Business Ethics Quiz

What is the first step in ethical decision-making?

• Implementing a solution

• Recognizing an ethical issue

• Ignoring stakeholders' opinions

• Avoiding the problem

Which factor influences ethical decision-making based on gender?

• Age

• Nationality

• Education

• Gender

What is corporate culture in an organization?

• A legal document outlining company policies

• A set of values and beliefs shared by employees

• A strict set of rules imposed by management

• An individual's personal beliefs

What is the significance of significant others in ethical decision-making?

• They enforce formal codes and rules

• They provide advice and information

• They have no influence on daily decisions

• They focus on reactive solutions

What does the opportunity factor relate to in ethical decision-making?

• Permitting ethical or unethical behavior

• Ignoring rewards and punishment

• Establishing formal codes

• Creating new opportunities

What is the final step in the ethical decision-making process?

• Evaluating business ethics

• Recognizing the issue

• Implementing a solution

• Deciding on an action

Which mode of strategic decision-making focuses on innovation and risk-taking?

• Adaptive mode

• Planning mode

• Entrepreneurial mode

• Muddling through mode

What is the purpose of Mintzberg's mode of strategic decision-making?

• To wait for issues to arise

• To deal with complex and changing environments

• To focus on known problems

• To generate feasible alternative strategies

What does the ethical decision-making model aim to provide insight into?

• Employee salaries

• Legal regulations in business

• Typical unethical behaviors

• Factors influencing decision-making

What is essential to develop high integrity within organizational culture?

• Reactive solutions

• Ignoring ethical dilemmas

• Formal codes and rules

• Managerial influence