Business ethics comprises the principles and standards that guide behavior of individuals and groups in the world of business.
True
False
A(n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
crisis
ethical issue
indictment
fraud
Which moral philosophy seeks the greatest good for the greatest number of people?
Consequentialism
Utilitarianism
Egoism
Ethical formalism
What type of justice exists if employees are being open, honest, and truthful in their communications at work?
Procedural
Distributive
Ethical
Interactional
Ethical climate is an aspect of corporate culture that relates to an organization's expectations about appropriate conduct.