Module 1

Question 1

A system of Moral Principles. It Affects how people make decisions and lead their lives

Answer 1

Ethics

Question 2

Concerned with what is good for individuals and society and is also described as moral philosophy

Answer 2

Ethics

Question 3

The ethics term is derived from the Greek word ________

Answer 3

ethos

Question 4

Ethos means

Answer 4

custom, habit, character or disposition

Question 5

What are the (4) Ethics Dilemmas?

Answer 5

• How to live a good life
• Our rights and responsibilities
• The language of right and wrong
• moral decisions – what is good and bad?

Question 6

What is the Golden Rule?

Answer 6

Do unto others as you’d have them do unto you
— Luke 6:31

Question 7

What are the (5) Basic Principles of Ethics?

Answer 7

• The Golden Rule
• The Rights of Others
• The Consequences of our Actions
• Be Accountable for your Actions
• Truthfulness, alongside Integrity

Question 8

This time-honored principle applies now more than ever because as a society, we have lost our moral compass.

Answer 8

The Golden Rule

Question 9

Ethical people are very considerate as to wether their actions may influence the rights of other people or not

Answer 9

The Rights of Others

Question 10

Our Actions have Consequences

Answer 10

The Consequences of Our Actions

Question 11

We should always take responsibility for our actions, and learn from our mistakes and move forward productively

Answer 11

Be Accountable for your Actions

Question 12

it structures the foremost fundamental standard of ethical behavior; having the courage about your conviction

Answer 12

Truthfulness, alongside Integrity

Question 13

companies operate according to all applicable laws. This keeps the company’s respect among its peers and customers and protects it from legal liability

Answer 13

Business Ethics

Question 14

Ethical Treatment can _____________, and ________________.

Answer 14

• increase employee retention
• reducing hiring and training costs

Question 15

A business that treats its customer or clients ethically can _________ _______, and ____________________________.

Answer 15

• ## Build Trust

Question 16

A business that treats its customer or clients ethically can _________ _______, and _______ ________ ____________.

Answer 16

• Build Trust
• Create Longstanding relationships

Question 17

It refers to the set of moral principles that guides a company’s conduct

Answer 17

Business Ethics

Question 18

(7) Types of Business Ethics

Answer 18

1. Personal Responsibility
2. Corporate Responsibility
3. Loyalty
4. Respect
5. Trustworthiness
6. Fairness
7. Social and Environmental Responsibility

Question 19

It is important that a company pays attention, and potentially invests in the following areas:

Answer 19

• The Age of Information
• The Millennial Factor
• Increased Competition
• The Bottom Line

Question 20

It is the key for employees in both entry-level and senior positions.

Answer 20

• Personal Responsibility

Question 21

Businesses have responsibilities; to their employees, their clients or customers, and their board of directors

Answer 21

Corporate Responsibility

Question 22

A valuable quality for both corporate leaders and team members

Answer 22

Loyalty

Question 23

A valuable quality for both corporate leaders and team members

Answer 23

Loyalty

Question 24

It is an important business ethic both in the way the business treats its clients, customers, and employees, and in the way its team members treat one another

Answer 24

Respect

Question 25

It is earned by a business with its clients, customers, and employees through honesty, transparency, and reliability

Answer 25

Trustworthiness

Question 26

It means that a business strives to treat its customers with equal respect, offering the same goods and services to all based on the same terms

Answer 26

Fairness

Question 27

It means that a company recognize its impact outside of the marketplace

Answer 27

Social and Environmental Responsibility

Question 28

It is the Modern Era. It is being studied and treated as a major leap forward in human history.

Answer 28

The Age of Information

Question 29

It is also important to realize that millennials are the next generation of talent entering the professional world—and they are the ones dictating what is important for companies

Answer 29

The Millennial Factor