Ethics Worksheet

Which environment was discussed previously according to the learning material?

• Technological Environment

• Ethical Environment

• Legal Environment

• Social Environment

According to the learning objectives, what should students be able to explain?

• The way key ethical factors impact organisations

• The history of technological environments

• The process of legal compliance

• The structure of business organisations

Why might there be a conflict between ethics and profitability in business?

• Ethical actions may increase costs and reduce short-term profits

• Ethical actions always guarantee higher profits

• Profitability is unrelated to business decisions

• Ethics require breaking the law

Why do ethical businesses consider their social responsibilities when devising corporate objectives and strategies?

• To think carefully about the ‘moral rights and wrongs’ of a particular course of action.

• To increase their profits only.

• To avoid paying taxes.

• To reduce employee salaries.

According to the instructions, what is the first task students are asked to do?

• Present their answer to the class

• List ethical issues facing most businesses

• Agree on an answer in a group

• Share their answer with their neighbour

Which of the following is NOT listed as an ethical issue facing businesses in the provided material?

• Environmental

• Animal Rights

• Product Pricing

• Treatment of Workers

According to the material, which ethical issue involves the fair and respectful handling of those who provide goods and services to a business?

• Treatment of Customers

• Treatment of Suppliers

• Environmental

• Animal Rights

According to the text, what should students focus on when making notes?

• Making notes for purpose

• Copying and pasting information

• Ignoring the lesson

• Memorizing without understanding

What does the acronym "NIMBY" stand for in the context of environmental issues?

• Not In My Back Yard

• Now In My Best Yard

• Never In My Business Yard

• No Impact My Backyard

According to the material, why are local residents more likely to object to a firm's actions?

• Because they want more jobs in the area

• Because they are more aware of environmental impacts

• Because they support all business activities

• Because they want to increase property values