Personal Ethics
Common personal ethic regarding telling the truth
Honesty
Some common personal ethic can be having _______ for others
Respect
What action, decision, or conduct in an environment violates the code of ethics?
Unethical work behavior
What is an established set of moral guidelines in a company?
Code of Ethics
The ______ around you can be an important factor to developing your personal ethics
People
Personal _________ can also be a factor in the development of personal ethics
Experience
Why does a Code of Ethics exist within a business?
They exist to show what’s okay in the workplace and what isn't
Why is it important to know what acceptable and unacceptable behavior is in the workplace?
Because professional ethical behavior reflects on your entire company.
This is a trait that makes sure your daily actions are consistent with your personal ethics
Integrity
This varies from different countries and determines personal ethics
Culture
Under fair competition, a business's success is determined by which two specific factors?
Product or service quality
Who makes the code of ethics?
Human Resources management
Having personal ethics can strengthen the _____ your peers have in you
Trust
This is often valued over laws/rules
Personal relationships
What are minor consequences for unethical conduct?
Getting written up, a bad reputation, or being fired
Why do businesses have to compete fairly?
It sustains an open economy
This skill is strengthened by personal ethics
Decision-making skills
People from different cultures can have very ________ personal ethics
What are two illegal market practices that violate fair competition in business?
Predatory pricing and monopolistic behavior.
What are the biggest consequences someone can face for severe unethical workplace crimes?
Misdemeanor charges, jail time, or prison time.