1. Hard-earned trust can quickly disappear when violated, which can hampe organizational performance." Can you think of an instance when an organization lost the trust of its employees or stakeholders? If trust is so valuable, how could managers allow this to happen? 2. Briefly illustrate what is Ethical Behavior in a Business Environment- 3. Briefly describe some of the business ethics issues you have observed in workplace How do you handle a situation where something is not in compliance with the ethical standards- 4. Have you ever had the challenge of taking the longer route to get something done to adhere to the ethical standards? Briefly describe it- Have you ever suffered for doing what was right? How did you handle it?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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1. Hard-earned trust can quickly disappear when violated, which can hamper
organizational performance." Can you think of an instance when an
organization lost the trust of its employees or stakeholders? If trust is so
valuable, how could managers allow this to happen?
2. Briefly illustrate what is Ethical Behavior in a Business Environment-
3. Briefly describe some of the business ethics issues you have observed in
workplace - How do you handle a situation where something is not in
compliance with the ethical standards-
4. Have you ever had the challenge of taking the longer route to get
something done to adhere to the ethical standards? Briefly describe it-
Have you ever suffered for doing what was right? How did you handle it?
Transcribed Image Text:1. Hard-earned trust can quickly disappear when violated, which can hamper organizational performance." Can you think of an instance when an organization lost the trust of its employees or stakeholders? If trust is so valuable, how could managers allow this to happen? 2. Briefly illustrate what is Ethical Behavior in a Business Environment- 3. Briefly describe some of the business ethics issues you have observed in workplace - How do you handle a situation where something is not in compliance with the ethical standards- 4. Have you ever had the challenge of taking the longer route to get something done to adhere to the ethical standards? Briefly describe it- Have you ever suffered for doing what was right? How did you handle it?
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