Corporate Ethics - Get to know Ethics

Multiple Choice

Why is it important for businesses to consider ethics in their decision-making processes?

• To maximize profits at any cost

• To build trust and reputation with stakeholders

• To avoid all forms of competition

• To reduce the need for innovation

Open Ended

How do you think ethical principles can influence everyday decisions in both personal and professional life?

Multiple Choice

Which of the following are considered central concepts in the definition of ethics according to Abdullah and Zainol Abidin (2011)?

• Self, good, and other

• Law, order, and justice

• Profit, loss, and gain

• Culture, religion, and society

Multiple Choice

According to the definitions provided, which of the following best describes ethics?

• A set of principles that contains behavioural codes to determine what is right or wrong

• A list of laws and regulations to be followed

• A collection of religious beliefs

• A set of business rules for profit maximization

Open Ended

How important are ethics in today's society?

Open Ended

Compare and contrast the requirements of ethical behaviour with merely complying with laws, rules, and regulations.

Multiple Choice

Which of the following best describes the main difference between morality and ethics as discussed in the slides?

• Morality is about personal feelings, while ethics is about societal rules.

• Morality is used interchangeably with ethics, but ethics involves the analytical study of moral standards and principles.

• Morality is only about religion, while ethics is about law.

• Morality is about what is legal, while ethics is about what is illegal.

Open Ended

How do upbringing, socialisation, experiences, and culture contribute to the development of an individual's ethical principles?

Multiple Select

According to the slides, which of the following are ways religion influences ethics?

• Religion provides a worldview and values based on strict instructions.

• Religion teaches followers good ethics for rewarding lives.

• Religion discourages ethical thinking.

• Religion helps internalize ethical principles.

Multiple Choice

What is the 'Golden Rule of Life' as found in most religions?

• Always tell the truth.

• Do to others what you want others to do to you.

• Respect your elders.

• Pray five times a day.

Multiple Choice

Which of the following is NOT one of the Five Pillars of Islam?

• Daily prayers (solat)

• Pilgrimage to Mecca (Hajj)

• Fasting during Ramadhan

• Confession to a priest

Multiple Choice

Which of the following is NOT one of the Six Pillars of Iman in Islam?

• Belief in Allah

• Belief in angels

• Belief in karma

• Belief in the revealed books

Open Ended

Explain how the concept of taqwa influences ethical behavior in Islam.

Multiple Select

Which of the following are considered Professional Values in Islamic Management?

• Honesty

• Patience

• Syura (consultation)

• Salaam (peace)

Multiple Choice

According to the Noble Eightfold Path of Buddhist Ethics, which of the following is NOT included?

• Right Speech

• Right Livelihood

• Right Wealth

• Right Effort

Open Ended

Compare how the East and the West view the role of religion in shaping ethical values.

Multiple Choice

Which of the following is NOT listed as an ethical principle in the image?

• The Golden Rule

• Utilitarian Principle

• Virtue Ethics

• Risk Aversion Principle

Open Ended

How is the Golden Rule expressed in at least two different religions?

Multiple Select

Which of the following are considered universally accepted good values according to the image?

• Compassion

• Cheating

• Integrity

• Greed

Multiple Choice

What are the two types of code of ethics mentioned in the image?

• Compliance based and Integrity based

• Utilitarian and Deontological

• Golden Rule and Risk Aversion

• Honesty and Self-control

Open Ended

Why is it important for business managers to be concerned with ethical standards in their organisations?

Open Ended

Discuss how businesses can translate ethical values such as honesty, integrity, and respect into concrete actions within their organizations.

Multiple Choice

Which of the following is NOT a reason why ethics is important in business, according to the slides?

• To keep existing customers

• To attract new customers

• To maximize short-term profits at any cost

• To avoid lawsuits

Open Ended

How can the principles of business ethics influence decision-making in a professional environment?