Difference between revisions of "Introduction to entrepreneurship/IENT102/Ethics/What"

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== Quiz ==
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{{Quiz_Multiple_Choice|zwhat01|
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|title=Ethics Quiz
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|theme=line
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|body=
  
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<quiz display=simple>
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* Ethics is the study of:
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** how people comply with the law.
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{Ethics is the study of
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*** '''Incorrect'''.  Ethics and the law are different. Try again.
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|type="()"}
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** morality in everyday life, business, and society.
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- how people comply with the law.
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*** '''Correct'''. Yes, ethics is a system of moral principles.
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+ morality in everyday life, business, and society.
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** codes of behaviour for professionals.
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- codes of behavior for professionals.
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*** '''Incorrect'''.  Although we hope that professionals are ethical, ethics is not a code of behaviour for professionals. Try again.
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- applying religion to personal and business life.
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** applying religion to personal and business life.
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*** '''Incorrect'''. You do not need to be religious to be ethical. Try again.
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{That which is legal
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* That which is legal ...
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|type="()"}
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** is ethical.
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- is ethical.
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*** '''Incorrect'''.  Application of the law may sometimes be unethical. Try again.
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- is moral.
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** is moral.
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+ may not be ethical.  
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*** '''Incorrect'''.  Application of the law may sometimes immoral. Try again.
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** may not be ethical.  
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</quiz>
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*** '''Correct'''.  Well done.
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}}
 
{{:Introduction_to_entrepreneurship/Links/SaylorBUS205}}
 
{{:Introduction_to_entrepreneurship/Links/SaylorBUS205}}

Revision as of 18:44, 22 June 2017

Morals-and-ethics.jpg
“ At its simplest, ethics is a system of moral principles. They affect how people make decisions and lead their lives.
Ethics is concerned with what is good for individuals and society and is also described as moral philosophy. 		”

—BBC


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Required reading

How then do ethics differ from business ethics?

  1. Read Business Law and the Legal Environment: "Chapter 2, Section 1: What Is Ethics?" which gives a concise introduction to ethics and some of the important issues relating to business. It looks at how both individuals and institutions can be viewed as ethical. It also covers how ethics and the law differ and why an ethical reputation can be more important than compliance with the law.
  2. Read New World Encyclopedia: "Business Ethics" This webpage provides an overview on the way ethics applies to businesses.



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Ethics Quiz
  • Ethics is the study of:
    • how people comply with the law.
      • Incorrect. Ethics and the law are different. Try again.
    • morality in everyday life, business, and society.
      • Correct. Yes, ethics is a system of moral principles.
    • codes of behaviour for professionals.
      • Incorrect. Although we hope that professionals are ethical, ethics is not a code of behaviour for professionals. Try again.
    • applying religion to personal and business life.
      • Incorrect. You do not need to be religious to be ethical. Try again.
  • That which is legal ...
    • is ethical.
      • Incorrect. Application of the law may sometimes be unethical. Try again.
    • is moral.
      • Incorrect. Application of the law may sometimes immoral. Try again.
    • may not be ethical.
      • Correct. Well done.



Quiz items proudly reused from Saylor "BUS205: Business Law and Ethics" licensed under CC-BY 3.0

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