Exam 15: Incorporating Ethics and Social Responsibility Into the Business

Most ethical dilemmas require balancing conflict among three perspectives: ideals (what ought to be true), reality (what is actually true), and utility or cost/benefit.

In the context of the components of company vision, _____ are the means to execute the strategies for achieving the goals of a company.

The process of developing _____ begins with a company's self-examination to identify values held by individuals and alert everyone to inconsistencies in how people deal with particular issues.

Entrepreneurs who play too close to the edge of legality are in danger of

Most ethical issues are not criminal acts but rather small dilemmas that present themselves with great regularity every day.

Ethics derives from the cultural, social, political, and ethnical norms with which people were raised as children.

A small company can have a socially responsible impact on its community if it does a few things by way of preparation. First, the company needs to

Which of the following is NOT one of the four categories of ethical decision making that entrepreneurs face on a daily basis that has been identified by recent research?

_____ is a critical first step in identifying and assessing an ethical dilemma.

All of the following are examples of poor ethics EXCEPT