 Show Full file at https://TestbankHelp.eu/ Test Bank Business Essentials 11th Edition Ronald J Ebert Complete downloadable file at: https://TestbankHelp.eu/Test-Bank-Business-Essentials-11th-Edition-Ronald-J-Ebert 1) What are individual beliefs about what is right and wrong or good and bad referred to as? A) Motivators B) Rules C)Cultures D)Ethics E)Laws Answer: D Explanation: D) Ethics are beliefs about what is right and wrong or good and bad in actions that affect others. Difficulty: Easy AACSB: Ethical understanding and reasoning Objective: 2.1: Explain how individuals develop their personal codes of ethics and why ethics are important in the workplace. 2) Which of the following should be the first step in assessing ethical behavior in a certain situation? A)Seek the advice of managers. B)Make a judgment based on the outcome of the activity. C)Consider appropriate moral values. D) Collect facts related to the situation. E)Gather a range of opinions on the effectiveness of the policy. Answer: D Explanation: D) There are three steps for applying ethical judgments to situations that may arise including first, gathering relevant factual information, analyzing the facts and finally, making an ethical judgment based on the rightness or wrongness of the proposed activity or policy. Difficulty: Moderate AACSB: Ethical understanding and reasoning Objective: 2.1: Explain how individuals develop their personal codes of ethics and why ethics are important in the workplace. 3) What is likely the single MOST effective step that a company can take to set ethical standards? A) Offer large cash awards for whistle-blowing. B)Suggest that employees take ethics training. C)Post ethical rules on bulletin boards. D)State that the workplace values diversity. E)Demonstrate support from top management. Answer: E Explanation: E) Perhaps the single most effective step a company can take in setting ethical standards is to demonstrate top management support of ethical standards. Difficulty: Moderate AACSB: Ethical understanding and reasoning Objective: 2.1: Explain how individuals develop their personal codes of ethics and why ethics are important in the workplace. 4) How do top managers BEST demonstrate a commitment to ethical business practices? pg. 1 What is the first step in managing ethical work behavior?1. Develop Ethical Standards. An integral first step is to formalize your expectations and make it clear about which behaviors are and aren't acceptable. If you haven't done so already, create a code of ethics section in your employee handbook that outlines proper business conduct.
What is the most ethical thing a company should do?Top Ethical Business Practices. Define Your Values. ... . Decide On Appropriate Disciplinary Action. ... . Hold Your Leaders to High Standards. ... . Incentivize Ethical Behavior. ... . Keep Ethics Top of Mind. ... . Become Active in Your Community. ... . Hire a Diverse Range of Employees. ... . Monitor Your Suppliers.. What steps do companies take to encourage ethical behavior?Promoting Workplace Ethics. Be a Role Model and Be Visible. Employees look at top managers to understand what behavior is acceptable. ... . Communicate Ethical Expectations. ... . Offer Ethics Training. ... . Visibly Reward Ethical Acts and Punish Unethical Ones. ... . Provide Protective Mechanisms.. What are the steps in ethics management?The Ethical Decision-Making Process. Take Time to Define the Problem. ... . Consult Resources and Seek Assistance. ... . Think About the Lasting Effects. ... . Consider Regulations in Other Industries. ... . Decide on a Decision. ... . Implement and Evaluate.. |
What is likely the single most effective step that a company can take to set ethical standards?
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