.1 Learning Outcomes:
Upon completion of this weekàactivities, you will be able to:
rticulate the importance of business ethics.
nalyse the arguments for and against corporate social
responsibility.
ritique an ethical dilemma
2.2 Action Required:
Watch the short video in the following link and answer the questions that follows:
—hat is Ethics? What is Business Ethics?
2.3 Test your Knowledge (Question):
Q- Do you think business ethics is important? Why or why not?
Your Cynicism Quotient
Q- Answer the following questions as honestly as you can. Circle the number
between 1 and 5 that best represents your own beliefs about business.
Strongly
Disagree
Strongly
Agree
1. Financial gain is all that counts in
business
1
2
3
4
5
2. Ethical standards must be
compromised in business practice
1
2
3
4
5
3. The more financially successful the
businessperson, the more unethical the
behavior.
1
2
3
4
5
4. Moral values are irrelevant in
business
1
2
3
4
5
5. The business world has its own
rules.
1
2
3
4
5
6. Business persons care only about
making profit.
1
2
3
4
5
7. Business is like a game – one plays
to win.
1
2
3
4
5
8. In business, people will do anything
to further their own interest.
1
2
3
4
5
9. Competition forces business
managers to resort to shady
practices.
1
2
3
4
5
10. The profit motive pressures
managers to compromise their ethical
concerns.
1
2
3
4
5
2.4 Instructions
Answer both questions in test your knowledge section.
Post your answer for the first question in the discussion board using the discussion
link below (Week 2: Interactive learning Discussion)
Scoring Procedures for question 2 (Your Cynicism Quotient)
* Add the total number of points. The maximum is 50 points. Total _____.
* The higher your score, the more cynical you are about ethical business
practices. Think about the reasons for your responses.

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