Ethics 101
This is defined as professional standards of conduct based on moral principles and values which guide decision-making processes and actions.
What is business ethics?
The first step in the decision making process.
What is "defining the problem"?
Required money paid to the government to fund government spending.
What are taxes?
How many branches is the U.S. government divided into?
What is 3?
Organizations formed to represent workers and prevent unfair labor practices.
What are labor unions?
Ethical business practices is the application of _______________ based on moral principles and values like trust, fairness & responsibility.
What is decision making?
This step of the decision making process includes coming up with different solutions to the problem.
What is "listing an evaluating all solutions"?
This is only required by some states.
This branch is in charge of enforcing laws, dealing with foreign countries and is led by the President.
What is the Executive Branch?
The negotiation of employment conditions.
What is collective bargaining?
This may devastate a business, hurt others and cost the business money.
What are unethical business practices?
The third step of the decision making process; includes reviewing consequences.
What is "selecting the best solution"?
Types of _____________ include federal income tax, corporate income tax and state income tax.
What is income tax?
This branch is responsible for interpreting & applying laws and is home to the court system.
What is the Judicial Branch?
Method of protesting by holding signs outside of a workplace to draw attention to conflict.
What is picketing?
What is unethical?
Fourth step of the decision making process.
This type of tax is paid on potentially harmful practices like tobacco use.
What is an excise tax?
This branch of government is responsible for making laws, controlling government spending and is home to Congress.
What is the Legislative Branch?
What is conflict?
This occurs when an employer treats an employee or applicant less favorably than others due to a protected characteristic.
What is discrimination?
Last step of the decision making process; includes repeating the process if its not the best decision.
What is "evaluating the decision"?
Healthcare for senior citizens is called ______ and is paid for by the payroll tax.
What is Medicare?
This is a rule or order issued by a government agency (often having the force of law).
What is a regulation?
Employees’ refusal to work as an attempt to resolve conflict in the workplace.
What is a labor strike?