Title: Identify ethical and unethical business practices.
Course: Principles of Business and Marketing (12051-18) > Section: Exploring Interrelated Social, Environmental, and Ethical Responsibilities

Identification should include

- defining ethics and ethical
- distinguishing between legal and ethical
- summarizing commonly encountered ethical and unethical business practices, including explanations of such matters as bribery, privacy/confidentiality, liable, slander, financial integrity, and accountability
- describing ways to ensure ethical practices in a business environment
- explaining possible consequences of unethical business practices.

Process/Skill Questions:

- What is the difference between ethical and unethical behavior?
- What is the difference between unlawful and unethical behavior?
- What is a situation in which an action might be legal but unethical?
- Why is ethical decision-making of great importance to a business?
- Why must businesses be accountable?
- Do all businesses have the same set of ethical standards? Explain?
- How does a business owner’s sense of ethics affect his or her business decisions?
- What is the government’s influence on ethical and unethical business practices?
- Is a breach of client confidentiality ethical? Why, or why not? Is it legal? Why, or why not?
- How can a business promote ethical behavior by employees?
- What are some examples of unethical business practices in recent years? Why are the practices unethical?
- What ethical considerations are involved in product recalls?
- Should business ethics be enforced by market expectations or government regulations? Explain.