BUS 4500 | Palmer | WMU | Mid-Term
Exam Questions And All Correct
Answers.
Why study sustainability? - Answer think deeply about the major ethical, historical, cultural, and
philosophical issues of our day
Focus on present needs, also focus on the well-being of future generations - Answer challenges we face
What are sustainability's three pillars? - Answer Environmental, Economic, Social
What three things are part of the triple bottom line? - Answer Environmental, Economic, Social
an ethical dilemma is any situation... - Answer which guiding moral principles cannot determine which
course of action is right or wrong
the two major approaches to use to handle ethical dilemma are - Answer Practical consequences &
actions
Business ethics is concerned more with ______________ than answers. - Answer reasonings
One of the critical characteristics of successful companies is a careful balance between.... - Answer the
values, interest, goals, and objectives of the organization, and the values of the individuals who work for
it.
Identifying your values will help you to: - Answer 1. Identify the kinds of activities, people, and
environments that you most desire in your work.
2 .Determine which work environments best fit your personal and professional needs and the skills you
would like to develop there.
3. Focus on career objectives that are important to both you and potential employers.
4. Identify the motivators that provide the drive to accomplish the important goals in your life.
, What are morals? - Answer A subset of values which we attribute to a system of beliefs. These values
get their authority from something outside the individual (a religious system, political system)
Business ethics has a heavy emphasis on - Answer individual morality.
A Model for Ethical Decision Making asks which questions? - Answer 1. What are the facts?
2. Who is affected? How?
3. What are the alternative courses of action? Moral imagination
4. How will this decision be judged by others. NYT test
5. Make decision
What is business ethics? - Answer "the study of how personal moral norms (YOU) apply to the activities
and goals (i.e., the behaviors) of commercial enterprise,"
business ethics deals with three basic areas of managerial decision making: - Answer 1. Choices about
what the laws should be and whether to follow them
2. Choices about economic and social issues outside the domain of law
3. Choices about the priority of self-interest over the company's interests
Truly exceptional and enduring companies all place great emphasis on a set of __________________,
enduring tenets, that won't be compromised for ______________________________ - Answer core
values; financial gain or short-term expediency
The word ethics is derived from the Greek word __________, meaning? - Answer ethos, meaning
customary or conventional.
For many people, ethics involves following the..... - Answer beliefs, attitudes, and values that are
customary in their culture
To be ethical is too.... - Answer confirm to what is typically done, to obey the conventions and rules of
one's society and religion
Exam Questions And All Correct
Answers.
Why study sustainability? - Answer think deeply about the major ethical, historical, cultural, and
philosophical issues of our day
Focus on present needs, also focus on the well-being of future generations - Answer challenges we face
What are sustainability's three pillars? - Answer Environmental, Economic, Social
What three things are part of the triple bottom line? - Answer Environmental, Economic, Social
an ethical dilemma is any situation... - Answer which guiding moral principles cannot determine which
course of action is right or wrong
the two major approaches to use to handle ethical dilemma are - Answer Practical consequences &
actions
Business ethics is concerned more with ______________ than answers. - Answer reasonings
One of the critical characteristics of successful companies is a careful balance between.... - Answer the
values, interest, goals, and objectives of the organization, and the values of the individuals who work for
it.
Identifying your values will help you to: - Answer 1. Identify the kinds of activities, people, and
environments that you most desire in your work.
2 .Determine which work environments best fit your personal and professional needs and the skills you
would like to develop there.
3. Focus on career objectives that are important to both you and potential employers.
4. Identify the motivators that provide the drive to accomplish the important goals in your life.
, What are morals? - Answer A subset of values which we attribute to a system of beliefs. These values
get their authority from something outside the individual (a religious system, political system)
Business ethics has a heavy emphasis on - Answer individual morality.
A Model for Ethical Decision Making asks which questions? - Answer 1. What are the facts?
2. Who is affected? How?
3. What are the alternative courses of action? Moral imagination
4. How will this decision be judged by others. NYT test
5. Make decision
What is business ethics? - Answer "the study of how personal moral norms (YOU) apply to the activities
and goals (i.e., the behaviors) of commercial enterprise,"
business ethics deals with three basic areas of managerial decision making: - Answer 1. Choices about
what the laws should be and whether to follow them
2. Choices about economic and social issues outside the domain of law
3. Choices about the priority of self-interest over the company's interests
Truly exceptional and enduring companies all place great emphasis on a set of __________________,
enduring tenets, that won't be compromised for ______________________________ - Answer core
values; financial gain or short-term expediency
The word ethics is derived from the Greek word __________, meaning? - Answer ethos, meaning
customary or conventional.
For many people, ethics involves following the..... - Answer beliefs, attitudes, and values that are
customary in their culture
To be ethical is too.... - Answer confirm to what is typically done, to obey the conventions and rules of
one's society and religion
