DECA Business Ethics

Question 1

Which ethical principle requires business professionals to be honest and truthful in all their dealings?

Accepted Answer

Integrity

Answer

Profitability

Answer

Competitiveness

Answer

Efficiency

Question 2

A DECA member notices a coworker taking money from the cash register. What is the most ethical course of action?

Accepted Answer

Report it to management or a supervisor

Answer

Ignore it to avoid conflict

Answer

Confront the coworker publicly

Answer

Take money too since others are doing it

Question 3

What term describes a conflict between a personal interest and a professional responsibility?

Accepted Answer

Conflict of interest

Answer

Stakeholder dilemma

Answer

Ethical relativism

Answer

Corporate liability

Question 4

Which document outlines acceptable and unacceptable behaviors for employees within an organization?

Accepted Answer

Code of ethics

Answer

Mission statement

Answer

Balance sheet

Answer

Organizational chart

Question 5

Whistleblowing in a business context refers to:

Accepted Answer

Reporting illegal or unethical behavior within an organization

Answer

Signaling the end of a work shift

Answer

A sports marketing promotional technique

Answer

Managing employee performance reviews

Question 6

Corporate social responsibility (CSR) primarily refers to a business's commitment to:

Accepted Answer

Operating in ways that benefit society and the environment

Answer

Maximizing shareholder profits above all else

Answer

Reducing employee wages to lower costs

Answer

Avoiding all forms of taxation

Question 7

Which ethical theory holds that the morality of an action is determined by its outcomes or consequences?

Accepted Answer

Consequentialism

Answer

Virtue ethics

Answer

Deontological ethics

Answer

Divine command theory