A Table Representing the Tests Used to Make Ethical Business

question 101

Multiple Choice

A table representing the tests used to make ethical business decisions



-John is a very competitive student and works hard to do well in his studies.His mentor Sam encourages him to be honest in all his efforts.One day John cheats in an exam and although no one is the wiser, John feels he has failed the moral mentor test.Given this information, which of the following ethical questions is the best explanation for his response?

• A)Am I justified in cheating because winning is everything?
• B)Would I like to be on the receiving end of this action and all its potential consequences?
• C)Would the person I admire the most engage in this activity?
• D)Will I be able to look myself in the mirror and respect the person I see there?
• E)Would I want to see this action described on the front page of the local paper?

---

Definitions:

Business Profits

The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with sustaining the business operations.

Business Purpose

Business purpose is the fundamental reason for an organization's existence, beyond just making a profit, often reflecting its values, mission, and the needs it seeks to fulfill.

Discretionary Responsibility

The expectation for businesses or individuals to take actions that are not mandated by laws or regulations, but are considered ethically correct.