What is the importance of truthfulness in business?

Commitment to Duty and Integrity

Quiz
•
Business
•
8th Grade
•
Easy
Nwaorgu Isdore
Used 4+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Truthfulness is irrelevant in competitive markets.
Honesty can lead to financial losses.
Transparency is only necessary for large corporations.
Truthfulness is crucial for building trust, maintaining reputation, and ensuring ethical practices in business.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can punctuality impact a business's reputation?
Punctuality positively impacts a business's reputation by building trust and reliability.
Punctuality only matters in personal relationships.
Being late can enhance a business's image.
Punctuality has no effect on a business's reputation.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is regularity important in maintaining customer trust?
Regularity makes it harder for customers to reach support.
Regularity decreases the quality of products.
Regularity leads to higher prices for customers.
Regularity builds predictability and reinforces customer confidence in the brand.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the consequences of dishonesty in business transactions?
Consequences include loss of trust, legal issues, financial losses, damaged reputation, and potential business failure.
Increased customer loyalty
Higher profit margins
Enhanced employee satisfaction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does being punctual reflect on a person's character?
Punctuality shows a lack of flexibility.
Being late indicates creativity and spontaneity.
Punctuality is irrelevant to personal values.
Punctuality reflects reliability, responsibility, and respect for others, indicating strong character.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does transparency play in business relationships?
Transparency complicates decision-making processes in business.
Transparency leads to increased secrecy in negotiations.
Transparency reduces competition in business relationships.
Transparency builds trust and accountability in business relationships.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can regular attendance at work influence career advancement?
Career advancement is solely based on skills, not attendance.
Regular attendance has no impact on promotions.
Yes, regular attendance at work can influence career advancement.
Frequent absences can lead to faster promotions.
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