FUNDAMENTALS FOR SUCCESS IN
BUSINESS - D072 QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS LREADY PASSED!!!
1. Updating Employee Rules & Guidelines
A retail company frequently updates its principles, rules, and guidelines to
reflect input by employees. Which level of organizational ethics is being
illustrated by this company?
✔✔ ANSWER: Internal policy issues
Rationale: Internal policy issues focus on the rules, operational practices, and
relationships between an organization and its internal team members. Involving
employees in refining company rules directly addresses internal management
equity and participation.
2. Fair Treatment of Suppliers
A company insists on treating suppliers with respect and refuses to push them
to the lowest pricing possible. Which level of organizational ethics is being
used by this company?
✔✔ ANSWER: Stakeholder issues
Rationale: Stakeholder issues involve ethical obligations to groups directly
impacted by business decisions outside of internal management—including
suppliers, vendors, customers, and local communities. Choosing fair pricing over
predatory negotiation shows ethical consideration for supplier sustainability.
3. Aligning Goals with Company Principles
A job candidate asks questions during an interview to determine whether
their personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
✔✔ ANSWER: Values
Rationale: Values are stable personal beliefs and life goals that guide what is most
important to an individual. When a candidate evaluates whether their core
,principles match the company's culture and direction, they are assessing person-
organization fit based on shared values.
A judge believes that the use of cannabis should never be allowed regardless of the
situation due to personal principles of what is right and wrong. A law was recently
passed, however, allowing individuals to use cannabis.
Which type of issue does the judge face?
Legal-unethical
3 multiple choice options
Who is responsible for setting the ethical tone of a corporation?
Managers
3 multiple choice options
An employee in the accounting department discovers that an element in the
financial statement is not in compliance with the company's required financial
record keeping. The employee reports this to management. The manager instructs
the employee to take no action. What next step should the employee consider
taking?
Report to higher level management
3 multiple choice options
Speaking the truth, respecting my elders, and never purposely hurting someone are
examples of _________ ethics.
, personal
Offering paid services on your time off to a company customer is an example of a
_____________?
conflict of interest
__________ reflects beliefs about what is right and what is wrong.
ethics
Being punctual, refraining from gossip, and having good time management are
examples of _________ ethics.
professional
__________ are the principles that are counted as most important to the individual.
values
_______ are sets of rules that individuals develop based on cultural norms and
beliefs.
morals
BUSINESS - D072 QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS LREADY PASSED!!!
1. Updating Employee Rules & Guidelines
A retail company frequently updates its principles, rules, and guidelines to
reflect input by employees. Which level of organizational ethics is being
illustrated by this company?
✔✔ ANSWER: Internal policy issues
Rationale: Internal policy issues focus on the rules, operational practices, and
relationships between an organization and its internal team members. Involving
employees in refining company rules directly addresses internal management
equity and participation.
2. Fair Treatment of Suppliers
A company insists on treating suppliers with respect and refuses to push them
to the lowest pricing possible. Which level of organizational ethics is being
used by this company?
✔✔ ANSWER: Stakeholder issues
Rationale: Stakeholder issues involve ethical obligations to groups directly
impacted by business decisions outside of internal management—including
suppliers, vendors, customers, and local communities. Choosing fair pricing over
predatory negotiation shows ethical consideration for supplier sustainability.
3. Aligning Goals with Company Principles
A job candidate asks questions during an interview to determine whether
their personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
✔✔ ANSWER: Values
Rationale: Values are stable personal beliefs and life goals that guide what is most
important to an individual. When a candidate evaluates whether their core
,principles match the company's culture and direction, they are assessing person-
organization fit based on shared values.
A judge believes that the use of cannabis should never be allowed regardless of the
situation due to personal principles of what is right and wrong. A law was recently
passed, however, allowing individuals to use cannabis.
Which type of issue does the judge face?
Legal-unethical
3 multiple choice options
Who is responsible for setting the ethical tone of a corporation?
Managers
3 multiple choice options
An employee in the accounting department discovers that an element in the
financial statement is not in compliance with the company's required financial
record keeping. The employee reports this to management. The manager instructs
the employee to take no action. What next step should the employee consider
taking?
Report to higher level management
3 multiple choice options
Speaking the truth, respecting my elders, and never purposely hurting someone are
examples of _________ ethics.
, personal
Offering paid services on your time off to a company customer is an example of a
_____________?
conflict of interest
__________ reflects beliefs about what is right and what is wrong.
ethics
Being punctual, refraining from gossip, and having good time management are
examples of _________ ethics.
professional
__________ are the principles that are counted as most important to the individual.
values
_______ are sets of rules that individuals develop based on cultural norms and
beliefs.
morals