Learning Aim C2- Week 6- Activity 2

True or False: Ethics and law are the same thing in business.

• True

• False

True or False: An ethical decision must always be legal.

• True

• False

True or False: Corporate Social Responsibility (CSR) only focuses on making profits for shareholders.

• True

• False

True or False: A business acting ethically may choose to donate out-of-date groceries instead of throwing them away.

• True

• False

True or False: Codes of practice help guide employees to act ethically.

• True

• False

Which of the following best describes ethical behavior in business?

• A. Following every rule written by the government

• B. Doing what is most profitable no matter what

• C. Acting in a way that is both legal and morally acceptable

• D. Only listening to customer complaints

Which of the following is an example of an ethical dilemma?

• A. Deciding which color to paint the office

• B. Choosing to sell unhealthy snacks at a lower price than fruit

• C. Filing your business taxes legally

• D. Giving a refund to a customer who has a receipt

What is the main difference between CSR and ethics?

• A. CSR is only about donations; ethics is about recycling

• B. Ethics is about personal feelings; CSR is about laws

• C. CSR is about responsibility to stakeholders; ethics is about moral behavior

• D. There is no difference

Why are ethical codes important for businesses?

• A. They increase advertising

• B. They confuse employees

• C. They provide clear guidelines for decision-making

• D. They only help managers

Which Empowered principle is best shown when a business acts with transparency and fairness?

• A. Passion

• B. Integrity

• C. Opportunity

• D. Subjective Value