5. Ethics in the Workplace Needed More Than Ever During your career, you will face morally ambiguous situations. While your alternatives may be legal, even profitable, they may not be ethical. Ethical behavior may not pay off right away, but in the long run, the benefits outweigh the drawbacks. Examine the following scenario, and identify the ethical guidelines that will help a business maintain a high ethical standard. You are about to speak at a press conference to announce how last fall's unseasonably not weather damaged crops. You realize this information could have a negative effect on the company's stock prices. Is it necessary to be completely honest about how badly the crops have suffered? Maybe, if there is enough positive news available to offset the negative news. No, stockholders need only a general sense of the situation. Yes, stockholders have a right to know how their investment is doing. If you decide to make an announcement about the damaged crops at the press conference, what would be the best way to relate the bad news? You should use agricultural jargon to minimize the impact. You should speak clearly and simply to ensure comprehension. You should deny requests for questions after you have completed your speech Facing and resolving ethical dilemmas is challenging. However, ethical guidelines, combined with self-examination, can help you identify key issues and choose the correct ethical path. When presented with ethically ambiguous situations, which of the following questions can help you make good decisions? Is the action you are considering cost-effective? Is the action you are considering legal? Is the action you are considering plausibly deniable? Ethics refers to conventional standards of right and wrong that prescribe what people should do. These standards usually consist of rights, obligation, and benefits to society, When presented with ethically ambiguous situations, which of the following questions can help you make good decisions? Is the action you are considering cost-effective? Is the action you are considering legal? Is the action you are considering plausibly deniable? Ethics refers to conventional standards of right and wrong that prescribe what people should do. These standards usually consist of rights, obligation, and benefits to society When you are preparing a presentation, you find the perfect graphics on the Internet. Should you use them? Yes, but only if you have changed them slightly to make them your own." No, it is never OK to use someone else's work Yes, as long as you follow copyright law