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WGU - D072 Study Guide Exam 2025 Questions and Answers

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WGU - D072 Study Guide Exam 2025 Questions and Answers Define ethics. - ANS Principles that serve as a compass about how to behave Provide an example for each of the following: legal-ethical legal-unethical illegal-ethical conflicts - ANS legal-ethical: by law in most states it is illegal to take part in recreational marijuana use; and a judge that is trying a case about marijuana possession agrees with the law and does not think its okay to consume marijuana for recreational use. legal-unethical: cheating on your boyfriend/girlfriend is legal but most people find it unethical. illegal-ethical: speeding is illegal but in some cases of an emergency some people might find it ethical. Define legal. - ANS An act that is allowed or is in conformity with the law of the land Define values. - ANS Stable life goals that people have that reflect what is most important to them Define morals. - ANS Rules people develop as a result of cultural norms and values and are, traditionally passed down through generations and characterize a cultural group Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED. Define organizational ethics. - ANS Rules, principles, and standards for deciding what is morally right or wrong when doing business List the four main levels of ethical issues and provide an example of each. - ANS Societal Issues: an organization holds a fundraiser to help feed the homeless. Stakeholder Issues: A company insists on treating suppliers with respect and refuses to push them to the lowest pricing possible. Internal Policy Issues: Fairness in management, pay, and employee participation. Personal Policy Issues: Gossiping at work or taking credit for another's work. How does a company's ethical behavior impact organizational outcomes? - ANS Trustworthy companies are better at attracting and keeping customers, keeping talented employees, and capitol. How does a company's unethical behavior impact organizational outcomes? - ANS They suffer from dwindling customer bases, employee turnover, and investor mistrust. Define corporate social responsibility (CSR). - ANS Philosophy in which a company voluntarily engages in actions that benefit society, be it economically, socially, politically, or environmentally How is a company's CSR approach shaped? - ANS By seeing that their community is lacking something that they can provide, earning more profit and reputation Who is considered a company stakeholder? - ANS Unions employees consumer investors suppliers local and national governments Pg. 3 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED. communities. What is the aim of CSR? - ANS To increase profits and trust in the long-term while promoting positive community relations What is the purpose of the World Trade Organization (WTO)? - ANS improve the stability and predictability of global trade. What is a code of ethics? - ANS Guide that publicly sets out an organization's key values and ethical obligations What is included in a company's code of ethics? - ANS details of how the company plans to implement its values and vision, as well as guidance for the staff on ethical standards and ways to achieve them. Having such a policy hopefully leads to greater ethical awareness, consistency in application, and avoidance of ethical disasters. Define the term greenwashing. - ANS When organizations carry about CSR missions in an inauthentic way, using them to increase publicity rather than to spur real change Define the term internal transparency - ANS Degree to which an organization operates with openness, communi

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Institución
WGU D072
Grado
WGU D072

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Subido en
22 de mayo de 2025
Número de páginas
22
Escrito en
2024/2025
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Examen
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WGU - D072 Study Guide Exam 2025
Questions and Answers




Define ethics. - ANS Principles that serve as a compass about how to behave


Provide an example for each of the following:
legal-ethical
legal-unethical

illegal-ethical conflicts - ANS legal-ethical: by law in most states it is illegal to take part in
recreational marijuana use; and a judge that is trying a case about marijuana possession agrees
with the law and does not think its okay to consume marijuana for recreational use.
legal-unethical: cheating on your boyfriend/girlfriend is legal but most people find it unethical.
illegal-ethical: speeding is illegal but in some cases of an emergency some people might find it
ethical.



Define legal. - ANS An act that is allowed or is in conformity with the law of the land



Define values. - ANS Stable life goals that people have that reflect what is most important to
them



Define morals. - ANS Rules people develop as a result of cultural norms and values and are,
traditionally passed down through generations and characterize a cultural group




Pg. 1 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.

,Define organizational ethics. - ANS Rules, principles, and standards for deciding what is
morally right or wrong when doing business



List the four main levels of ethical issues and provide an example of each. - ANS Societal
Issues: an organization holds a fundraiser to help feed the homeless.
Stakeholder Issues: A company insists on treating suppliers with respect and refuses to push
them to the lowest pricing possible.
Internal Policy Issues: Fairness in management, pay, and employee participation.
Personal Policy Issues: Gossiping at work or taking credit for another's work.



How does a company's ethical behavior impact organizational outcomes? - ANS Trustworthy
companies are better at attracting and keeping customers, keeping talented employees, and
capitol.



How does a company's unethical behavior impact organizational outcomes? - ANS They
suffer from dwindling customer bases, employee turnover, and investor mistrust.



Define corporate social responsibility (CSR). - ANS Philosophy in which a company voluntarily
engages in actions that benefit society, be it economically, socially, politically, or
environmentally



How is a company's CSR approach shaped? - ANS By seeing that their community is lacking
something that they can provide, earning more profit and reputation



Who is considered a company stakeholder? - ANS Unions
employees
consumer
investors
suppliers
local and national governments


Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.

, communities.



What is the aim of CSR? - ANS To increase profits and trust in the long-term while promoting
positive community relations



What is the purpose of the World Trade Organization (WTO)? - ANS improve the stability and
predictability of global trade.



What is a code of ethics? - ANS Guide that publicly sets out an organization's key values and
ethical obligations



What is included in a company's code of ethics? - ANS details of how the company plans to
implement its values and vision, as well as guidance for the staff on ethical standards and ways
to achieve them. Having such a policy hopefully leads to greater ethical awareness, consistency
in application, and avoidance of ethical disasters.



Define the term greenwashing. - ANS When organizations carry about CSR missions in an
inauthentic way, using them to increase publicity rather than to spur real change



Define the term internal transparency - ANS Degree to which an organization operates with
openness, communication, and accountability



What steps can organizations take to encourage transparent practices? - ANS operating in
such a way that it is easy for others to see the actions are performed.



Why was Sarbanes-Oxley Act (SOX) passed? - ANS in response to several highly publicized
corporate fraud cases



Who is considered a whistleblower? - ANS those who tell the public or the authorities about
alleged misconduct in a government department, private company, or organization.



Pg. 3 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.
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