________________ Refers to Rules of Conduct by Which Individuals, Social

question 85

Essay

________________ refers to rules of conduct by which individuals, social groups, and societies evaluate their actions from the perspective of moral principles and values.

Identify the importance of honesty, integrity, and virtue in business ethics.

Understand the impact of misleading communications, including fraud, on stakeholders.

Differentiate ethical issues from legal issues in business practices.

Comprehend the role of ethical decision-making in the business context, including the beginning of the ethical decision-making process.

---

Definitions:

Expectation-States Theory

A social theory that explains how individuals' expectations in a group setting influence the dynamics of status and influence within the group.

Status Characteristics

Attributes or qualities that influence an individual's standing or prestige within a social hierarchy, affecting interactions and perceptions.

Ascribed

A status or attribute assigned at birth or assumed involuntarily later in life, not based on individual merit or achievement.

Foot-In-The-Door Technique

A compliance method where persuading someone to agree to a small request increases the likelihood of agreement to a larger request later.