Saylor Academy BUS200 Business Ethics
Exam Questions and Answers with Verified
Solutions | Latest Updated 2026
What is a stakeholder? A person who is impacted by a business
decision
Give me 5 examples of Clients, Customers, Suppliers, Investors,
stakeholders Retailers,
Employees, Media, Government,
Environment,
Community, Competitors
What are normative ethical How people should behave
theories
concerned with?
Name 3 prevalent normative Utilitarianism, Deontology, and Virtue
ethical Ethics
theories
What is corporate social The idea that businesses should act
responsibility (CSR)? responsibly by
considering how their actions impact
society and
the environment.
, What three things does a triple Potential impacts to People, Planet, and
bottom line (TBL) approach Profit
measure?
What is a fiduciary duty? The legal and ethical responsibility
companies and
employees have to create profit for
business
owners, partners, or members.
What are virtue ethics? An ethical system that emphasizes the
development of good character.
What is eudaimonia? A state of happiness or well-being
achieved by
leading a virtuous life. Aristotle believed
this state
of fulfillment could be achieved by living a
life of
virtue, purpose, and reason.
According to Confucius, what is "The Way," where humanity was the
the answer to
"dao" of humanity? rampant lawlessness. Confucius believed
people
were inherently good.
What is a junzi? Someone who is gracious, magnanimous,
and
cultured. A junzi exhibits refinement,
self-control,
and balance in all things.
Exam Questions and Answers with Verified
Solutions | Latest Updated 2026
What is a stakeholder? A person who is impacted by a business
decision
Give me 5 examples of Clients, Customers, Suppliers, Investors,
stakeholders Retailers,
Employees, Media, Government,
Environment,
Community, Competitors
What are normative ethical How people should behave
theories
concerned with?
Name 3 prevalent normative Utilitarianism, Deontology, and Virtue
ethical Ethics
theories
What is corporate social The idea that businesses should act
responsibility (CSR)? responsibly by
considering how their actions impact
society and
the environment.
, What three things does a triple Potential impacts to People, Planet, and
bottom line (TBL) approach Profit
measure?
What is a fiduciary duty? The legal and ethical responsibility
companies and
employees have to create profit for
business
owners, partners, or members.
What are virtue ethics? An ethical system that emphasizes the
development of good character.
What is eudaimonia? A state of happiness or well-being
achieved by
leading a virtuous life. Aristotle believed
this state
of fulfillment could be achieved by living a
life of
virtue, purpose, and reason.
According to Confucius, what is "The Way," where humanity was the
the answer to
"dao" of humanity? rampant lawlessness. Confucius believed
people
were inherently good.
What is a junzi? Someone who is gracious, magnanimous,
and
cultured. A junzi exhibits refinement,
self-control,
and balance in all things.
