WGU - D072 Questions with complete verified
solutions (graded A+)
Define ethics. - answer Principles that serve as a compass about how to
behave
Provide an example for each of the following:
legal-ethical
legal-unethical
illegal-ethical conflicts - answer legal-ethical: by law in most states it is
illegal to take part in recreational marijuana use; and a judge that is
trying a case about marijuana possession agrees with the law and does
not think its okay to consume marijuana for recreational use.
legal-unethical: cheating on your boyfriend/girlfriend is legal but most
people find it unethical.
illegal-ethical: speeding is illegal but in some cases of an emergency
some people might find it ethical.
Define legal. - answer An act that is allowed or is in conformity with the
law of the land
Define values. - answer Stable life goals that people have that reflect
what is most important to them
,Define morals. - answer Rules people develop as a result of cultural
norms and values and are, traditionally passed down through
generations and characterize a cultural group
Define organizational ethics. - answer Rules, principles, and standards
for deciding what is morally right or wrong when doing business
List the four main levels of ethical issues and provide an example of
each. - answer Societal Issues: an organization holds a fundraiser to
help feed the homeless.
Stakeholder Issues: A company insists on treating suppliers with respect
and refuses to push them to the lowest pricing possible.
Internal Policy Issues: Fairness in management, pay, and employee
participation.
Personal Policy Issues: Gossiping at work or taking credit for another's
work.
How does a company's ethical behavior impact organizational
outcomes? - answer Trustworthy companies are better at attracting and
keeping customers, keeping talented employees, and capitol.
,How does a company's unethical behavior impact organizational
outcomes? - answer They suffer from dwindling customer bases,
employee turnover, and investor mistrust.
Define corporate social responsibility (CSR). - answer Philosophy in
which a company voluntarily engages in actions that benefit society, be
it economically, socially, politically, or environmentally
How is a company's CSR approach shaped? - answer By seeing that their
community is lacking something that they can provide, earning more
profit and reputation
Who is considered a company stakeholder? - answer Unions
employees
consumer
investors
suppliers
local and national governments
communities.
What is the aim of CSR? - answer To increase profits and trust in the
long-term while promoting positive community relations
, What is the purpose of the World Trade Organization (WTO)? - answer
improve the stability and predictability of global trade.
What is a code of ethics? - answer Guide that publicly sets out an
organization's key values and ethical obligations
What is included in a company's code of ethics? - answer details of how
the company plans to implement its values and vision, as well as
guidance for the staff on ethical standards and ways to achieve them.
Having such a policy hopefully leads to greater ethical awareness,
consistency in application, and avoidance of ethical disasters.
Define the term greenwashing. - answer When organizations carry
about CSR missions in an inauthentic way, using them to increase
publicity rather than to spur real change
Define the term internal transparency - answer Degree to which an
organization operates with openness, communication, and
accountability
What steps can organizations take to encourage transparent practices? -
answer operating in such a way that it is easy for others to see the
actions are performed.
solutions (graded A+)
Define ethics. - answer Principles that serve as a compass about how to
behave
Provide an example for each of the following:
legal-ethical
legal-unethical
illegal-ethical conflicts - answer legal-ethical: by law in most states it is
illegal to take part in recreational marijuana use; and a judge that is
trying a case about marijuana possession agrees with the law and does
not think its okay to consume marijuana for recreational use.
legal-unethical: cheating on your boyfriend/girlfriend is legal but most
people find it unethical.
illegal-ethical: speeding is illegal but in some cases of an emergency
some people might find it ethical.
Define legal. - answer An act that is allowed or is in conformity with the
law of the land
Define values. - answer Stable life goals that people have that reflect
what is most important to them
,Define morals. - answer Rules people develop as a result of cultural
norms and values and are, traditionally passed down through
generations and characterize a cultural group
Define organizational ethics. - answer Rules, principles, and standards
for deciding what is morally right or wrong when doing business
List the four main levels of ethical issues and provide an example of
each. - answer Societal Issues: an organization holds a fundraiser to
help feed the homeless.
Stakeholder Issues: A company insists on treating suppliers with respect
and refuses to push them to the lowest pricing possible.
Internal Policy Issues: Fairness in management, pay, and employee
participation.
Personal Policy Issues: Gossiping at work or taking credit for another's
work.
How does a company's ethical behavior impact organizational
outcomes? - answer Trustworthy companies are better at attracting and
keeping customers, keeping talented employees, and capitol.
,How does a company's unethical behavior impact organizational
outcomes? - answer They suffer from dwindling customer bases,
employee turnover, and investor mistrust.
Define corporate social responsibility (CSR). - answer Philosophy in
which a company voluntarily engages in actions that benefit society, be
it economically, socially, politically, or environmentally
How is a company's CSR approach shaped? - answer By seeing that their
community is lacking something that they can provide, earning more
profit and reputation
Who is considered a company stakeholder? - answer Unions
employees
consumer
investors
suppliers
local and national governments
communities.
What is the aim of CSR? - answer To increase profits and trust in the
long-term while promoting positive community relations
, What is the purpose of the World Trade Organization (WTO)? - answer
improve the stability and predictability of global trade.
What is a code of ethics? - answer Guide that publicly sets out an
organization's key values and ethical obligations
What is included in a company's code of ethics? - answer details of how
the company plans to implement its values and vision, as well as
guidance for the staff on ethical standards and ways to achieve them.
Having such a policy hopefully leads to greater ethical awareness,
consistency in application, and avoidance of ethical disasters.
Define the term greenwashing. - answer When organizations carry
about CSR missions in an inauthentic way, using them to increase
publicity rather than to spur real change
Define the term internal transparency - answer Degree to which an
organization operates with openness, communication, and
accountability
What steps can organizations take to encourage transparent practices? -
answer operating in such a way that it is easy for others to see the
actions are performed.
