What is ethics concerned with in the organizational context?
a. Profit maximization
b. Adhering to legal requirements
c. Employee avoidance
d. Right and wrong behavior
Answer: d
In the context of social responsibility, what does CSR stand for?
a. Corporate Sales Revenue
b. Customer Service Recognition
c. Corporate Social Responsibility
d. Company Sustainability Report
Answer: c
How does ethical behavior contribute to organizational reputation?
a. By discouraging positive reputation building
b. By limiting transparency in ethical practices
c. By fostering trust and credibility, enhancing the organization’s reputation
d. By avoiding communication about ethical values
Answer: c
What is the significance of a code of ethics in an organization?
a. To discourage ethical behavior
b. To limit transparency in ethical standards
c. To provide guidelines for ethical conduct and decision-making
d. To avoid communication about organizational values
Answer: c
How does social responsibility differ from ethics?
a. Social responsibility is concerned with profitability, while ethics focus on moral principles
b. Ethics are irrelevant to organizational success, whereas social responsibility is essential
c. Social responsibility involves organizations’ obligations to society, while ethics concern right and wrong behavior
d. Social responsibility discourages transparency in business practices
Answer: c
What is the role of whistleblowing in promoting ethical behavior in an organization?
a. To discourage reporting of unethical behavior
b. To limit transparency in reporting unethical practices
c. To provide a mechanism for employees to report unethical conduct without fear of retaliation
d. To avoid communication about ethical concerns
Answer: c
How does ethical leadership contribute to organizational culture?
a. Ethical leadership discourages positive culture development
b. Ethical leadership fosters a culture of integrity, transparency, and moral values
c. Ethical leadership avoids communication about organizational values
d. Ethical leadership is irrelevant to shaping organizational culture
Answer: b
What is the term for a situation where an organization goes beyond legal requirements to contribute to the well-being of society?
a. Ethical conduct
b. Legal compliance
c. Social irresponsibility
d. Corporate social responsibility (CSR)
Answer: d
How does a stakeholder approach contribute to ethical decision-making?
a. By discouraging consideration of stakeholder interests
b. By limiting transparency in stakeholder engagement
c. By involving the analysis of the impact of decisions on all relevant stakeholders
d. By avoiding communication about stakeholder concerns
Answer: c
What is the term for the set of values, beliefs, and norms that shape an organization’s behavior?
a. Ethical code
b. Organizational culture
c. Social responsibility framework
d. Corporate guidelines
Answer: b
How does ethical behavior contribute to employee morale and satisfaction?
a. Ethical behavior discourages employee satisfaction
b. Ethical behavior is irrelevant to employee morale
c. Ethical behavior creates a positive work environment, fostering employee satisfaction
d. Ethical behavior avoids communication about employee concerns
Answer: c
What is the significance of a sustainability strategy in corporate social responsibility?
a. To discourage sustainability efforts
b. To limit transparency in sustainability practices
c. To ensure that the organization’s activities have a positive impact on the environment and society
d. To avoid communication about sustainable practices
Answer: c
How does ethical decision-making contribute to risk management?
a. Ethical decision-making encourages risk-taking
b. Ethical decision-making is irrelevant to managing risks
c. Ethical decision-making helps identify and mitigate potential risks associated with unethical behavior
d. Ethical decision-making avoids communication about risk assessment
Answer: c
What is the term for the practice of treating all individuals fairly and impartially in the organizational context?
a. Discrimination
b. Equality
c. Bias
d. Unfairness
Answer: b
How does transparency contribute to ethical business practices?
a. Transparency discourages ethical behavior
b. Transparency is irrelevant to ethical considerations
c. Transparency fosters trust by openly communicating about organizational practices and decisions
d. Transparency avoids communication about ethical standards
Answer: c
What is the term for a systematic approach to ensuring that an organization’s activities align with ethical principles?
a. Ethical avoidance
b. Ethical adherence
c. Ethical compliance
d. Ethical management
Answer: c
How does social responsibility contribute to brand loyalty?
a. Social responsibility discourages brand loyalty
b. Social responsibility is irrelevant to customer loyalty
c. Social responsibility enhances brand loyalty by aligning with customers’ values and expectations
d. Social responsibility avoids communication about brand image
Answer: c
What is the term for the ethical principle that emphasizes acting in a way that brings about the greatest good for the greatest number?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: a
How does a focus on diversity and inclusion contribute to ethical business practices?
a. Diversity and inclusion discourage ethical behavior
b. Diversity and inclusion are irrelevant to ethical considerations
c. Diversity and inclusion promote fairness and ethical treatment of all individuals
d. Diversity and inclusion avoid communication about ethical standards
Answer: c
What is the term for the ethical principle that emphasizes following a set of rules or principles in decision-making?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: b
How does a commitment to ethical values contribute to customer trust?
a. Ethical values discourage customer trust
b. Ethical values are irrelevant to customer relationships
c. Ethical values build trust by demonstrating a commitment to honesty, integrity, and fairness
d. Ethical values avoid communication about customer expectations
Answer: c
What is the term for the ethical principle that focuses on developing good character traits?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: c
How does ethical behavior contribute to risk mitigation in supply chain management?
a. Ethical behavior encourages supply chain risks
b. Ethical behavior is irrelevant to supply chain risk management
c. Ethical behavior reduces risks by promoting fair and responsible business practices
d. Ethical behavior avoids communication about supply chain risks
Answer: c
What is the term for the ethical principle that emphasizes making decisions based on the inherent nature of the action, regardless of the consequences?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: b
How does ethical behavior contribute to employee loyalty and retention?
a. Ethical behavior discourages employee loyalty
b. Ethical behavior is irrelevant to employee retention
c. Ethical behavior fosters loyalty by creating a positive and ethical work environment
d. Ethical behavior avoids communication about employee concerns
Answer: c
What is the term for the ethical principle that emphasizes the importance of individual virtues and character traits?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: c
How does ethical behavior contribute to long-term business success?
a. Ethical behavior encourages short-term success only
b. Ethical behavior is irrelevant to business success
c. Ethical behavior enhances reputation, builds trust, and fosters customer and employee loyalty for long-term success
d. Ethical behavior avoids communication about business goals
Answer: c
What is the term for the ethical principle that suggests ethical decisions should be based on the circumstances of a particular situation?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: d
How does ethical behavior contribute to attracting top talent in recruitment?
a. Ethical behavior discourages top talent recruitment
b. Ethical behavior is irrelevant to attracting skilled individuals
c. Ethical behavior attracts top talent by signaling a commitment to integrity and fair practices
d. Ethical behavior avoids communication about recruitment standards
Answer: c
What is the term for the belief that ethical standards vary across cultures and contexts?
a. Utilitarianism
b. Deontology
c. Virtue ethics
d. Relativism
Answer: d