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WorksheetsEthics in Management Quiz
Total questions: 10
Worksheet time: 3mins
What is the primary goal of management ethics?
Maximizing profits regardless of the means
Establishing principles to guide right and wrong actions in management
Minimizing operational costs
Enhancing marketing strategies to attract customers
Why is ethics in management crucial for organizations?
It helps avoid unnecessary marketing expenses
It ensures compliance with legal and regulatory requirements, reducing the risk of legal issues and penalties
It focuses solely on increasing shareholder value
It primarily aims to compete aggressively with rivals without considering the means
What is a common consequence of negative ethics in management?
Increased profits
Improved employee morale
Legal penalties and fines
Enhanced public image
What role do corporate governance and ethical codes play in an organization?
Promote unethical behavior
Create chaos and confusion
Provide frameworks and guidelines for acceptable behavior
Discourage accountability
Which of the following is NOT a way organizations can prevent unethical behavior in management?
Establishing clear ethical policies
Encouraging whistleblowing
Ignoring unethical behavior
Providing ethics training
Which of the following is an example of unethical behavior in management?
Providing fair wages
Discriminating against employees
Encouraging open communication
Implementing ethical training programs
Which of the following is NOT a direct consequence of negative ethics in an organization?
Reputational damage leading to public protest and media
Financial gain and increased market share
Legal consequences such as fines and criminal charges
Loss of stakeholder trust resulting in decreased employee morale and customer loyalty
How can unethical management practices affect employees?
Increase job satisfaction
Reduce stress levels
Increase turnover rates
Enhance loyalty and engagement
Which of the following is NOT a component of strategies for ethical management in an organization?
Ethical leadership that promotes moral behavior and establishes ethical standards
Transparency and accountability that build trust and ensure compliance with ethical guidelines
Comprehensive and ongoing ethical training programs tailored to the organization’s specific challenges
Unrestricted decision-making power for executives to maximize profits
What measures did Nike take in response to the criticism of sweatshop labor conditions in its factories in the 1990s?
Implementing shorter working hours without changing other conditions
Increasing wages, improving working conditions, and establishing a supplier code of conduct
Shutting down factories in China, Vietnam, and Indonesia
Ignoring the criticism and continuing business as usual
