Practice Importance Of Ethics In Business (26.2) - Ethics and Corporate Governance

Practice: Importance of Ethics in Business

Lesson 26.2Ethics and Corporate Governance

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9 questions

Flashcard drill
5 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is one way ethical behavior builds trust in business?
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Think about how customers feel treated.
Question 2.
How does an ethical company enhance its reputation?
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Consider how brands are perceived by the public.
3Question 3.
What is one benefit of ethical behavior in business?
- A) Legal complications
- B) Reduced trust
- C) Enhanced brand reputation
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Remember why companies work hard to maintain their public image.
4Question 4.
True or False: Ethical companies are more likely to experience legal challenges.
- True
- False
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Connect the dots between ethics and legal safety.
Question 5.
Consider a company facing accusations of unethical practices. How should it approach the situation to restore trust with stakeholders?
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Think about how companies in crisis manage their reputations.
Question 6.
Discuss the impact of social media scrutiny on ethical behavior in business. How has this changed the landscape?
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Consider how public perception can change rapidly online.

5 more questions in this section. Enroll free to practise them all.