Professional Ethics

Create an image of a diverse group of professionals discussing business ethics in a modern office setting, with a chalkboard full of ethical concepts and principles in the background.

Professional Ethics Quiz

Test your knowledge on business ethics with our engaging quiz designed to challenge your understanding of ethical decision-making in the corporate world!

Explore topics such as:

Benefits of ethical practices
Legislation related to business ethics
Identifying ethical dilemmas
The importance of communication

13 Questions3 MinutesCreated by EthicalThinker572

What are the benefits of a company being known as ethical ?

Impact on competitiveness

Enhances reputations

Value added

All of these

Which legislation relates to the concept of business ethics?

Freedom of Information Act

Food Act

Building regulations

All of these

A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.

Crisis

Ethical Issue

Indictment

Fraud

A company may become insolvent if it

Has negative working capital

Makes a loss

Cannot meet its budgeted level of profit

cannot pay creditors in full after realisation of its assets

What question should you ask yourself whenever you are faced with an ethical dilemma ?

Is it legal

Is it balanced/far

Is it right

All of these

To be successful, business ethics training programs need to

Focus on personal opinions of employees.

Be limited to upper executives.

Educate employees on formal ethical frameworks and models of ethical decision making.

Promote the use of emotions in making tough ethical decisions.

Which of the following is the study and practice of decisions about what is good, or right ?

Business

Consequences

Ethics

Morals

Which of the following is true regarding business ethics ?

Business ethics results in a set of correct decisions and does not simply refer to standards of business conduct

Business ethics produce a list of correct business decisions that all ethical businesses will make so long as the theory of rule utilitarianism is followed

Business ethics refers to standards of business conduct but does not result in a set of correct decisions

What do the letters "WPH" mean in reference to the "WPH Framework for Business Ethics" discussed in the text ?

Where, Plan and Hope

Why, Procedures and Hope

Who, Purpose and How

Where, Procedures and How

Professional Ethics

Professional Ethics Quiz

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