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BMAL-590-LEGAL ENVIRONMENT OF BUSINESS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ CA$14.37   Add to cart

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BMAL-590-LEGAL ENVIRONMENT OF BUSINESS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++

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BMAL-590-LEGAL ENVIRONMENT OF BUSINESS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ Ethics in business Tries to distinguish between right and wrong. Foundational values Values that are developed in childhood. Instrumental values Shaped by the environment that we grow in Te...

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  • October 7, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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BMAL-590-LEGAL ENVIRONMENT OF BUSINESS EXAM

QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

GRADED A++



Ethics in business


Tries to distinguish between right and wrong.


Foundational values


Values that are developed in childhood.


Instrumental values


Shaped by the environment that we grow in


Terminal values


Those that we consider important as we develop our perspectives of life.


Business Ethics


Examines actions that are blatantly wrong (stealing, lying, passing on organizational information to

competitors) and actions where the distinction between right and wrong is less distinct.


Denial


When a mistake occurs, the first impulse is to deny any responsibility.


Lying

, this covers a broad spectrum; organizational lying occurs when unverifiable promises are made about a

product or service; managers lying to their direct reports and vice-versa; misleading society at large

about the impact of certain actions.


Misuse and abuse


of resources and assets; falsifying expense accounts; overstating effort or hours worked; going on a

vacation while on "sick leave"; applying to other firms from the office computer ... the list is endless.


Dishonest conduct


accepting or offering bribes and kickbacks.


Deceit


failure to communicate important safety or operational instructions to customers and other

stakeholders.


Discrimination


based on ethnicity, gender, age, education, or other demographics.


Sexual harassment


by words and deeds.


Theft


of organizational or colleagues' assets and belongings.


Dual loyalties


working for another organization at the workplace


Greed

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