WGU DO72 STUDY GUIDE 2023 COMPLETE SOLUTION

WGU DO72 STUDY GUIDE 2023 COMPLETE SOLUTION Distinguish between personal and organizational ethics - 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. (These tend to happen when the desire for profit outweighs ethical decision-making.) · Organizations who practices good ethical behaviour are more likely to flourish and are trusted by their stakeholders. 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