Ethical Dilemmas in Business

question 254

Multiple Choice

Ethical dilemmas in business

• A) force us to make poor choices.
• B) always end up bringing out the best in us.
• C) often force us to choose between equally unsatisfactory alternatives.
• D) define us as being moral absolutists or moral situationalists.

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Definitions:

Equity

The concept of fairness or justice in the way people are treated, or the value of shares owned in a company.

Voice

In the context of labor relations, voice refers to the ability of workers to express their opinions, grievances, or suggestions, typically through a union or other representative body.

Human Resource Management

The strategic approach to managing people in an organization, focusing on policies and systems to maximize employee performance and achieve organizational goals.

Efficiency

The ability to accomplish a job with a minimum expenditure of time and resources.