WGU D072 Fundamentals for Success in Business Pre-Assessment Complete Prep
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What are VALUES? - (answer)The core beliefs that guide decisions and behavior, helping individuals
distinguish right from wrong.
What are MORALS? - (answer)Specific rules derived from core values that guide our actions. Shared
values within a community.
What are ETHICS? - (answer)Guidelines, often referred to as code of conduct, that organizations use to
shape behavior based on shared values.
What is a Code of Conduct? - (answer)A set of guidelines and standards that outline the expected
behavior, ethical practices, and responsibilities of individuals within an organization, ensuring
consistency, professionalism, and integrity in their action.
What are some traits of businesses that utilize Organizational Ethics? - (answer)Better reputation,
stronger customer loyalty, stakeholder trust, often lead the way in making the world a better place.
What are the 4 main levels of ethical issues within organizations? - (answer)1.) Societal Issues
(environmental)
2.) Stakeholder Issues (policies that affect customers, employees, suppliers, and people within the
community)
3.) Internal Policy Issues (the relationship between the company and its employees)
4.) Personal Issues (interactions between people within the organization. Gossip)
What's the relationship between laws and personal ethics? - (answer)For issues that law doesn't cover,
sometimes personal ethics can fill the void.
What are STAKEHOLDERS? - (answer)Individuals or groups affected by a decision, such as employees,
customers, investors, and the community.
,WGU D072 Fundamentals for Success in Business Pre-Assessment Complete Prep
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What are some traits of businesses with questionable ethics? - (answer)Dwindling customer bases,
employee turnover, investor mistrust, fines and lawsuits.
What is the Ethics and Compliance Initiative (ECI)? - (answer)It suggest that the ethical tone of a
business is set by the organizational leadership.
Where to ethics and integrity tend to start (or fail)? - (answer)At the top and then it "trickles" down.
What happens if executives set unrealistic goals and failure carries severe personal consequences? -
(answer)Employees may feel pressured to compromise ethical standards.
What does CSR stand for? - (answer)Corporate Social Responsibility
What is the purpose of CSR? - (answer)Focuses on showing how businesses can positively impact society
through activities like charity work, volunteering, environmental projects, and humanitarian efforts.
Businesses show CSR even if the ethical solution might also generate a loss for the organization.
Who does CSR more benefit? - (answer)Stakeholders with less influence, like people living near
corporate offices or factories.
What are CSOs? - (answer)Chief Officers of Corporate Social Responsibility/Chief Sustainability Officers.
Executives that manage efforts to make a profit while also benefiting society.
What are some types of stakeholders? - (answer)Community members, employees, customers,
shareholders, suppliers, government agencies.
What is Social Entrepreneurship? - (answer)The use of innovative business methods to address social or
environmental issues while generating profit.
, WGU D072 Fundamentals for Success in Business Pre-Assessment Complete Prep
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What is the purpose of bringing issues to public attention? - (answer)Activists can mobilize community
support, pressuring companies to adopt genuine sustainability practices.
What is the World Trade Organization (WTO)? - (answer)Oversees trade agreements between nations to
ensure stability and fairness in global trade.
What is a Code of Ethics? - (answer)A code of conduct that clearly states what ethical behavior looks
like, makes sure everyone knows their ethical duties, and openly shares the company's main values and
its commitments to those it serves.
What are some key ethical principles that a company may adopt? - (answer)Integrity, compliance with
laws, fair treatment, confidentiality, conflict of interest (avoiding), respect for human rights,
environmental responsibility, endorsing a green workplace, CSR
What is GREENWASHING? - (answer)When an organization carries out corporate social responsibility
missions in an inauthentic way, using those initiatives to increase publicity rather than to promote real
change.
What is Corporate Governance? - (answer)Involves rules and guidelines on how a company is run,
aiming to prevent fraud and corruption by encouraging openness, responsibility, and ethical conduct.
What is External Transparency? - (answer)Focuses on sharing information with stakeholders.
What is Internal Transparency? - (answer)Involves clear communication with employees about policies,
decisions, and performance.
What is a WHISTLEBLOWER? - (answer)Someone who exposes suspected misconduct in a government
agency, company, or organization, often motivated by moral principles.
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What are VALUES? - (answer)The core beliefs that guide decisions and behavior, helping individuals
distinguish right from wrong.
What are MORALS? - (answer)Specific rules derived from core values that guide our actions. Shared
values within a community.
What are ETHICS? - (answer)Guidelines, often referred to as code of conduct, that organizations use to
shape behavior based on shared values.
What is a Code of Conduct? - (answer)A set of guidelines and standards that outline the expected
behavior, ethical practices, and responsibilities of individuals within an organization, ensuring
consistency, professionalism, and integrity in their action.
What are some traits of businesses that utilize Organizational Ethics? - (answer)Better reputation,
stronger customer loyalty, stakeholder trust, often lead the way in making the world a better place.
What are the 4 main levels of ethical issues within organizations? - (answer)1.) Societal Issues
(environmental)
2.) Stakeholder Issues (policies that affect customers, employees, suppliers, and people within the
community)
3.) Internal Policy Issues (the relationship between the company and its employees)
4.) Personal Issues (interactions between people within the organization. Gossip)
What's the relationship between laws and personal ethics? - (answer)For issues that law doesn't cover,
sometimes personal ethics can fill the void.
What are STAKEHOLDERS? - (answer)Individuals or groups affected by a decision, such as employees,
customers, investors, and the community.
,WGU D072 Fundamentals for Success in Business Pre-Assessment Complete Prep
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What are some traits of businesses with questionable ethics? - (answer)Dwindling customer bases,
employee turnover, investor mistrust, fines and lawsuits.
What is the Ethics and Compliance Initiative (ECI)? - (answer)It suggest that the ethical tone of a
business is set by the organizational leadership.
Where to ethics and integrity tend to start (or fail)? - (answer)At the top and then it "trickles" down.
What happens if executives set unrealistic goals and failure carries severe personal consequences? -
(answer)Employees may feel pressured to compromise ethical standards.
What does CSR stand for? - (answer)Corporate Social Responsibility
What is the purpose of CSR? - (answer)Focuses on showing how businesses can positively impact society
through activities like charity work, volunteering, environmental projects, and humanitarian efforts.
Businesses show CSR even if the ethical solution might also generate a loss for the organization.
Who does CSR more benefit? - (answer)Stakeholders with less influence, like people living near
corporate offices or factories.
What are CSOs? - (answer)Chief Officers of Corporate Social Responsibility/Chief Sustainability Officers.
Executives that manage efforts to make a profit while also benefiting society.
What are some types of stakeholders? - (answer)Community members, employees, customers,
shareholders, suppliers, government agencies.
What is Social Entrepreneurship? - (answer)The use of innovative business methods to address social or
environmental issues while generating profit.
, WGU D072 Fundamentals for Success in Business Pre-Assessment Complete Prep
Questions with 100% Correct Answers Graded A+/ D072 Pre-Assessment Test
What is the purpose of bringing issues to public attention? - (answer)Activists can mobilize community
support, pressuring companies to adopt genuine sustainability practices.
What is the World Trade Organization (WTO)? - (answer)Oversees trade agreements between nations to
ensure stability and fairness in global trade.
What is a Code of Ethics? - (answer)A code of conduct that clearly states what ethical behavior looks
like, makes sure everyone knows their ethical duties, and openly shares the company's main values and
its commitments to those it serves.
What are some key ethical principles that a company may adopt? - (answer)Integrity, compliance with
laws, fair treatment, confidentiality, conflict of interest (avoiding), respect for human rights,
environmental responsibility, endorsing a green workplace, CSR
What is GREENWASHING? - (answer)When an organization carries out corporate social responsibility
missions in an inauthentic way, using those initiatives to increase publicity rather than to promote real
change.
What is Corporate Governance? - (answer)Involves rules and guidelines on how a company is run,
aiming to prevent fraud and corruption by encouraging openness, responsibility, and ethical conduct.
What is External Transparency? - (answer)Focuses on sharing information with stakeholders.
What is Internal Transparency? - (answer)Involves clear communication with employees about policies,
decisions, and performance.
What is a WHISTLEBLOWER? - (answer)Someone who exposes suspected misconduct in a government
agency, company, or organization, often motivated by moral principles.
