MOCK FINAL EXAMINATION MGT1143 PART 1

Integrity refers to a general sense of honesty and reliability that is expressed in a strong commitment to doing the right thing.

• TRUE

• FALSE

Personal integrity which is the hallmark of business integrity includes values such as honesty, reliability and fairness.

• TRUE

• FALSE

Ethic is the beliefs about what is right and wrong or good and bad in actions that affect others.

• TRUE

• FALSE

Behaviour that conforms to individual beliefs and social norms about what is right and good is called as unethical behaviour.          

• TRUE

• FALSE

Adopting written codes is one of the methods that firms can take to formalize the commitment to ethical practices in the workplace.

• TRUE

• FALSE

Company’s policy does not influence an employee’s ethical behaviour.

• TRUE

• FALSE

The belief of integrity is closely tied to ethical issues, which involve questions of right and wrong.

• TRUE

• FALSE

Entrepreneurs must make decisions regarding what is honest, fair and respectful.    

• TRUE

• FALSE

All business practices must not adhere to fair competition, in terms of rules and regulations, advertisement and distribution of products.

• TRUE

• FALSE

Businesses are designed to create value, but in ethical companies, people view value creation in multiple ways.

• TRUE

• FALSE