Watch the short video in the following link and answer the questions that follows:

• What is Ethics? What is Business Ethics?

2.3 Test your Knowledge (Question):

• Do you think business ethics is important? Why or why not?

Your Cynicism Quotient

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