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Know that Name Measuring Up Cycling Businesses Political Systems Know

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Presentation on theme: "Know that Name Measuring Up Cycling Businesses Political Systems Know"— Presentation transcript:

1 Know that Name Measuring Up Cycling Businesses Political Systems Know that Term Grab Bag 10 10 10 10 10 10 20 20 20 20 20 20 30 30 30 30 30 30 40 40 40 40 40 40 50 50 50 50 50 50

2 Accepting a bribe would be considered a _______ of __________ because it could result in an unfair business decision. Conflict of Interest 10 Know That Name

3 List two of the four ethical issues experienced in business
Fairness & Honesty Organizational Relationships Conflict of Interest Communications 20 Know That Name

4 Which of the four ethical issues would encompass false and misleading advertising?
Communication 30 Know That Name

5 List the three factors that influence unethical behavior
Individual Social Opportunity 40 Know That Name

6 What are the two models of social responsibility?
Economic & Socioeconomic 50 Know That Name

7 True or False: It is acceptable to put your welfare above the welfare of others in business.
10 Business Ethics

8 When a person informs the press or government officials of ethical misconduct, what is this called?
Whistleblower 20 Business Ethics

9 Name two parties that have roles in encouraging Ethics
Management & Government 30 Business Ethics

10 Name two of the three individual factors affecting ethics.
Goals, Values, Knowledge of an issue 40 Business Ethics

11 Name two of the 4 social factors affecting ethics
Cultural Norms, Coworkers, Signification Others, Use of Internet 50 Business Ethics

12 Name one negative result of social responsibility
Costs money 10 Social

13 True or False: The existence of social responsibility may affect the decisions of customers.

14 Which of the 2 views of social responsibility believe that a company’s primary responsibility is to make a profit for its shareholders? Economic Model or View 30 Social

15 This view of social responsibility believes that it is in the best interest of firms to take the initiative in social responsibility matters because they have the means to do so. Socioeconomic Model 40 Social

16 True or False: One business response to societal values is to ensure that business activities do not harm the natural environment True 50 Social

17 True or False: There are internal and external controls that can encourage ethical behavior
10 Good Behavior

18 What external controls can encourage ethical behavior?
Government legislation and regulation, Sarbanes-Oxley, OSHA 20 Good Behavior

19 True or False: Management can help reduce the amount of unethical behavior by increasing internal controls True 30 Good Behavior

20 List two examples of internal controls that can encourage ethical behavior.
Code of ethics, management direction, employee training, ethics officer 40 Good Behavior

21 OSHA’s Whistleblower status protects you from retaliation of adverse actions. List two examples of an adverse actions Fire, blacklist, demote, deny overtime/promotion, discipline, intimidate, reduce hours 50 Good Behavior

22 The study of right and wrong and of the morality of the choices individuals make
Ethics 10 Know that TERM

23 The application of moral standards to business situations
Business Ethics 20 Know that TERM

24 A guide to acceptable and ethical behavior as defined by the organization.
Code of Ethics 30 Know that TERM

25 New legal protection for employees who report corporate misconduct and tough new provisions to deter and punish corporate fraud and corruption Sarbanes-Oxley act of 2002 40 Know that TERM

26 The view that society will benefit most when business is left alone to produce and market profitable products that society needs. Economic Model of SR 50 Know that TERM

27 True or False: Customers expect businesses to obey all laws and regulations. This is known as Fairness & Honesty True 10 Grab Bag

28 False – Organizational Relationships
True or False: The ethical issue associated with taking credit for others’ ideas or work is known as Communications False – Organizational Relationships 20 Grab Bag

29 True or False: Taking advantage of a situation for personal interest, therefore perpetuating an unfair business decision is known as the ethical issue of Conflict of Interest True 30 Grab Bag

30 The Federal Trade Commission
What does FTC stand for? The Federal Trade Commission 40 Grab Bag

31 The absence of ethical codes and/or enforcement of ethics in an organization increases which factor affecting ethical behavior? Opportunity 50 Grab Bag

32 Why is studying business a good idea? List 4 reasons.
Final Jeopardy Why is studying business a good idea? List 4 reasons.

33 Final Jeopardy What are the 4 essential skills for successful managers? Be able to describe each.


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