The Business Case for an Ethical Strategy

question 33

Multiple Choice

The business case for an ethical strategy

• A) focuses primarily on costs that are difficult to quantify (for example, customer defections and adverse effects on employee productivity) but can often be the most devastating.
• B) emphasizes that pursuing unethical strategies not only damages a company's reputation but can also have costly consequences that are wide ranging.
• C) starts with numerous ethical rules and guidelines and an environment where employees rely on these rules for moral guidance.
• D) starts with managers who understand there is big difference between adopting values statements and codes of ethics that serve merely as window dressing and those that truly paint the white lines for a company's actual strategy and business conduct.
• E) begins with ethical guidelines that help send the message that management takes the observance of ethical norms seriously and that behavior falling outside ethical boundaries will have negative consequences.

Explain the concept of direct democracy and identify examples of its application.

Describe the principles of representative democracy and how it differs from direct democracy.

Comprehend the historical demand for "no taxation without representation" and its significance in political reform.

Define the role and characteristics of government institutions in society.

---

Definitions:

Deontological

An ethical theory based on the principle that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action.

Freedom Of Information Act

A U.S. law that grants public access to records held by federal agencies, aiming to ensure government transparency.

Public Access

The ability of the general public to access certain physical or digital areas, documents, or services, often pertaining to government information or media broadcasting.

Compassion

The emotional response of caring for and wanting to help someone who is in need or suffering.