FUNDAMENTALS FOR SUCCESS IN
BUSINESS - D072 QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS ALREADY PASSED!!!!
Question 1
A retail company frequently updates its principles, rules, and guidelines to
reflect input by employees. Which level of organizational ethics is being
illustrated by this company?
Internal policy issues
Societal issues
Stakeholder issues
Personal issues
✔✔ ANSWER: Internal policy issues
Rationale: Internal policy issues address operational guidelines and relationships
between a company and its employees. Updating workplace rules and guidelines
based on employee feedback directly targets fair internal governance and employee
participation.
Question 2
A company insists on treating suppliers with respect and refuses to push them
to the lowest pricing possible. Which level of organizational ethics is being
used by this company?
Stakeholder's issues
Societal issues
Internal policy issues
Personal issues
✔✔ ANSWER: Stakeholder's issues
,Rationale: Stakeholder issues cover ethical duties toward groups external to
direct management who are affected by business operations—such as suppliers,
customers, vendors, and local communities. Choosing fair vendor pricing over
predatory negotiation reflects ethical commitment to key supply chain partners.
Question 3
A job candidate asks questions during an interview to determine whether
their personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
Values
Operating procedures
Organizational culture
Cultural diversity
✔✔ ANSWER: Values
Rationale: Values are stable life goals and beliefs that define what matters most to
an individual. Evaluating alignment between one's overarching personal goals and
an organization's mission is an assessment of person-organization fit driven by core
values.
A judge believes that the use of cannabis should never be allowed regardless of the
situation due to personal principles of what is right and wrong. A law was recently
passed, however, allowing individuals to use cannabis.
Which type of issue does the judge face?
Legal-unethical
3 multiple choice options
Who is responsible for setting the ethical tone of a corporation?
Managers
3 multiple choice options
, An employee in the accounting department discovers that an element in the
financial statement is not in compliance with the company's required financial
record keeping. The employee reports this to management. The manager instructs
the employee to take no action. What next step should the employee consider
taking?
Report to higher level management
3 multiple choice options
Speaking the truth, respecting my elders, and never purposely hurting someone are
examples of _________ ethics.
personal
Offering paid services on your time off to a company customer is an example of a
_____________?
conflict of interest
__________ reflects beliefs about what is right and what is wrong.
ethics
Being punctual, refraining from gossip, and having good time management are
examples of _________ ethics.
professional
BUSINESS - D072 QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS ALREADY PASSED!!!!
Question 1
A retail company frequently updates its principles, rules, and guidelines to
reflect input by employees. Which level of organizational ethics is being
illustrated by this company?
Internal policy issues
Societal issues
Stakeholder issues
Personal issues
✔✔ ANSWER: Internal policy issues
Rationale: Internal policy issues address operational guidelines and relationships
between a company and its employees. Updating workplace rules and guidelines
based on employee feedback directly targets fair internal governance and employee
participation.
Question 2
A company insists on treating suppliers with respect and refuses to push them
to the lowest pricing possible. Which level of organizational ethics is being
used by this company?
Stakeholder's issues
Societal issues
Internal policy issues
Personal issues
✔✔ ANSWER: Stakeholder's issues
,Rationale: Stakeholder issues cover ethical duties toward groups external to
direct management who are affected by business operations—such as suppliers,
customers, vendors, and local communities. Choosing fair vendor pricing over
predatory negotiation reflects ethical commitment to key supply chain partners.
Question 3
A job candidate asks questions during an interview to determine whether
their personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
Values
Operating procedures
Organizational culture
Cultural diversity
✔✔ ANSWER: Values
Rationale: Values are stable life goals and beliefs that define what matters most to
an individual. Evaluating alignment between one's overarching personal goals and
an organization's mission is an assessment of person-organization fit driven by core
values.
A judge believes that the use of cannabis should never be allowed regardless of the
situation due to personal principles of what is right and wrong. A law was recently
passed, however, allowing individuals to use cannabis.
Which type of issue does the judge face?
Legal-unethical
3 multiple choice options
Who is responsible for setting the ethical tone of a corporation?
Managers
3 multiple choice options
, An employee in the accounting department discovers that an element in the
financial statement is not in compliance with the company's required financial
record keeping. The employee reports this to management. The manager instructs
the employee to take no action. What next step should the employee consider
taking?
Report to higher level management
3 multiple choice options
Speaking the truth, respecting my elders, and never purposely hurting someone are
examples of _________ ethics.
personal
Offering paid services on your time off to a company customer is an example of a
_____________?
conflict of interest
__________ reflects beliefs about what is right and what is wrong.
ethics
Being punctual, refraining from gossip, and having good time management are
examples of _________ ethics.
professional
