Ethical Issues in Business

What defines ethical issues in the context of business?

• Conflict between personal beliefs and corporate goals

• The conflict between moral principles and practical considerations

• The conflict between individual rights and company policies

• Conflict between customer demands and market trends

What are the potential implications in the construction business if safety precautions are compromised?

• Decreased profit margins

• Improved workplace efficiency

• Increased risk of accidents

• Enhanced employee satisfaction

What ethical issue is highlighted in the technology sector regarding personal data?

• Unauthorised access

• Data encryption

• Transparent data usage

• Regulatory compliance

What ethical concern is associated with plagiarism in the education industry?

• Student privacy

• Academic integrity

• Equal access to education

• Faculty misconduct

What penalty might a business face for violating Child Employment Legislation?

• £1000 fine or 6 months in prison

• Written warning

• Monetary compensation to affected children

• Temporary suspension of operations

Which legal framework prohibits discrimination in the workplace?

• Labor Code

• Equality Act

• Fair Employment Practices Act

• Workplace Discrimination Act

What is one key practice for addressing ethical issues in business?

• Ignoring employee feedback

• Encouraging open communication

• Avoiding transparency

• Limiting employee input

How can organisations foster a culture of accountability?

• Rewarding unethical behaviour

• Promoting secrecy

• Setting clear expectations for ethical behaviour

• Avoiding consequences for misconduct

Why is ethics training important in addressing ethical issues in business?

• To encourage unethical behaviour

• To promote ignorance of ethical principles

• To create a culture of integrity and accountability

• To avoid legal repercussions

Why is it important for businesses to assess knowledge and understanding of ethical issues?

• To encourage unethical behaviour

• To improve decision-making and prevent ethical violations

• To avoid accountability

• To promote ignorance of ethical principles