Values - correct answer ✔✔Foundational values are developed in childhood.
Instrumental values are shaped by the environment that we grow in.
Terminal values are those that we consider important as we develop our perspectives of life.
Life as a zero-sum game - correct answer ✔✔the delusion that we can win only at someone else's
expense.
Survival instinct - correct answer ✔✔I was just following orders, or I can only survive by doing something
that I know to be wrong. "Fake it till you make it" is the new mantra - a lie told a hundred times has the
propensity to be perceived to be the truth. This is the age of Orwellian "alternative facts".
Benefits of a "pro-active speak-up policy" - correct answer ✔✔Protects the company - an effective
speak-up policy encourages employees to discuss concerns before going public. In this age of social
media, all that is needed to cause a major convulsion is a single tweet or Facebook posting that is picked
up by others.
Protects the employees - a speak-up policy conveys a clear message that bad practices will not be
tolerated.
Protects customers and the public - from breaches to health, safety, and hygiene.
being ethical leads to: - correct answer ✔✔Improved performance.
Enhanced collaboration and teamwork.
Superior quality and great customer service.
, Insurance during difficult times; customers stay with ethical firms.
Enduring public image of an organization that cares.
Torch-bearer of values for society, country, and the world.
Retention of talented social capital.
Lawrence Kohlberg's stages of moral reasoning is useful: - correct answer ✔✔Q1: Who are the
stakeholders (shareholders, customers, vendors, employees, regulators, competitors, society) likely to be
affected by this decision?
Q2: Does the proposed decision or course of action benefit me personally?
Q3: Does the proposed decision or course of action align with the principles and values of my
cohort/social group?
Q4: Does the proposed decision or course of action comply with the applicable laws and regulations?
Q5: Does the proposed decision or course of action lead to the greatest good for the largest number of
stakeholders likely to be affected by it?
Q6: Are the motives behind the proposed decision or course of action based on truth and integrity
towards each of the stakeholder groups?
If answers to Questions 2 - 6 are all YES, go ahead with the decision or course of action.
If answers to Questions 2 - 6 are all NO, abandon the decision or course of action.
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