Ethics, Professionalism and social responsibility

Question 1

Name 3 factors related to ethics in the business space

Answer 1

1. Professional code
2. Good business practice
3. Unethical behaviour

Question 2

List 4 different ethical theories

Answer 2

1. Consequence-based theory
2. Principle-based theory
3. Utilitarian theory
4. Virtue-based theory

Question 3

Name 13 Unethical behaviours associated with business

Answer 3

1. Conflict of interest
2. Bribes and corruption
   3.Unauthorized use of fund
3. Inappropriate gifts
   5.Sexual harassment
   6.Unfair advertisement
   7.Employment /labour issues
   8.Pricing of goods
   9.”insider trading”
   10.Piracy
   11.Counterfeiting /Bootlrgging
   12.Taxation
   13.Whistel-blowing

Question 4

Name a few examples of the CSR programs

Answer 4

Sponsorship,Promoting or educating of economically environment saving strategies

Question 5

Purpose and intent of the FTSE/JSE/RII

Answer 5

The promotion of responsible business practise