Question

directions: fill in the blank
introduction to business ethics

1. ______________ play a significant role in the workplace, because they enhance the image of a business, inspire leaders and employees to do the right thing, encourage organizations to take ______________________ and make differences, and help lead businesses to success.
2. stephen potts, former chairman of the ethics resource center in the united states, defines ethics as \a set of __________________ of conduct that guide decisions and actions based on __________________ derived from core values.\
3. there is a difference between ____________, ethical and __________________ behaviors.
4. our law is a system of rules ________________ establishes to _____________ order and protect people and properties from harm.
5. murder, theft and stealing are ______________ behaviors that are also _______________

unethical behaviors in business

1. ______________ _________________ can devastate any business or organization.
2. ______________ _________________ can not only hurt other people and organizations, but it can also in turn become very costly for the business itself.

Explanation:

1. Fills blanks with key business ethics concepts that match the described workplace impacts.
2. Uses the standard definition of ethics from the given source.
3. Identifies the three common categories of behavioral standards.
4. Describes the core function and enactor of legal rules.
5. Classifies these acts as both illegal and unethical, as they violate laws and moral standards.
6. Names the severe, organization-harming unethical business behavior.
7. Identifies the unethical act that harms others and the business itself.

Answer:

1. Business ethics play a significant role in the workplace, because they enhance the image of a business, inspire leaders and employees to do the right thing, encourage organizations to take responsible actions and make differences, and help lead businesses to success.
2. Stephen Potts, former Chairman of the Ethics Resource Center in the United States, defines ethics as "a set of standards of conduct that guide decisions and actions based on principles derived from core values."
3. There is a difference between illegal, ethical and unethical behaviors.
4. Our law is a system of rules the government establishes to maintain order and protect people and properties from harm.
5. Murder, theft and stealing are illegal behaviors that are also unethical.
6. Corporate fraud can devastate any business or organization.
7. Deceptive advertising can not only hurt other people and organizations, but it can also in turn become very costly for the business itself.