138) Ethical behavior is concerned with doing things “right.”
Topic: Introduction
AACSB: Ethical Reasoning
139) To cope successfully with the myriad ethical decisions they face, entrepreneurs must
develop a workable ethical framework to guide themselves and the organization.
Topic: Establishing an Ethical Framework
AACSB: Ethical Reasoning
140) When there does not exist a positive organizational culture which stresses ethical behavior
regardless of consequences, employees may respond to feelings of pressure and compromise
personal ethical standards to ensure that a contract is not lost or that a project is completed on
time.
Topic: Competitive Pressures
AACSB: Ethical Reasoning
141) Competitive pressures assumes that the greater the reward or the smaller the penalty for
unethical acts, the greater is the probability that such behavior will occur.
Topic: Opportunity Pressures
AACSB: Ethical Reasoning
142) When customers shop for “value,” they also consider the company’s stance on social
responsibility.
Topic: Social Responsibility
AACSB: Ethical Reasoning
143) Entrepreneurs must create an environment in which all types of workers—men, women,
Hispanic, African American, white, disabled, homosexual, elderly, and others—can flourish and
can give top performances to their companies.
Topic: Cultural Diversity in the Workplace
AACSB: Multicultural and Diversity
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