WGU - D072 - Fundamentals for Success in
Business Pre-Assessment Complete 70 Prep
Questions with 100% Correct Answers
Graded A
What are VALUES? - answer The core beliefs that guide decisions and
behavior, helping individuals distinguish right from wrong.
What are MORALS? - answer Specific rules derived from core values
that guide our actions. Shared values within a community.
What are ETHICS? - answer Guidelines, often referred to as code of
conduct, that organizations use to shape behavior based on shared
values.
What is a Code of Conduct? - answer A set of guidelines and standards
that outline the expected behavior, ethical practices, and
responsibilities of individuals within an organization, ensuring
consistency, professionalism, and integrity in their action.
What are some traits of businesses that utilize Organizational Ethics? -
answer Better reputation, stronger customer loyalty, stakeholder trust,
often lead the way in making the world a better place.
,What are the 4 main levels of ethical issues within organizations? -
answer 1.) Societal Issues (environmental)
2.) Stakeholder Issues (policies that affect customers, employees,
suppliers, and people within the community)
3.) Internal Policy Issues (the relationship between the company and its
employees)
4.) Personal Issues (interactions between people within the
organization. Gossip)
What's the relationship between laws and personal ethics? - answer For
issues that law doesn't cover, sometimes personal ethics can fill the
void.
What are STAKEHOLDERS? - answer Individuals or groups affected by a
decision, such as employees, customers, investors, and the community.
What are some traits of businesses with questionable ethics? - answer
Dwindling customer bases, employee turnover, investor mistrust, fines
and lawsuits.
What is the Ethics and Compliance Initiative (ECI)? - answer It suggest
that the ethical tone of a business is set by the organizational
leadership.
, Where to ethics and integrity tend to start (or fail)? - answer At the top
and then it "trickles" down.
What happens if executives set unrealistic goals and failure carries
severe personal consequences? - answer Employees may feel pressured
to compromise ethical standards.
What does CSR stand for? - answer Corporate Social Responsibility
What is the purpose of CSR? - answer Focuses on showing how
businesses can positively impact society through activities like charity
work, volunteering, environmental projects, and humanitarian efforts.
Businesses show CSR even if the ethical solution might also generate a
loss for the organization.
Who does CSR more benefit? - answer Stakeholders with less influence,
like people living near corporate offices or factories.
What are CSOs? - answer Chief Officers of Corporate Social
Responsibility/Chief Sustainability Officers.
Executives that manage efforts to make a profit while also benefiting
society.
Business Pre-Assessment Complete 70 Prep
Questions with 100% Correct Answers
Graded A
What are VALUES? - answer The core beliefs that guide decisions and
behavior, helping individuals distinguish right from wrong.
What are MORALS? - answer Specific rules derived from core values
that guide our actions. Shared values within a community.
What are ETHICS? - answer Guidelines, often referred to as code of
conduct, that organizations use to shape behavior based on shared
values.
What is a Code of Conduct? - answer A set of guidelines and standards
that outline the expected behavior, ethical practices, and
responsibilities of individuals within an organization, ensuring
consistency, professionalism, and integrity in their action.
What are some traits of businesses that utilize Organizational Ethics? -
answer Better reputation, stronger customer loyalty, stakeholder trust,
often lead the way in making the world a better place.
,What are the 4 main levels of ethical issues within organizations? -
answer 1.) Societal Issues (environmental)
2.) Stakeholder Issues (policies that affect customers, employees,
suppliers, and people within the community)
3.) Internal Policy Issues (the relationship between the company and its
employees)
4.) Personal Issues (interactions between people within the
organization. Gossip)
What's the relationship between laws and personal ethics? - answer For
issues that law doesn't cover, sometimes personal ethics can fill the
void.
What are STAKEHOLDERS? - answer Individuals or groups affected by a
decision, such as employees, customers, investors, and the community.
What are some traits of businesses with questionable ethics? - answer
Dwindling customer bases, employee turnover, investor mistrust, fines
and lawsuits.
What is the Ethics and Compliance Initiative (ECI)? - answer It suggest
that the ethical tone of a business is set by the organizational
leadership.
, Where to ethics and integrity tend to start (or fail)? - answer At the top
and then it "trickles" down.
What happens if executives set unrealistic goals and failure carries
severe personal consequences? - answer Employees may feel pressured
to compromise ethical standards.
What does CSR stand for? - answer Corporate Social Responsibility
What is the purpose of CSR? - answer Focuses on showing how
businesses can positively impact society through activities like charity
work, volunteering, environmental projects, and humanitarian efforts.
Businesses show CSR even if the ethical solution might also generate a
loss for the organization.
Who does CSR more benefit? - answer Stakeholders with less influence,
like people living near corporate offices or factories.
What are CSOs? - answer Chief Officers of Corporate Social
Responsibility/Chief Sustainability Officers.
Executives that manage efforts to make a profit while also benefiting
society.
