Ethics for Business - Module 1 - Quiz 1

What is the original Greek word from which the term “ethics” is derived?

• Ethnos

• Pathos

• Ethos

• Logos

What is the primary focus of corporate governance?

• Employee satisfaction
• Shareholder profits
• Ethical standards and accountability
• Market competition

How might a company's unethical behavior impact its employees?

• It can lead to higher morale
• It can create a toxic work environment
• It can improve teamwork
• It has no impact on employees

What was the main ethical issue in the Theranos case?

• Employee discrimination
• Environmental violations
• Inaccurate financial reporting
• Misrepresentation of technology capabilities

What does accepting Disney+'s terms and conditions prevent you from doing?

• Changing your password
• Canceling your subscription
• Filing a lawsuit against them
• Using the service

What was the financial misconduct associated with Blusmart Gensol?

• Overcharging customers
• Misleading advertising
• Embezzlement of funds
• False reporting of profits

What is a common result of corporate misconduct?

• Loss of investor confidence
• Higher market share
• Stronger customer loyalty
• Increased employee engagement

What is a key factor in maintaining ethical standards in an organization?

• Maximizing profits
• Employee training
• Reducing costs
• Limiting transparency

What was the main issue in the cheating scandal involving Astronomer employees?

• Misuse of company resources
• Stealing company secrets
• Damage to leadership credibility
• Falsifying research data

What can organizations do to prevent ethical violations?

• Implement a code of ethics
• Focus solely on profits
• Limit transparency
• Ignore employee feedback