Professional Ethics
Professional Ethics Quiz
Test your knowledge on business ethics with our engaging quiz designed to challenge your understanding of ethical decision-making in the corporate world!
Explore topics such as:
- Benefits of ethical practices
- Legislation related to business ethics
- Identifying ethical dilemmas
- The importance of communication
What are the benefits of a company being known as ethical ?
Impact on competitiveness
Enhances reputations
Value added
All of these
Which legislation relates to the concept of business ethics?
Freedom of Information Act
Food Act
Building regulations
All of these
A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
Crisis
Ethical Issue
Indictment
Fraud
A company may become insolvent if it
Has negative working capital
Makes a loss
Cannot meet its budgeted level of profit
cannot pay creditors in full after realisation of its assets
What question should you ask yourself whenever you are faced with an ethical dilemma ?
Is it legal
Is it balanced/far
Is it right
All of these
Communication is also known as Grape wine
Formal
Informal
Lateral
None of these
Ethics means
Character
Manner
Custom
All of these
To be successful, business ethics training programs need to
Focus on personal opinions of employees.
Be limited to upper executives.
Educate employees on formal ethical frameworks and models of ethical decision making.
Promote the use of emotions in making tough ethical decisions.
A leader should have
Technical knowledge
Empathy
Initiatives
All of these
Which of the following is the study and practice of decisions about what is good, or right ?
Business
Consequences
Ethics
Morals
Which of the following is true regarding business ethics ?
Business ethics results in a set of correct decisions and does not simply refer to standards of business conduct
Business ethics produce a list of correct business decisions that all ethical businesses will make so long as the theory of rule utilitarianism is followed
Business ethics refers to standards of business conduct but does not result in a set of correct decisions
What do the letters "WPH" mean in reference to the "WPH Framework for Business Ethics" discussed in the text ?
Where, Plan and Hope
Why, Procedures and Hope
Who, Purpose and How
Where, Procedures and How
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