Business Ethics Quiz

What is the primary focus of ethics in business?

• Maximizing profits

• Morally appropriate behavior

• Increasing market share

• Reducing costs

Which principle emphasizes doing good?

• Autonomy

• Justice

• Beneficence

• Truthfulness

What does the term 'ethical dilemma' refer to?

• A situation with no right answer

• A conflict between personal and professional values

• A clear choice between right and wrong

• A decision that benefits the majority

Which of the following is NOT a basic ethical principle?

• Justice

• Profit Maximization

• Non-Violence

• Least Harm

What is the relationship between ethics and values?

• Ethics and values are the same

• Values dictate laws

• Ethics is based on moral values

• Values are irrelevant to ethics

Which factor does NOT affect individual ethics?

• Market trends

• Religious beliefs

• Cultural background

• Personal experiences

What is a key element of ethical leadership?

• Profit orientation

• Transparency

• Aggressiveness

• Popularity

Which of the following is a guideline for enhancing corporate governance in Africa?

• Reducing accountability

• Limiting foreign investment

• Creating a credible policy environment

• Encouraging monopolies

What does ethical leadership promote?

• Profit maximization

• Self-interest

• Fairness and transparency

• Competition

Which principle is associated with the idea of fairness?

• Beneficence

• Justice

• Autonomy

• Truthfulness