Business Ethics Basics
What is business ethics?
The study of right and wrong behavior in business decisions.
What does it mean to act with integrity?
To be honest and do the right thing even when no one is watching.
What is constitutional law?
The area of law that deals with the U.S. Constitution and the powers of government.
What does the First Amendment protect?
Freedom of speech, religion, press, assembly, and petition.
Which case involved cell phone searches and privacy rights?
Riley v. California.
Why are ethics important in business?
They help build trust, protect customers, and guide fair decision-making.
What is a conflict of interest?
When a person’s personal interests may affect their professional judgment.
What is the purpose of the U.S. Constitution?
To create the structure of government and protect individual rights.
What is due process?
Fair treatment through the legal system before the government can take away life, liberty, or property.
Which case involved religious freedom and business healthcare requirements?
Burwell v. Hobby Lobby.
What is an ethical dilemma?
A situation where a person must choose between two difficult choices involving right and wrong.
Why should businesses follow laws and ethical standards?
To protect the public, avoid harm, and operate fairly.
What are the three branches of government?
Legislative, executive, and judicial.
What does equal protection mean?
The government must treat people fairly under the law.
Which case involved Congress and limits on federal power?
United States v. Morrison.
What is corporate social responsibility?
When a business considers how its actions affect society, workers, customers, and the environment.
What is whistleblowing?
Reporting illegal or unethical behavior inside an organization.
What is judicial review?
The power of courts to decide whether laws or government actions are constitutional.
What does the Commerce Clause allow Congress to do?
Regulate business and trade between states.
Which case involved the phrase “under God” in the Pledge of Allegiance?
Newdow v. U.S. Congress.
What can happen if a company acts unethically?
It can lose trust, face lawsuits, damage its reputation, or lose customers.
Why is respect in the workplace important?
It helps create a better work environment, improves teamwork, and supports productivity.
Why is the Constitution important in business law?
Because it affects government regulation, individual rights, and business activity.
Why can constitutional rights sometimes be limited?
Because the government may limit rights when there is a strong legal reason, such as safety or protecting others’ rights.
Why are legal cases important when studying business law?
They show how courts apply legal rules to real situations.