Page |1
WGU - D072 - Fundamentals for Success in
Business Questions and Correct Answers/
Latest Update / Already Graded
What are VALUES?
Ans: The core beliefs that guide decisions and behavior,
helping individuals distinguish right from wrong.
What are MORALS?
Ans: Specific rules derived from core values that guide our
actions. Shared values within a community.
Whats3ares3ETHICS?
Ans: s3 Guidelines, s3 often s3 referred s3 tos3ass3code s3ofs3conduct, s3 that
s3 organizations s3 use s3 tos3 shape s3 behavior s3 based s3 ons3 shared s3 valu
es.
Whats3iss3as3Codes3ofs3Conduct?
Ans: s3 As3set s3ofs3guidelines s3 ands3standards s3 that s3outline s3 thes3ex
pected s3 behavior, s3 ethical s3 practices, s3 and s3 responsibilities s3 ofs3i
ndividuals s3 within s3 ans3organization, s3 ensuring s3 consistency, s3 pr
ofessionalism, s3 and s3integrity s3 ins3their s3 action.
Alls3rightss3reserveds3©s32025/s3202
6s3|
, Ps3as3gs3es3s3|s32
Whats3ares3somes3traitss3ofs3businessess3thats3utilizes3Organizationals3Ethics?
Ans: s3 Better s3 reputation, s3 stronger s3 customer s3 loyalty, s 3 stakehold
er s3 trust, s 3 oftens 3 lead s 3 thes 3 way s 3 ins 3 making s 3 the s 3 world s 3 as 3 better
s 3 place.
Whats3ares3thes34s3mains3levelss3ofs3ethicals3issuess3withins3organizations?
Ans: s 3 1.) s 3 Societal s 3 Issues s 3 (environmental)
2.) Stakeholder s3 Issues s3 (policies s3 that s3affect s3 customers, s
3 employees, s3 suppliers, s3 and s3 people s3 within s3 the s3 commun
ity)
3.) Internal s3 Policy s3 Issues s3 (the s3relationship s3 between s3 the s3comp
any s3 ands3its s3employees)
4.) Personal s3 Issues s3 (interactions s3 between s3 people s3 within s3
the s3organization. s3 Gossip)
What'ss3thes3relationships3betweens3lawss3ands3personals3ethics?
Ans: s3 Fors3issues s3that s3law s3doesn't s3 cover, s3 sometimes s3 persona
l s3 ethics s3 can s3fill s3the s3void.
Whats3ares3STAKEHOLDERS?
Ans: s3 Individuals s3 ors3groups s3 affected s3 bys3as3decision, s3 such s3ass 3
employees, s3 customers, s3 investors, s3 ands3thes3community.
Whats3ares3somes3traitss3ofs3businessess3withs3questionables3ethics?
Alls3rightss3reserveds3©s32025/s32026s3
|
, Ps3as3gs3es3s3|s33
Ans: s3 Dwindling s3 customer s3 bases, s3 employee s3 turnover, s3 invest
or s3 mistrust, s3 fines s3 ands3lawsuits.
Whats3iss3thes3Ethicss3ands3Compliances3Initiatives3(ECI)?
Ans: s3 Its3 suggest s3 that s3the s3ethical s3 tone s 3 ofs 3 as3 business s3 iss3set s3
bys3thes 3 organizational s3 leadership.
Wheres3tos3ethicss3ands3integritys3tends3tos3starts3(ors3fail)?
Ans: s 3 Ats 3 the s 3 top s 3 ands 3 then s 3 its 3 "trickles" s 3 down.
Whats3happenss3ifs3executivess3sets3unrealistics3goalss3ands3failures3carriess3
severes3personals3consequences?
Ans: s3 Employees s3 mays3feel s3pressured s3 tos3compromise s3 ethical s
3 standards.
Whats3doess3CSRs3stands3for?
Ans: s 3 Corporate s 3 Social s 3 Responsibility
Whats3iss3thes3purposes3ofs3CSR?
Ans: s3 Focuses s3 ons3showing s3 how s3businesses s3 can s3positively s3 impa
ct s3 society s3 through s3 activities s3 like s3 charity s3 work, s3volunteering,
Alls3rightss3reserveds3©s32025/s32026s3
|
, Ps3as3gs3es3s3|s34
environmental s3 projects, s3 ands3humanitarian s3 efforts. s3 Business
es s3 show s3 CSR s3even s3 ifs3the s3ethical s3 solution s3 might s3 also s3gener
ate s3 as3loss s 3 fors3the s3organization.
Whos3doess3CSRs3mores3benefit?
Ans: s3 Stakeholders s3 with s3less s3 influence, s3 like s3 people s3 living s3 n
ear s3 corporate s3 offices s3 ors3factories.
Whats3ares3CSOs?
Ans: s3 Chief s3 Officers s3 ofs3Corporate s3 Social s3 Responsibility/Chie
f s3 Sustainability s3 Officers.
Executives s3 that s3 manage s3 efforts s3 tos3make s3as3profit s3 while s3also
s3 benefiting s3 society.
Whats3ares3somes3typess3ofs3stakeholders?
Ans: s3 Community s3 members, s3 employees, s3 customers, s3 shareh
olders, s3 suppliers, s3 government s3 agencies.
Whats3iss3Socials3Entrepreneurship?
Ans: s3 The s3use s3ofs3innovative s3 business s3 methods s3 tos3address s3 s
ocial s3 ors3environmental s3 issues s3 while s3 generating s3 profit.
Alls3rightss3reserveds3©s32025/s32026s3
|
WGU - D072 - Fundamentals for Success in
Business Questions and Correct Answers/
Latest Update / Already Graded
What are VALUES?
Ans: The core beliefs that guide decisions and behavior,
helping individuals distinguish right from wrong.
What are MORALS?
Ans: Specific rules derived from core values that guide our
actions. Shared values within a community.
Whats3ares3ETHICS?
Ans: s3 Guidelines, s3 often s3 referred s3 tos3ass3code s3ofs3conduct, s3 that
s3 organizations s3 use s3 tos3 shape s3 behavior s3 based s3 ons3 shared s3 valu
es.
Whats3iss3as3Codes3ofs3Conduct?
Ans: s3 As3set s3ofs3guidelines s3 ands3standards s3 that s3outline s3 thes3ex
pected s3 behavior, s3 ethical s3 practices, s3 and s3 responsibilities s3 ofs3i
ndividuals s3 within s3 ans3organization, s3 ensuring s3 consistency, s3 pr
ofessionalism, s3 and s3integrity s3 ins3their s3 action.
Alls3rightss3reserveds3©s32025/s3202
6s3|
, Ps3as3gs3es3s3|s32
Whats3ares3somes3traitss3ofs3businessess3thats3utilizes3Organizationals3Ethics?
Ans: s3 Better s3 reputation, s3 stronger s3 customer s3 loyalty, s 3 stakehold
er s3 trust, s 3 oftens 3 lead s 3 thes 3 way s 3 ins 3 making s 3 the s 3 world s 3 as 3 better
s 3 place.
Whats3ares3thes34s3mains3levelss3ofs3ethicals3issuess3withins3organizations?
Ans: s 3 1.) s 3 Societal s 3 Issues s 3 (environmental)
2.) Stakeholder s3 Issues s3 (policies s3 that s3affect s3 customers, s
3 employees, s3 suppliers, s3 and s3 people s3 within s3 the s3 commun
ity)
3.) Internal s3 Policy s3 Issues s3 (the s3relationship s3 between s3 the s3comp
any s3 ands3its s3employees)
4.) Personal s3 Issues s3 (interactions s3 between s3 people s3 within s3
the s3organization. s3 Gossip)
What'ss3thes3relationships3betweens3lawss3ands3personals3ethics?
Ans: s3 Fors3issues s3that s3law s3doesn't s3 cover, s3 sometimes s3 persona
l s3 ethics s3 can s3fill s3the s3void.
Whats3ares3STAKEHOLDERS?
Ans: s3 Individuals s3 ors3groups s3 affected s3 bys3as3decision, s3 such s3ass 3
employees, s3 customers, s3 investors, s3 ands3thes3community.
Whats3ares3somes3traitss3ofs3businessess3withs3questionables3ethics?
Alls3rightss3reserveds3©s32025/s32026s3
|
, Ps3as3gs3es3s3|s33
Ans: s3 Dwindling s3 customer s3 bases, s3 employee s3 turnover, s3 invest
or s3 mistrust, s3 fines s3 ands3lawsuits.
Whats3iss3thes3Ethicss3ands3Compliances3Initiatives3(ECI)?
Ans: s3 Its3 suggest s3 that s3the s3ethical s3 tone s 3 ofs 3 as3 business s3 iss3set s3
bys3thes 3 organizational s3 leadership.
Wheres3tos3ethicss3ands3integritys3tends3tos3starts3(ors3fail)?
Ans: s 3 Ats 3 the s 3 top s 3 ands 3 then s 3 its 3 "trickles" s 3 down.
Whats3happenss3ifs3executivess3sets3unrealistics3goalss3ands3failures3carriess3
severes3personals3consequences?
Ans: s3 Employees s3 mays3feel s3pressured s3 tos3compromise s3 ethical s
3 standards.
Whats3doess3CSRs3stands3for?
Ans: s 3 Corporate s 3 Social s 3 Responsibility
Whats3iss3thes3purposes3ofs3CSR?
Ans: s3 Focuses s3 ons3showing s3 how s3businesses s3 can s3positively s3 impa
ct s3 society s3 through s3 activities s3 like s3 charity s3 work, s3volunteering,
Alls3rightss3reserveds3©s32025/s32026s3
|
, Ps3as3gs3es3s3|s34
environmental s3 projects, s3 ands3humanitarian s3 efforts. s3 Business
es s3 show s3 CSR s3even s3 ifs3the s3ethical s3 solution s3 might s3 also s3gener
ate s3 as3loss s 3 fors3the s3organization.
Whos3doess3CSRs3mores3benefit?
Ans: s3 Stakeholders s3 with s3less s3 influence, s3 like s3 people s3 living s3 n
ear s3 corporate s3 offices s3 ors3factories.
Whats3ares3CSOs?
Ans: s3 Chief s3 Officers s3 ofs3Corporate s3 Social s3 Responsibility/Chie
f s3 Sustainability s3 Officers.
Executives s3 that s3 manage s3 efforts s3 tos3make s3as3profit s3 while s3also
s3 benefiting s3 society.
Whats3ares3somes3typess3ofs3stakeholders?
Ans: s3 Community s3 members, s3 employees, s3 customers, s3 shareh
olders, s3 suppliers, s3 government s3 agencies.
Whats3iss3Socials3Entrepreneurship?
Ans: s3 The s3use s3ofs3innovative s3 business s3 methods s3 tos3address s3 s
ocial s3 ors3environmental s3 issues s3 while s3 generating s3 profit.
Alls3rightss3reserveds3©s32025/s32026s3
|
