WGU - Fundamentals for Success in Business - D072 questions with correct answers

Personal Ethics CORRECT ANSWER refers to the ethics a person identifies with, which guides how they interact with others daily. Organizational ethics CORRECT ANSWER focuses on rules, principles and standards in respect to the business' activities Identify how ethics impact outcomes in organizations CORRECT ANSWER · Organizations tainted by questionable ethics suffer by a decline in their consumer base, increase employee turnover, and mistrust from their investor's. · Setting an unrealistic goal can lead to the compromise of ethics and standards. Example of personal ethics CORRECT ANSWER Speaking the truth, respecting elders, and never purposely hurt others. Example of professional ethics. CORRECT ANSWER Being punctual, refraining from gossip, and having good time management Provide an example of when personal and professional ethics may conflict CORRECT ANSWER Under the 'Code of Conduct,' police officers are obligated to enforce and uphold the law even if they don't agree with it. What are the 4 main ethical issues and their roles within organizations CORRECT ANSWER Societal, Stakeholder Issues, Internal Issues, Personal Issues Societal Issues CORRECT ANSWER Relates to society and getting involve in societal issues out of care and concern. Stakeholder Issues CORRECT ANSWER Anyone affected by the company's actions (consumers, employees, suppliers, and people within the community).