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- III. Write True on the space if the statement is correct. If it is false, explain why it is so. 2. Corporate social responsibility is a business concept that focuses on measurable business value by identifying and addressing social problems that affect the business.3. Common cultural assumptions include the taken-for- granted truths that exist mostly in the unconscious level and are shared by the members of an organization as a result of their collective experience with the organization.4. Small enterprises in the Philippines require a capitalization of P3 000 000.00 and have 10 to 99 employees.Which one of the following is not a step in sound ethical decision making process in business? Select one: a. Accept the causes b. Identify the consequences c. Gather the facts d. Define the ethical issue5. What is the impact of business ethics to society in general? 6. Why is there a special need for Ethical Behavior by Professionals? 7. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness and efficiency". 8. Explain how business managers could act ethically 9. If you are a CEO, how can you handle politics within your organization?
- You're the type of person who is always terrified of failure, avoids contentious circumstances, and is afraid of losing your job, putting your ethical beliefs on the line. The circumstances listed below will put your ethical standards to the test. What would you do in these situations? Keep in mind that you must be honest and provide outstanding explanations. Situation 1: Protecting a friend who’s drinking is causing problems in the company Situation 2: take credit to the work done by the others. Situation 3: Company engaging in false marketing.according to an ethics expert ,''we judge ourselves by our best intentionsand most noble acts,but we're judged by others by our last worst act.''Does it mean that in ethics there is an inherent double standard? can you think of two situations wherea person responding to an ethical dilema and interested observers had different evaluations of these persons actions?You have recently obtained employment at RL Ltd. The manager of this successful medium sized business enterprise is keen to implement and formalize some ethical practices in the business. She asks you and your team provide detailed overview about a current ethical issue(s) which affects any well-known company of your choice. Required: Research and report on the unethical issue/s affecting the company Examine how the unethical issue/s has impacted the business Examine the company's ethical code of conduct or a statement of corporate social responsibility. To what extent is it following the code? Make recommendations on how the company could resolve the unethical issue/e and also how they can also improve the ethics of its operations.
- 1. If your company does business with your relative, there is a conflict of interest: A. Only if you personally benefit B. There is no conflict if your boss says it's acceptable for you to benefit C. If the company finds out you are related to the vendor D. None of these 2. When we describe an individual or group of individuals, we are: A. Stereotyping B. Gossiping C. Labeling D. All of these E. None of these 3. The only power that an individual cannot increase themselves is: A. Reward power B. Legitimate power C. Charismatic power D. Information powerMoral responsibility according to Hosmer is: A. Using the Ford Pinto case as the basis for making decisions B. Understanding whether people are being harmed or hurt by a company’s actions C. Understanding what Martha Stewart would do in a similar situation D. Being willing to go to jail when caught doing something illegal E. Apologizing for injuring othersIn the context of business practitioners, *a. ethics has to do with rules or standards governing the conduct of members of a profession and how standards b. are put into action within an organizationc. ethics has to do with only rules governing interactions with other corporationsd. ethics has to do with government regulations about racial discriminatione. ethics pertain to all the choice here
- 8. Which of the following statement is CORRECT on Philosophical Approaches to Ethics? A. Utilitarian approach advocates that the moral worth of actions or practices is determined by their consequences. B. Rights theories is based on Immanuel Kant saying that people should be treated as ends and never purely as means to the ends of others. C. Kantian ethics recognizes that human beings have fundamental rights and privileges that transcend national boundaries and culture. D. Justice theories reveals that the only social responsibility of business is to increase profits so long as the company stays within the rules of the law.Starting up and managing a business requires one to act responsibly and ethically at all times. It isalso imperative that one carefully considers the management team and the opportunities thatfranchising presents to a business to create a bigger brand name and increased market share. 1. Discuss some of the ethical dilemmas that your business might be faced with.3. As a newly appointed Chief Ethics Officer of a major corporation in Ghana, make a presentation to the Board of Directors explaining six (6) reasons on the need to develop a Code of Ethics.