Chapter 1 (Powerpoint)

Question 1

What are personal principles an individual uses to determine what is right and wrong?

Answer 1

Morals

Question 2

What is the code of behavior that is defined by the group to which an individual belongs?

Answer 2

Ethics

Question 3

What is a system of rules enforced by a set of institutions?

Answer 3

law

Question 4

What are acts that conform to the law?

Answer 4

legal acts

Question 5

What are habits that incline people to do what is acceptable?

Answer 5

Virtues

Question 6

What are habits of unacceptable behavior?

Answer 6

Vices

Question 7

Virtues and vices define what kind of system?

Answer 7

personal value system

Question 8

What is a cornerstone of ethical behavior?

Answer 8

Integrity

Question 9

What is a conflict of morals where you’re forced to choose between two or more options?

Answer 9

moral dilemma

Question 10

What is an example of a moral dilemma?

Answer 10

The Trolley Problem

Question 11

What are 2 trends that have increased the risk of unethical behavior?

Answer 11

1) complex work environments spanning diverse cultures

2) today’s economic climate

Question 12

Businesses that act unethically risk ____________ and _____________.

Answer 12

financial loss and criminal/civil lawsuits

Question 13

What describes the moral corruption of people in power?

Answer 13

Bathsheba Syndrome

Question 14

What does Bathsheba Syndrome refer to?

Answer 14

the biblical story of King David who became corrupted by power

Question 15

In a company, who is mostly responsible for instances of misconduct?

Answer 15

non-managers

Question 16

What is the most common form of employee misconduct?

Answer 16

Misuse of company time

Question 17

Public reputation of a company strongly influences which 4 things?

Answer 17

1) Stock value
2) How consumers regard products/services
3) Government oversight
4) Amount of support received

Question 18

What is the principle created from the U.S. Supreme Court that states an employer can be held responsible for the acts of its employees?

Answer 18

respondeat superior

Question 19

Who provides an organization with vision and leadership in the area of business conduct?

Answer 19

Corporate Ethics Officer

Question 20

What is a code that shows an organization’s key ethical issues and it’s important values and principles?

Answer 20

Code of Ethics