WGU C201 – Business Ethics Objective Assessment | OA | Questions and Answers | 2026
Update | 100% Correct.
SECTION 1: Foundations of Business Ethics (HEAVILY
TESTED)
1. What is business ethics?
Answer: The study of moral principles and standards that guide behavior in business decisions.
2. How do ethics differ from laws?
Answer: Laws set minimum legal standards; ethics go beyond the law to define what is morally
right.
3. Why are ethics important in business?
Answer: They build trust, reduce risk, protect stakeholders, and support long-term success.
4. What is corporate social responsibility (CSR)?
Answer: A company’s obligation to consider social, environmental, and economic impacts of its
actions.
5. Who are stakeholders?
Answer: Individuals or groups affected by a company’s decisions (e.g., employees, customers,
shareholders, community).
SECTION 2: Ethical Theories & Frameworks
(EXTREMELY HEAVY)
6. What is utilitarianism?
,Answer: An ethical theory that focuses on outcomes—choosing actions that maximize overall
good.
7. What is deontology?
Answer: An ethical theory focused on duties and rules, regardless of outcomes.
8. What is virtue ethics?
Answer: An approach that emphasizes moral character and virtues rather than rules or
consequences.
9. Which theory focuses MOST on consequences?
Answer: Utilitarianism
10. Which theory emphasizes moral duties and obligations?
Answer: Deontology
11. Which theory asks, “What would a good person do?”
Answer: Virtue ethics
SECTION 3: Ethical Decision-Making Models (VERY
HEAVY)
12. What is the first step in ethical decision-making?
Answer: Identify the ethical issue or dilemma.
, 13. Why is stakeholder analysis important in decision-making?
Answer: It ensures all affected parties are considered before choosing an action.
14. What does evaluating alternatives involve?
Answer: Assessing potential actions using ethical principles and likely consequences.
15. What is the final step in ethical decision-making?
Answer: Reflecting on the outcome and adjusting future behavior.
SECTION 4: Corporate Governance & Leadership
(HEAVILY TESTED)
16. What is corporate governance?
Answer: The system of rules, practices, and processes used to direct and control an organization.
17. What is the primary role of a board of directors?
Answer: Oversight of management and protection of shareholder interests.
18. How does ethical leadership influence organizations?
Answer: It sets the tone for ethical behavior and culture.
19. What is “tone at the top”?
Answer: The ethical climate established by senior leadership.
Update | 100% Correct.
SECTION 1: Foundations of Business Ethics (HEAVILY
TESTED)
1. What is business ethics?
Answer: The study of moral principles and standards that guide behavior in business decisions.
2. How do ethics differ from laws?
Answer: Laws set minimum legal standards; ethics go beyond the law to define what is morally
right.
3. Why are ethics important in business?
Answer: They build trust, reduce risk, protect stakeholders, and support long-term success.
4. What is corporate social responsibility (CSR)?
Answer: A company’s obligation to consider social, environmental, and economic impacts of its
actions.
5. Who are stakeholders?
Answer: Individuals or groups affected by a company’s decisions (e.g., employees, customers,
shareholders, community).
SECTION 2: Ethical Theories & Frameworks
(EXTREMELY HEAVY)
6. What is utilitarianism?
,Answer: An ethical theory that focuses on outcomes—choosing actions that maximize overall
good.
7. What is deontology?
Answer: An ethical theory focused on duties and rules, regardless of outcomes.
8. What is virtue ethics?
Answer: An approach that emphasizes moral character and virtues rather than rules or
consequences.
9. Which theory focuses MOST on consequences?
Answer: Utilitarianism
10. Which theory emphasizes moral duties and obligations?
Answer: Deontology
11. Which theory asks, “What would a good person do?”
Answer: Virtue ethics
SECTION 3: Ethical Decision-Making Models (VERY
HEAVY)
12. What is the first step in ethical decision-making?
Answer: Identify the ethical issue or dilemma.
, 13. Why is stakeholder analysis important in decision-making?
Answer: It ensures all affected parties are considered before choosing an action.
14. What does evaluating alternatives involve?
Answer: Assessing potential actions using ethical principles and likely consequences.
15. What is the final step in ethical decision-making?
Answer: Reflecting on the outcome and adjusting future behavior.
SECTION 4: Corporate Governance & Leadership
(HEAVILY TESTED)
16. What is corporate governance?
Answer: The system of rules, practices, and processes used to direct and control an organization.
17. What is the primary role of a board of directors?
Answer: Oversight of management and protection of shareholder interests.
18. How does ethical leadership influence organizations?
Answer: It sets the tone for ethical behavior and culture.
19. What is “tone at the top”?
Answer: The ethical climate established by senior leadership.
