct cooperation of
others to behave unethically
Differentiate between compliance based and integrity based ethics codes
•Compliance based ethics codes
- Ethical standards that emphasize preventing unlawful behavior by increasing control
and by penalizing wrongdoers
•Integrity based ethics codes
- Ethical standards that define the organizations guiding values, create an environment
that supports ethically sound behavior and stress a shared accuntability among
employees
QUESTIONS AND ANSWERS VERIFIED
Define Ethics
Standards of moral behavior that is behavior accepted by society as right versus wrong
Is being ethical the same as being legal?
No; Many Americans decided situationally whether its ok to steal, lie or drink and drive
What are three questions you can ask yourself to determine the solution to an
ethical dilemma?
•Is my proposed action legal
•Is it balanced
•How will it make me feel about myself?
Is ethics a strictly personal matter?
•Individuals do not usually act alone; They need implied, if not the direct cooperation of
others to behave unethically
Differentiate between compliance based and integrity based ethics codes
•Compliance based ethics codes
- Ethical standards that emphasize preventing unlawful behavior by increasing control
and by penalizing wrongdoers
•Integrity based ethics codes
- Ethical standards that define the organizations guiding values, create an environment
that supports ethically sound behavior and stress a shared accuntability among
employees
