Title: Ethical Behavior in Business
Course: Demo 1

Q: Mega Mining operates mining facilities around the world and as a result controls a large portion of the Can’tGetItAnywhereium market. When they opened a new mineral extraction facility on the tiny island nation of Candyland they realized they would immediately become the largest private contributor to the nations GDP thus giving them a great deal of power. Much to the delight of investors, Candyland’s government has enacted almost no regulations to protect the safety of workers or preserve the environment. The CEO of Mega Mining made several decisions regarding their operations in Candyland. Which of the following are examples of the company’s business ethics?
- Mega Mining installs scrubbers on the smoke stacks of their smelting facility to protect the environment of Candyland.
- Mega Mining discovers that their parking lot will cover a native burial ground and decides to abandon the location and move the lot to the opposite side of the facility.
- Mega Mining declares that they will pay a dividend to all investors and shareholders within 6 months of opening the facility in Candyland.
A: Mega Mining installs scrubbers on the smoke stacks of their smelting facility to protect the environment of Candyland.; Mega Mining discovers that their parking lot will cover a native burial ground and decides to abandon the location and move the lot to the opposite side of the facility.

Q: If a company is operating in an ethical manner, then it ________.
- discloses when mistakes have been made
- follows hiring and firing practices that are legal
- changes accounting books to be favorable for the company regardless of the real numbers
A: discloses when mistakes have been made; follows hiring and firing practices that are legal

Q: If a company exhibits lax ethical behavior it ________.
- uses employee retirement funds to cover daily operating expenses
- makes changes to how financial information is presented so that it is always favorable for the company regardless of actual performance
- discloses safety information to the public that may harm their profitability or reputation
A: uses employee retirement funds to cover daily operating expenses; makes changes to how financial information is presented so that it is always favorable for the company regardless of actual performance

Q: Moon, Inc. is a company that sells night vision equipment to the public. When it first launched its website, some of the equipment was incorrectly offered for sale at the company’s wholesale price. The company received one hundred orders for the mispriced items before the mistake was corrected and the price changed. If Moon, Inc. follows good business and ethical practices, it will:
- charge the one hundred customers the correct retail price of equipment
- delete the one hundred customers’ orders, hoping they will reorder at the correct price
- charge the one hundred customers the posted wholesale price of the equipment
A: charge the one hundred customers the posted wholesale price of the equipment

Q: It is in a business’s best interest to act in an ethical manner. Businesses that establish a reputation for acting ethically can be rewarded for this behavior by ________.:
- attracting and keeping customers
- attracting and keeping talented employees
- attracting capital or investors
A: attracting and keeping customers; attracting and keeping talented employees; attracting capital or investors

Q: What can individuals, organizations, and government agencies do to foster an environment of ethical and socially responsible behavior in business?
- treat employees, customers, investors and the public fairly
- make fairness a top priority
- demand and reward integrity from all members in all situations
A: treat employees, customers, investors and the public fairly; make fairness a top priority; demand and reward integrity from all members in all situations

Q: What are indicators that an employee may be working for an unethical company?
- They are uncomfortable about the way coworkers are treated.
- They consistently feel uneasy about the work they do.
- They are comfortable with management directives and policies.
A: They are uncomfortable about the way coworkers are treated.; They consistently feel uneasy about the work they do.