Class discussion and assessment questions

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If you owned a small business with at least 10 employees, would you develop a code of business conduct? If yes, what elements would you include? If no, how would you ensure that your employees were following ethical business standards?

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QUESTION 1

  1. Why should firms formulate and implement strategies from an environmental perspective?

    Your response should be 75 words in length.

    QUESTION 2

    1. If you owned a small business, would you develop a code of business conduct? If yes, what variables would you include? If not, how would you ensure that your employees were following ethical business standards?

      Your response should be 75 words in length.

      QUESTION 3

      1. Discuss bribery. Would actions, such as politicians adding earmarks in legislation or pharmaceutical salespersons giving away drugs to physicians, constitute bribery? Identify three business activities that would constitute bribery and three actions that would not.

        Your response should be 75 words in length.

        QUESTION 4

        1. How can firms ensure that their code of business ethics is read, understood, believed, remembered, and acted on rather than ignored?

          Your response should be 75 words in length.

          QUESTION 5

          1. What do you feel is the relationship between personal ethics and business ethics? Are they or should they be the same?

            Your response should be 200 words in length.

          Textbook: David, F. R., & David, F. R. (2017). Strategic management: A competitive advantage approach, concepts and cases (16th ed.) [VitalSource Bookshelf version]. Boston, MA: Pearson. Retrieved from https://online.vitalsource.com/#/books/97801341679…

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