Vocab Check
The study of appropriate business policies and practices regarding controversial topics.
What is Business Ethics?
A company discovers its supplier uses child labor. What type of issue is this?
What is an Ethical Dilemma?
Being truthful and transparent in actions and communication.
What is Honesty?
When a company reduces plastic packaging to protect the planet.
What is Environmental Responsibility?
Why should a company care about ethics if it’s already making money?
To build trust, loyalty, and long-term success.
The process of making choices based on moral principles and values.
What is Ethical Decision-Making?
You accidentally see a coworker’s confidential email. What should guide your response?
What is Integrity or Respect for Privacy?
Treating people equally or in a way that is reasonable.
What is Fairness?
When a business supports local schools or community events.
What is Social Impact or Community Involvement?
Name one consequence of unethical business behavior.
Loss of reputation, fines, lawsuits, etc.
Individuals or groups affected by an organization’s actions.
Who are Stakeholders?
A company must choose between cheaper production or reducing pollution. What concept applies?
What is Sustainability or Environmental Responsibility?
Showing concern for others’ suffering or misfortunes.
What is Compassion?
Engaging with local residents before building a new factory.
What is Stakeholder Engagement?
What can leaders do to promote ethical behavior in the workplace?
Model ethics, set clear policies, reward integrity.
A business approach that contributes to sustainable development.
What is Corporate Social Responsibility (CSR)?
A manager shows favoritism when promoting employees. What principle is being violated?
What is Fairness?
Following laws and regulations relevant to your business.
What is Legal Compliance?
Consumers who buy from companies with strong ethics and sustainability.
Who are Conscious Consumers?
How does CSR benefit both society and business?
Improves brand image, attracts customers, supports communities.
The duty to protect natural resources for future generations.
What is Environmental Responsibility?
A company wants to donate profits to a local shelter, but shareholders disagree. Which ethical framework helps guide this?
What is Utilitarianism?
The belief system that shapes a company’s moral direction.
What are Core Principles?
A company balances profit with people and the planet.
What is Corporate Social Responsibility (CSR)?
What is one way technology can create new ethical challenges?
Privacy issues, data misuse, AI bias, etc.