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Ethics: What do they mean to me in business? Interactive Quiz
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What are ethics? What do you do when no one is looking? What do you do when no one is looking? Click here to find out what wiki says. Click here to find out what wiki says. Click here to find out what wiki says. Click here to find out what wiki says. Click icon for video example.
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How to take this quiz: Read the question and determine your own answer. Read the question and determine your own answer. Click on the question mark (?) button to navigate to the answer slide. Once you have read and understand the answer, click “Back to Quiz” to return to the question you just answered. Click on the question mark (?) button to navigate to the answer slide. Once you have read and understand the answer, click “Back to Quiz” to return to the question you just answered. Click “Next Question” to move on to the next question. Click “Next Question” to move on to the next question. The purpose of this quiz is to help you think through specific business ethics related scenarios and what they will mean to you in your future career. The purpose of this quiz is to help you think through specific business ethics related scenarios and what they will mean to you in your future career. You may keep track of your own progress. This quiz is not for a grade. You may keep track of your own progress. This quiz is not for a grade. Good luck! Good luck!
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Question 1 What does it mean to “cook the books?” What does it mean to “cook the books?”
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Question 2 What is an “under the table” deal? What is an “under the table” deal?
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Question 3 What is child labor and why is it important? What is child labor and why is it important?
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Question 4 What does it mean to “go green?” What does it mean to “go green?”
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Question 5 What is insider trading? What is insider trading?
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Question 6 What is the recent example of unethical business practices that we have discussed in class. Hint: It has affected a popular vacation area and the businesses associated. What is the recent example of unethical business practices that we have discussed in class. Hint: It has affected a popular vacation area and the businesses associated.
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Question 7 What should be your number one focus as a business as it relates to corporate giving? What should be your number one focus as a business as it relates to corporate giving?
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Question 8 What is a ponzi scheme? What is a ponzi scheme?
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Quiz Complete Please feel free to start the quiz over if you would like to review again. Please feel free to start the quiz over if you would like to review again. This program can be used as a sort of flash card system for review for the final exam in this course. This program can be used as a sort of flash card system for review for the final exam in this course. Click to Return to Start of Slide Show
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Cooking the Books A slang term in business. A slang term in business. The unethical practice of faking information in a company’s reporting. The unethical practice of faking information in a company’s reporting. A bookkeeper may also put false information in accounting ledgers. A bookkeeper may also put false information in accounting ledgers.
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“Under the Table” Deals Agreements, typically unethical, that are made between two parties in business. Agreements, typically unethical, that are made between two parties in business. The people involved make these agreements to bypass rules and laws. The people involved make these agreements to bypass rules and laws.
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Child Labor Obey child labor laws as drawn out by your state and federal governments. Obey child labor laws as drawn out by your state and federal governments. Child labor is a serious issue and should be included in your ethical practices. Child labor is a serious issue and should be included in your ethical practices. Read more about child labor on a global level. Read more about child labor on a global level. Read more about child labor on a global level. Read more about child labor on a global level.
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Go Green Build and grow a business that also supports sustaining the environment. Build and grow a business that also supports sustaining the environment. This includes both what you do inside the doors of the company as well as what you support as a company. This includes both what you do inside the doors of the company as well as what you support as a company.
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Insider Trading Martha Stewart, a pillar in home living, was sent to jail for this charge. Martha Stewart, a pillar in home living, was sent to jail for this charge. Insider trading involves sharing inside information to others who may benefit financially at the expense of the company and other share holders. Insider trading involves sharing inside information to others who may benefit financially at the expense of the company and other share holders.
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BP Oil Spill The BP Oil Spill in the Gulf is a very recent example of unethical business practices. The BP Oil Spill in the Gulf is a very recent example of unethical business practices. The mistakes not only cost BP money, it also cost them a lifetime of customers who will never forget this mistake. The mistakes not only cost BP money, it also cost them a lifetime of customers who will never forget this mistake.
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Give Back to the Community Businesses should support the communities in which they reside. Businesses should support the communities in which they reside. This can be done through donations for playgrounds or through supporting local events and festivals. This can be done through donations for playgrounds or through supporting local events and festivals.
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Ponzi Schemes Named after Charles Ponzi. Named after Charles Ponzi. More recently, Bernie Madoff was convicted for roping people into his ponzi scheme. More recently, Bernie Madoff was convicted for roping people into his ponzi scheme. This unethical practice is investment fraud. This unethical practice is investment fraud. Read more about ponzi schemes. Read more about ponzi schemes. Read more about ponzi schemes. Read more about ponzi schemes.
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