Practice What is Business Ethics? - 26.1 | 26. Ethics and Corporate Governance | Management 1 (Organizational Behaviour/Finance & Accounting)
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What is Business Ethics?

26.1 - What is Business Ethics?

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define business ethics in your own words.

💡 Hint: Think about how moral principles apply to business operations.

Question 2 Easy

List at least two key principles of business ethics.

💡 Hint: Recall the acronym IFAT we discussed.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does business ethics primarily focus on?

Maximizing profits
Applying ethical principles to business behavior
Increasing competition

💡 Hint: Consider what guides a company's actions.

Question 2

True or False: Fairness in business means treating all stakeholders equitably.

True
False

💡 Hint: Think about how fairness benefits relationships.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate a corporation’s ethical practices in a case study; what would you do differently?

💡 Hint: Consider the principles we discussed when assessing their actions.

Challenge 2 Hard

Design a code of ethics for a fictional company. What key principles will you include?

💡 Hint: Think about what values the company should prioritize.

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Reference links

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