WGU D072 Fundamentals for Success in Business
Section 1 and 3 Exam 45 Questions with Verified
Answers
All three guide human behavior and decision-making. - CORRECT ANSWER
Similarities of Ethics, Morals, and Values
Values are fundamental beliefs, morals are shaped by society, and ethics are the
actions taken based on morals. - CORRECT ANSWER Differences of Ethics, Morals,
and Values
Actions that are permitted by law, regardless of ethical implications. - CORRECT
ANSWER Legal
A company paying employees a living wage even though the minimum wage is
lower. - CORRECT ANSWER Example of Legal-Ethical
A business laying off employees via email without prior notice. - CORRECT
ANSWER Example of Legal-Unethical
A person stealing food to feed a starving child. - CORRECT ANSWER Example of
Illegal-Ethical Conflict
A situation where personal interests interfere with professional responsibilities. -
CORRECT ANSWER Conflict of Interest
, A lawyer representing both parties in a divorce case. - CORRECT ANSWER Example
of Conflict of Interest
Employees may experience stress, ethical dilemmas, or whistleblowing situations.
- CORRECT ANSWER What happens when organizational ethics conflict with
personal ethics?
Positive reputation, customer loyalty, employee satisfaction, legal compliance, and
long-term financial growth. - CORRECT ANSWER Implications of Ethical Business
Behavior
Loss of trust, legal consequences, employee dissatisfaction, damage to reputation,
and financial losses. - CORRECT ANSWER Implications of Unethical Business
Behavior
A company's commitment to ethical practices, social well-being, and sustainability
beyond legal requirements. - CORRECT ANSWER Corporate Social Responsibility
(CSR)
A company offering free coding education for underprivileged students. -
CORRECT ANSWER Example of CSR
Employees, customers, investors, suppliers, community, and government. -
CORRECT ANSWER Six Company Stakeholders
Higher wages and better working conditions. - CORRECT ANSWER How Employees
Benefit from CSR
Section 1 and 3 Exam 45 Questions with Verified
Answers
All three guide human behavior and decision-making. - CORRECT ANSWER
Similarities of Ethics, Morals, and Values
Values are fundamental beliefs, morals are shaped by society, and ethics are the
actions taken based on morals. - CORRECT ANSWER Differences of Ethics, Morals,
and Values
Actions that are permitted by law, regardless of ethical implications. - CORRECT
ANSWER Legal
A company paying employees a living wage even though the minimum wage is
lower. - CORRECT ANSWER Example of Legal-Ethical
A business laying off employees via email without prior notice. - CORRECT
ANSWER Example of Legal-Unethical
A person stealing food to feed a starving child. - CORRECT ANSWER Example of
Illegal-Ethical Conflict
A situation where personal interests interfere with professional responsibilities. -
CORRECT ANSWER Conflict of Interest
, A lawyer representing both parties in a divorce case. - CORRECT ANSWER Example
of Conflict of Interest
Employees may experience stress, ethical dilemmas, or whistleblowing situations.
- CORRECT ANSWER What happens when organizational ethics conflict with
personal ethics?
Positive reputation, customer loyalty, employee satisfaction, legal compliance, and
long-term financial growth. - CORRECT ANSWER Implications of Ethical Business
Behavior
Loss of trust, legal consequences, employee dissatisfaction, damage to reputation,
and financial losses. - CORRECT ANSWER Implications of Unethical Business
Behavior
A company's commitment to ethical practices, social well-being, and sustainability
beyond legal requirements. - CORRECT ANSWER Corporate Social Responsibility
(CSR)
A company offering free coding education for underprivileged students. -
CORRECT ANSWER Example of CSR
Employees, customers, investors, suppliers, community, and government. -
CORRECT ANSWER Six Company Stakeholders
Higher wages and better working conditions. - CORRECT ANSWER How Employees
Benefit from CSR
