Ethics: What do they mean Ethics: What do they mean to me in business?to me in business?

Interactive QuizInteractive Quiz

What are ethics?What are ethics?

What do you do when no one is What do you do when no one is looking?looking?

Click here to find out what wiki says.Click here to find out what wiki says.

Click icon for video example.

How to take this quiz:How to take this quiz:

Read the question and determine your own answer.Read the question and determine your own answer. Click on the question mark (?) button to navigate to Click on the question mark (?) button to navigate to

the answer slide. Once you have read and the answer slide. Once you have read and understand the answer, click “Back to Quiz” to understand the answer, click “Back to Quiz” to return to the question you just answered.return to the question you just answered.

Click “Next Question” to move on to the next Click “Next Question” to move on to the next question.question.

The purpose of this quiz is to help you think through The purpose of this quiz is to help you think through specific business ethics related scenarios and what specific business ethics related scenarios and what they will mean to you in your future career.they will mean to you in your future career.

You may keep track of your own progress. This quiz You may keep track of your own progress. This quiz is not for a grade.is not for a grade.

Good luck!Good luck!

Question 1Question 1

What does it mean to “cook the books?”What does it mean to “cook the books?”

Question 2Question 2

What is an “under the table” deal?What is an “under the table” deal?

Question 3Question 3

What is child labor and why is it What is child labor and why is it important?important?

Question 4Question 4

What does it mean to “go green?”What does it mean to “go green?”

Question 5Question 5

What is insider trading?What is insider trading?

Question 6Question 6

What is the recent example of What is the recent example of unethical business practices that we unethical business practices that we have discussed in class. have discussed in class. Hint: It has Hint: It has affected a popular vacation area and affected a popular vacation area and the businesses associated.the businesses associated.

Question 7Question 7

What should be your number one What should be your number one focus as a business as it relates to focus as a business as it relates to corporate giving?corporate giving?

Question 8Question 8

What is a ponzi scheme?What is a ponzi scheme?

Quiz CompleteQuiz Complete

Please feel free to start the quiz over Please feel free to start the quiz over if you would like to review again.if you would like to review again.

This program can be used as a sort This program can be used as a sort of flash card system for review for of flash card system for review for the final exam in this course.the final exam in this course.

Click to Return to Start of Slide Show

Cooking the BooksCooking the Books A slang term in A slang term in

business.business. The unethical The unethical

practice of faking practice of faking information in a information in a company’s company’s reporting.reporting.

A bookkeeper may A bookkeeper may also put false also put false information in information in accounting ledgers.accounting ledgers.

““Under the Table” DealsUnder the Table” Deals

Agreements, Agreements, typically unethical, typically unethical, that are made that are made between two parties between two parties in business.in business.

The people involved The people involved make these make these agreements to agreements to bypass rules and bypass rules and laws.laws.

Child LaborChild Labor

Obey child labor laws Obey child labor laws as drawn out by your as drawn out by your state and federal state and federal governments.governments.

Child labor is a serious Child labor is a serious issue and should be issue and should be included in your included in your ethical practices.ethical practices.

Read more about childRead more about child labor on a global level labor on a global level..

Go GreenGo Green

Build and grow a Build and grow a business that also business that also supports sustaining supports sustaining the environment.the environment.

This includes both This includes both what you do inside what you do inside the doors of the the doors of the company as well as company as well as what you support what you support as a company.as a company.

Insider TradingInsider Trading

Martha Stewart, a pillar Martha Stewart, a pillar in home living, was sent in home living, was sent to jail for this charge.to jail for this charge.

Insider trading involves Insider trading involves sharing inside sharing inside information to others information to others who may benefit who may benefit financially at the financially at the expense of the expense of the company and other company and other share holders.share holders.

BP Oil SpillBP Oil Spill

The BP Oil Spill in the The BP Oil Spill in the Gulf is a very recent Gulf is a very recent example of unethical example of unethical business practices.business practices.

The mistakes not The mistakes not only cost BP money, only cost BP money, it also cost them a it also cost them a lifetime of customers lifetime of customers who will never forget who will never forget this mistake.this mistake.

Give Back to the Give Back to the CommunityCommunity

Businesses should Businesses should support the support the communities in communities in which they reside.which they reside.

This can be done This can be done through donations through donations for playgrounds or for playgrounds or through supporting through supporting local events and local events and festivals.festivals.

Ponzi SchemesPonzi Schemes

Named after Charles Named after Charles Ponzi.Ponzi.

More recently, Bernie More recently, Bernie Madoff was convicted Madoff was convicted for roping people into for roping people into his ponzi scheme.his ponzi scheme.

This unethical practice This unethical practice is investment fraud.is investment fraud.

Read more about Read more about ponziponzi schemes. schemes.