4.3 & 4.4

Question 1

What are four areas affected by legal obligations?

Answer 1

Finance (reporting), human resources (wages and hiring), marketing (misinformation and faults) and production (health and safety).

Question 2

What are ethics?

Answer 2

Moral principles that direct behaviors.

Question 3

What are the pros of being ethical?

Answer 3

Better brand image, more staff motivation

Question 4

What are the cons of being ethical?

Answer 4

Higher cost