What is one of the main benefits of ethical behavior in business?

Ethical Decision-Making in Business

Interactive Video
•
Business, Moral Science, Philosophy
•
11th - 12th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Higher taxes
Increased short-term profits
Happier and more fulfilled lives for executives
Reduced competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Milton Friedman, what is the primary social responsibility of a business?
Increasing its profits
Reducing environmental impact
Serving society
Creating jobs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimal acceptable standard for ethical business behavior?
Adopting new technologies
Following industry trends
Compliance with the law
Maximizing profits
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an action that is ethical but illegal?
Charging high interest rates on loans
Evicting tenants for non-payment
Helping slaves escape in the 19th century
Advertising unhealthy products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might unethical behavior be costly for a business?
It increases employee satisfaction
It can result in public outrage and boycotts
It reduces competition
It always leads to legal action
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one approach a business can take to ensure ethical advertising?
Create ads that are potentially offensive
Use exploitation to increase sales
Include a systematic review of underlying messages
Ignore ethics and focus on sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are considered stakeholders in a business?
Only shareholders
Shareholders, employees, vendors, and customers
Only local governments
Only employees
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