Midterm

Question 1

A set of strict guidelines for maintaining ethics in the workplace

Answer 1

Code of Ethics

Question 2

It is used by any business to operate legally and humanely for it to be successful.

Answer 2

Code of Ethics

Question 3

How is a code of ethics used?

Answer 3

• It is used by any business to operate legally and humanely for it to be successful.
• Most businesses policies themselves by distributing codes of ethics.

Question 4

Steps in writing code of ethics

Answer 4

1. Review your mission statement and core values.
2. Talk to stakeholders.
3. Review past ethical issues.
4. See where other companies have faltered.
5. Create a draft code for input and discussion.
6. Create a final draft and share it.

Question 5

The goal of a code of ethics is to help employees make decisions that are in line with what the company or organization values.

Answer 5

1. Review your mission statement and core values.

Question 6

What is the goal of a code of ethics?

Answer 6

to help employees make decisions that are in line with what the company or organization values.

Question 7

This should be distilled into your mission statement and core values, so it’s a good place to start.

Answer 7

1. Review your mission statement and core values.

Question 8

describes the organization’s purpose and its overall intention.

Answer 8

Mission Statement

Question 9

looks forward and creates a mental image of the ideal state that the organization wishes to achieve.

Answer 9

Vision Statement

Question 10

lists the core principles that guide and direct the organization and its culture.

Answer 10

Values Statement

Question 11

How does the code of ethics put the values statement into practice?

Answer 11

by outlining the procedures in place to ensure the organization’s values are upheld.

Question 12

What management, employees, and clients think are the most important values of the company to uphold.

Answer 12

2. Talk to stakeholders.

Question 13

What are the most important values a company should uphold?

Answer 13

What management, employees, and clients think

Question 14

Get input from everyone involved to be sure your code reflects what the company stands for.

Answer 14

2. Talk to stakeholders.

Question 15

problems, situations, or opportunities requiring an individual to choose among actions that may be evaluated as right or wrong ethical or unethical

Answer 15

3. Review past ethical issues

Question 16

What are ethical issues?

Answer 16

Problems, situations, or opportunities requiring an individual to choose among actions that may be evaluated as right or wrong ethical or unethical

Question 17

Ethical issues arise because of?

Answer 17

• Conflict among personal or organizational values
• conflict with societal values

Question 18

Check if other companies in your industry had recent ethical failures.

Answer 18

4. See where other companies have faltered.

Question 19

Avoid the same pitfalls by covering these issues in your code.

Answer 19

4. See where other companies have faltered.

Question 20

Give everyone a chance to help decide on the contents of the code of ethics by inviting them to discuss and give input on a draft.

Answer 20

5. Create a draft code for input and discussion.

Question 21

Once you’ve got a final draft approved, share it throughout the organization.

Answer 21

6. Create a final draft and share it.

Question 22

Also, make sure that a copy of it is added to your employee handbook.

Answer 22

6. Create a final draft and share it.

Question 23

a document that communicates your company’s mission, policies and expectations.

Answer 23

Employee Handbook

Question 24

employers give this to employees to clarify their rights and responsibilities while they’re employed with the company.

Answer 24

Employee Handbook

Question 25

How is a code of ethics important?

Answer 25

helps employees or organization members make decisions that are in line with company values in the absence of a clear rule or direct supervision.

Question 26

What can the code of ethics improve?

Answer 26

decision making at a business, and make it easier for employees to be autonomous.

Question 27

Who are the Classical Philosophers that had great implications on business and are the foundations of the principles of business ethics?

Answer 27

Socrates Plato Aristotle Confucius Plutarch Epicurus Immanuel Kant

Question 28

Dare to Disagree

Answer 28

Socrates

Question 29

What is Socrate known for?

Answer 29

"Dare to Disagree" or "Have the courage to disagree."

Question 30

He said that a good business leader never pretends to know more than they do and isn't afraid to utter the words, “I don't know.”

Answer 30

Socrates

Question 31

Quality Content

Answer 31

Plato

Question 32

His prime belief was that a person must study themselves in order to find out their level of character.

Answer 32

Plato

Question 33

In business, it is constantly vital to know the qualities and shortcomings of everybody.

Answer 33

Plato

Question 34

Quality over quantity wins every time – as true now as it was in 300 BC.

Answer 34

Plato

Question 35

"Better a little which is well done, than a great deal imperfectly.”

Answer 35

Plato

Question 36

"let people seek fulfillment"

Answer 36

Aristotle

Question 37

He was the most practical and business oriented of all philosophers.

Answer 37

Aristotle

Question 38

For Aristotle, In business, the association must give a condition that is ______________________________?

Answer 38

conducive to human development and satisfaction.

Question 39

"positive interpersonal relations"

Answer 39

Confucius

Question 40

What was Confucius golden rule?

Answer 40

"do not do unto others what you do not want others do unto you"

Question 41

What was Confucius' famous classic philosophy?

Answer 41

"live a contented, moral and happy life."

Question 42

His values were applicable to positive interpersonal relations in business practice and in the workplace, in regards to successful human resource management in particular.

Answer 42

Confucius

Question 43

"Be a good role model"

Answer 43

Plutarch

Question 44

He understood that humans are incredibly social creatures, who constantly observe the people around them and imitate them.

Answer 44

Plutarch

Question 45

what you say to your employees is less important than what you do. They will watch how you behave, how you treat others, how you cope with pressure and whether you follow through on your promises. And they will imitate you.

Answer 45

Plutarch

Question 46

"The art of happiness"

Answer 46

Epicurus

Question 47

a fourth century Greek philosopher who taught, rather scandalously, that the aim of life was simply to be as happy as possible here on Earth.

Answer 47

Epicurus

Question 48

He warned that humans are very bad at being happy, and very good at inventing reasons to be miserable.

Answer 48

Epicurus

Question 49

Today, some companies are embracing his philosophy, and trying to teach their employees the art of happiness.

Answer 49

Epicurus

Question 50

Deontology

Answer 50

Immanuel Kant

Question 51

One of the most influential philosophers in the history of Western philosophy.

Answer 51

Immanuel Kant

Question 52

the theory of duty and obligation.

Answer 52

deontology or deontological ethics

Question 53

states that people should adhere to their obligations and duties when engaged in decision making when ethics are in play.

Answer 53

deontological class of ethical theories

Question 54

In business, each member of the organization stands in a moral relationship to all the others.

Answer 54

Immanuel Kant

Question 55

On one hand, the managers of a business firm should respect the humanity in all the persons in and outside the organization.

Answer 55

Immanuel Kant