The corporate culture- I & A

Decision making within a firm will not really be influenced, limited, shaped, and in some cases virtually determined, by the corporate culture of the firm.

• True

• False

A firm's culture can be its sustaining value which offers it ( ) during challenging times.

• variety of choices

• direction and stability

• options and flexibility

• choice of values

The stability that can be a benefit at one time can be a barrier to success in another.

• True

• False

The definition of a culture is partially based on each participant's perception of the culture, which may actually impact the culture in a ( ).

• ongoing way

• rectangular way

• round way

• circular way

An ethical culture would be one in which ( ) are empowered and expected to act in ethically responsible ways even when the law does not require it.

• employees

• directors

• shareholders

• employer

When we discuss about ( ), it is easy to think in terms of a rational, deliberative process in which a person consciously deliberates about and weighs each alternative before acting.

• creating options

• leadership

• decision making

• superior

Which of the following is the traditional approach?

• compliance-based cultures

• value-based cultures

• integrity-based cultures

• flexible-based cultures

Which of the following culture will empower legal and audits offices to mandate and monitor compliance with the law and with internal codes?

• honest-based

• integrity-based

• value-based

• compliance- based

The goals of a more evolved and inclusive ethics program may entail a broader and more expensive application to the firm, and one of them is maintaining brand and reputation.

• True

• False

Making courageous decisions in ( ) represents a way in which ethical leaders get noticed.

• comfortable situations

• flexible situations

• tough situations

• indecisive situations