WGU D072 Fundamentals
WGU for D072
Success
Fundamentals
in Business
WGUfor
Study
D072
Success
Guide
Fundamentals
inKey
Business
Concepts
for
Study
Success
and
Guide
Exam
inKey
Business
Questions
Concepts
Study
(1).pdf
andGuide
ExamKey
Questions
Concepts
(1).pdf
and Exam Questions (1).pdf
WGU D072
Fundamentals for
Success in
Business Study
Guide Key
Concepts and
Exam Questions
WGU D072 Fundamentals
WGU for D072
Success
Fundamentals
in Business
WGUfor
Study
D072
Success
Guide
Fundamentals
inKey
Business
Concepts
for
Study
Success
and
Guide
Exam
inKey
Business
Questions
Concepts
Study
(1)and
Guide
ExamKey
Questions
Concepts
(1).pdf
and Exam Questions (1).pdf
,WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
Personal Ethics refers to the ethics a person identifies with, which guides how they interact with
others daily.
Organizational ethics focuses on rules, principles and standards in respect to the business' activities
Identify how ethics impact outcomes in organizations · 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 Speaking the truth, respecting elders, and never purposely hurt others.
Example of professional ethics. Being punctual, refraining from gossip, and having good time management
Provide an example of when personal and professional Under the 'Code of Conduct,' police officers are obligated to enforce and
ethics may conflict uphold the law even if they don't agree with it.
What are the 4 main ethical issues and their roles within Societal, Stakeholder Issues, Internal Issues, Personal Issues
organizations
Societal Issues Relates to society and getting involve in societal issues out of care and concern.
WGU - Fundamentals for Success in Business - D072 WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
, WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
Stakeholder Issues Anyone affected by the company's actions (consumers, employees, suppliers,
and people within the community).
Internal issues Relates to relationship between organization and its employees (fairness in
management, pay, and employee participation).
Personal Issues Deals with how employees treat each other (gossiping, taking credit for
someone else's work).
What are some benefits to an organization that benefit from the trust of their stakeholders and has a competitive advantage in
practices high ethics? the marketplace.
Define Corporate Social Responsibility (CSR). when an organization voluntarily engages in issues that are affecting the
environment, community or society at large.
What is the importance of CSR in the organization and · It's beneficial to both the organization and its stakeholders. It creates long-
in the community? term profits and shareholder's trust for the organization.
· Attract consumers who share the same values.
· Increases organization's brand image (awareness) /creates a better image
· Creates an advantage over competitors.
WGU - Fundamentals for Success in Business - D072 WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
WGU for D072
Success
Fundamentals
in Business
WGUfor
Study
D072
Success
Guide
Fundamentals
inKey
Business
Concepts
for
Study
Success
and
Guide
Exam
inKey
Business
Questions
Concepts
Study
(1).pdf
andGuide
ExamKey
Questions
Concepts
(1).pdf
and Exam Questions (1).pdf
WGU D072
Fundamentals for
Success in
Business Study
Guide Key
Concepts and
Exam Questions
WGU D072 Fundamentals
WGU for D072
Success
Fundamentals
in Business
WGUfor
Study
D072
Success
Guide
Fundamentals
inKey
Business
Concepts
for
Study
Success
and
Guide
Exam
inKey
Business
Questions
Concepts
Study
(1)and
Guide
ExamKey
Questions
Concepts
(1).pdf
and Exam Questions (1).pdf
,WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
Personal Ethics refers to the ethics a person identifies with, which guides how they interact with
others daily.
Organizational ethics focuses on rules, principles and standards in respect to the business' activities
Identify how ethics impact outcomes in organizations · 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 Speaking the truth, respecting elders, and never purposely hurt others.
Example of professional ethics. Being punctual, refraining from gossip, and having good time management
Provide an example of when personal and professional Under the 'Code of Conduct,' police officers are obligated to enforce and
ethics may conflict uphold the law even if they don't agree with it.
What are the 4 main ethical issues and their roles within Societal, Stakeholder Issues, Internal Issues, Personal Issues
organizations
Societal Issues Relates to society and getting involve in societal issues out of care and concern.
WGU - Fundamentals for Success in Business - D072 WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
, WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
Stakeholder Issues Anyone affected by the company's actions (consumers, employees, suppliers,
and people within the community).
Internal issues Relates to relationship between organization and its employees (fairness in
management, pay, and employee participation).
Personal Issues Deals with how employees treat each other (gossiping, taking credit for
someone else's work).
What are some benefits to an organization that benefit from the trust of their stakeholders and has a competitive advantage in
practices high ethics? the marketplace.
Define Corporate Social Responsibility (CSR). when an organization voluntarily engages in issues that are affecting the
environment, community or society at large.
What is the importance of CSR in the organization and · It's beneficial to both the organization and its stakeholders. It creates long-
in the community? term profits and shareholder's trust for the organization.
· Attract consumers who share the same values.
· Increases organization's brand image (awareness) /creates a better image
· Creates an advantage over competitors.
WGU - Fundamentals for Success in Business - D072 WGU - Fundamentals for Success in Business - D072.pdf WGU - Fundamentals for Success in Business - D072.pdf
