WGU D072 Fundamentals for Success in Business Comprehensive Overview Correct 100%

Ethics - ANSWERA system of moral principles. The principles of right and wrong that guide an individual in making decisions Legal - ANSWERPermitted by law. An act that is permissible or in conformity with the law of the land Legal and Ethical (legal-ethical) - ANSWERWhen the law and personal or organization are in concordance with each other Legal and Unethical (legal-unethical) - ANSWERDilemma in which stablished laws are not in accordance or do not uphold the ethical choice Illegal and Ethical (illegal-ethical) - ANSWERDilemma in which ethical choice would be in violation of stablished laws Scenarios: Legal and Unethical (legal-unethical) - ANSWERI: As the outsourcing movement has grown, so have accompanying reports of sweatshop abuses and health and safety issues. Ignoring dangerous work conditions is unethical in any sense, regardless of where the workers are located. II: A judge believes that the use of cannabis should never be allowed regardless of the situation due to personal principles of what is right and wrong. A law was recently passed, however, allowing individuals to use cannabis. Scenarios: Legal and Ethical (legal-ethical) - ANSWERAn organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Scenarios: Illegal and Ethical (illegal-ethical) - ANSWERPentagon papers case: U.S government officials leaked top secret papers to inform the public about government actions during the Vietnam War. Personal Ethics - ANSWERCodes, principals, and values that shape people's interactions with others Values - ANSWERStable life goals that people have that reflect what is most important to them Morals - ANSWERare sets of rules that individuals develop based on cultural norms and beliefs Scenarios: Values - ANSWERA job candidate asks questions during an interview to determine whether their personal life goals align with those of the organization. Organizational ethics - ANSWERRules, principals, and standards for deciding what is morally right or wrong when doing business Scenarios: Organizational ethics - ANSWERIf an organization can create an ethically oriented culture, it is more likely to hire people who behave the same. 4 main Ethical Issues - ANSWER1. Societal issues 2. Stakeholder issues 3. Internal policy issues 4. Personal Issues Ethical Issues: Societal issues - ANSWERConcerns issues relating to the world as a whole Involvement happens because of the ethics the organization creates out of care and concern for individuals. Ethical Issues: Stakeholder issues - ANSWERConcerns policies that affect its customers, employees, suppliers, and people within the community Ethical Issues: Internal policy issues - ANSWERConcerns internal relationships between a company and its employees Examples include fairness in management, pay, and employee participation. Ethical Issues: Personal issues - ANSWERConcerns how people treat others in their organization Examples include gossiping at work or taking credit for another's work. Stakeholder issues - ANSWERA company insists o