Navigating Business Ethics Dilemmas

Which of the following best describes Corporate Social Responsibility (CSR)?

• Maximising profits at all costs

• A company's commitment to manage the social, environmental and economic effects of its operations responsibly

• Avoiding all government regulations

• Focusing solely on shareholder returns

Which of the following is an example of ethical leadership in business?

• Ignoring employee concerns

• Leading by example and promoting honesty and integrity

• Prioritising personal gain over company values

• Withholding information from stakeholders

What is the main goal of sustainability in business?

• Short-term profit maximisation

• Balancing economic growth with environmental protection and social well-being

• Reducing employee benefits

• Increasing production regardless of environmental impact

Which of the following is a key principle of fair trade practices?

• Exploiting cheap labour

• Paying producers a fair price for their goods

• Ignoring working conditions

• Maximising profit by any means

Whistleblowing in a business context refers to:

• Promoting a new product

• Reporting unethical or illegal activities within an organisation

• Announcing company profits

• Hiring new employees

Which of the following is a consumer right under UK law?

• The right to be misled by advertising

• The right to a refund for faulty goods

• The right to ignore product safety warnings

• The right to demand free products

A company that reduces its carbon footprint is demonstrating:

• Ethical leadership

• Corporate Social Responsibility

• Both A and B

• Neither A nor B

Which of the following is NOT a benefit of ethical business practices?

• Improved reputation

• Increased employee loyalty

• Higher risk of legal penalties

• Greater customer trust

Which of the following best describes the relationship between sustainability and profitability?

• They are always in conflict

• Sustainable practices can lead to long-term profitability

• Profitability requires ignoring sustainability

• Sustainability is irrelevant to business success

An ethical dilemma in business occurs when:

• There is a clear right and wrong answer

• A decision must be made between two or more conflicting ethical principles

• The law is always followed

• Profits are guaranteed