When Corruption Is Present in the Business Environment

question 103

Multiple Choice

When corruption is present in the business environment:

• A) company leaders can threaten competitors and minimize competition.
• B) factories are easier to build without a government permit.
• C) it promotes fair competition.
• D) laborers can make more money.

Understand what steps can reduce the need for whistle-blowing in organizations.

Identify and understand the different ethical and social responsibility strategies within business contexts.

Recognize the act of whistle-blowing and its implications on ethics and accountability in business.

Comprehend the concept of enlightened self-interest and its relevance to ethical business practices.

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Definitions:

Personal Wellness

The holistic approach to maintaining a healthy balance of the mind, body, and spirit that contributes to overall well-being and quality of life.

Fringe Benefit

Additional compensation provided to employees beyond their base salary, such as health insurance, retirement benefits, and paid vacations.

Health-Promotion Program

Initiatives designed to improve individual or community health through preventive measures and lifestyle changes.

Destructive Stress

A level of stress that negatively impacts an individual's mental, physical, and emotional well-being.