STUDYSAGE
WGU - Fundamentals for Success in
Business - D072 EXAM |COMPLETE
STUDY GUIDE WITH HIGH YIELD
QUESTIONS AND 100%
RIGHT/AUTHENTIC ANSWERS|
ALREADY GRADED A .GET A PASS ON
YOUR FIRST TRIAL
Personal Ethics - CORRECT ANSWERS.✔️✔️refers to the ethics a person identifies
with, which guides how they interact with others daily.
Organizational ethics - CORRECT ANSWERS.✔️✔️focuses on rules, principles and
standards in respect to the business' activities
Identify how ethics impact outcomes in organizations - CORRECT
ANSWERS.✔️✔️· 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.
Example of personal ethics - CORRECT ANSWERS.✔️✔️Speaking the truth,
respecting elders, and never purposely hurt others.
Example of professional ethics. - CORRECT ANSWERS.✔️✔️Being punctual,
refraining from gossip, and having good time management
SUCCESS
,STUDYSAGE
Provide an example of when personal and professional ethics may conflict -
CORRECT ANSWERS.✔️✔️Under the 'Code of Conduct,' police officers are
obligated to enforce and uphold the law even if they don't agree with it.
What are the 4 main ethical issues and their roles within organizations - CORRECT
ANSWERS.✔️✔️Societal, Stakeholder Issues, Internal Issues, Personal Issues
Societal Issues - CORRECT ANSWERS.✔️✔️Relates to society and getting involve
in societal issues out of care and concern.
Stakeholder Issues - CORRECT ANSWERS.✔️✔️Anyone affected by the company's
actions (consumers, employees, suppliers, and people within the community).
Internal issues - CORRECT ANSWERS.✔️✔️Relates to relationship between
organization and its employees (fairness in management, pay, and employee
participation).
Personal Issues - CORRECT ANSWERS.✔️✔️Deals with how employees treat each
other (gossiping, taking credit for someone else's work).
What are some benefits to an organization that practices high ethics? - CORRECT
ANSWERS.✔️✔b ️ enefit from the trust of their stakeholders and has a
competitive advantage in the marketplace.
Define Corporate Social Responsibility (CSR). - CORRECT ANSWERS.✔️✔️when an
organization voluntarily engages in issues that are affecting the environment,
community or society at large.
SUCCESS
, STUDYSAGE
What is the importance of CSR in the organization and in the community? -
CORRECT ANSWERS.✔️✔️· It's beneficial to both the organization and its
stakeholders. It creates long-term profits and shareholder's trust for the
organization.
· Attract consumers who share the same values.
· Increases organization's brand image (awareness) /creates a better image
· Creates an advantage over competitors.
CSR is important in the community because - CORRECT ANSWERS.✔️✔️·
Organization is gives back to the community (food bank/ school supplies
giveaways, charities/donations, scholarships).
· Ability to influence organization's economic practices.
Company in accordance with their commitment example: - CORRECT
ANSWERS.✔️✔C ️ ompany ABC, states that they are becoming more eco-friendly.
They show their commitments by manufacturing in a sustainable way, using
renewable products, encouraging employees to recycle, partnering with like-
minded people within the community.
Company in discord with their commitment example: - CORRECT
ANSWERS.✔️✔C ️ ompany DEF, states that they are becoming more eco-friendly,
but their actions are contrary. They don't manufacture in a sustainable fashion,
don't practice recycling. All the company's actions are detrimental to the
environment.
Greenwashing - CORRECT ANSWERS.✔️✔️Company's actions goes against their
ethical commitments.
SUCCESS
WGU - Fundamentals for Success in
Business - D072 EXAM |COMPLETE
STUDY GUIDE WITH HIGH YIELD
QUESTIONS AND 100%
RIGHT/AUTHENTIC ANSWERS|
ALREADY GRADED A .GET A PASS ON
YOUR FIRST TRIAL
Personal Ethics - CORRECT ANSWERS.✔️✔️refers to the ethics a person identifies
with, which guides how they interact with others daily.
Organizational ethics - CORRECT ANSWERS.✔️✔️focuses on rules, principles and
standards in respect to the business' activities
Identify how ethics impact outcomes in organizations - CORRECT
ANSWERS.✔️✔️· 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.
Example of personal ethics - CORRECT ANSWERS.✔️✔️Speaking the truth,
respecting elders, and never purposely hurt others.
Example of professional ethics. - CORRECT ANSWERS.✔️✔️Being punctual,
refraining from gossip, and having good time management
SUCCESS
,STUDYSAGE
Provide an example of when personal and professional ethics may conflict -
CORRECT ANSWERS.✔️✔️Under the 'Code of Conduct,' police officers are
obligated to enforce and uphold the law even if they don't agree with it.
What are the 4 main ethical issues and their roles within organizations - CORRECT
ANSWERS.✔️✔️Societal, Stakeholder Issues, Internal Issues, Personal Issues
Societal Issues - CORRECT ANSWERS.✔️✔️Relates to society and getting involve
in societal issues out of care and concern.
Stakeholder Issues - CORRECT ANSWERS.✔️✔️Anyone affected by the company's
actions (consumers, employees, suppliers, and people within the community).
Internal issues - CORRECT ANSWERS.✔️✔️Relates to relationship between
organization and its employees (fairness in management, pay, and employee
participation).
Personal Issues - CORRECT ANSWERS.✔️✔️Deals with how employees treat each
other (gossiping, taking credit for someone else's work).
What are some benefits to an organization that practices high ethics? - CORRECT
ANSWERS.✔️✔b ️ enefit from the trust of their stakeholders and has a
competitive advantage in the marketplace.
Define Corporate Social Responsibility (CSR). - CORRECT ANSWERS.✔️✔️when an
organization voluntarily engages in issues that are affecting the environment,
community or society at large.
SUCCESS
, STUDYSAGE
What is the importance of CSR in the organization and in the community? -
CORRECT ANSWERS.✔️✔️· It's beneficial to both the organization and its
stakeholders. It creates long-term profits and shareholder's trust for the
organization.
· Attract consumers who share the same values.
· Increases organization's brand image (awareness) /creates a better image
· Creates an advantage over competitors.
CSR is important in the community because - CORRECT ANSWERS.✔️✔️·
Organization is gives back to the community (food bank/ school supplies
giveaways, charities/donations, scholarships).
· Ability to influence organization's economic practices.
Company in accordance with their commitment example: - CORRECT
ANSWERS.✔️✔C ️ ompany ABC, states that they are becoming more eco-friendly.
They show their commitments by manufacturing in a sustainable way, using
renewable products, encouraging employees to recycle, partnering with like-
minded people within the community.
Company in discord with their commitment example: - CORRECT
ANSWERS.✔️✔C ️ ompany DEF, states that they are becoming more eco-friendly,
but their actions are contrary. They don't manufacture in a sustainable fashion,
don't practice recycling. All the company's actions are detrimental to the
environment.
Greenwashing - CORRECT ANSWERS.✔️✔️Company's actions goes against their
ethical commitments.
SUCCESS
