Business Ethics

Which of the following is NOT one of the key aspects of business ethics ?

• Honesty

• Social responsibility

• Profit maximization

what is the primary objective of a company under the shareholder theory of corporate governance?

• To maximize shareholder wealth

• To consider the interests of all stakeholders

• To prevent agency problems

What is one of the benefits of building ethical companies?

• Reduced legal risks

• Decreased employee morale and productivity

• Decreased stakeholder trust and loyalty

Which of the following is a way to prevent fraud and promote ethics in the workplace ?

• Encouraging unethical behavior among employees

• Providing regular training sessions for employees

• Neglecting to develop a code of ethics

What are some benefits of building ethical companies?

• Increased legal risks

• Reduced stakeholder trust and loyalty

• Improved employee morale and productivity

• Decreased opportunities for innovation and competitive advantage

Which of the following is NOT a way to prevent fraud and promote ethics in the workplace?

• Developing a code of ethics

• Ethical leadership

• Providing regular training sessions for employees

• Encouraging unethical behavior among employees

Which theory of corporate governance prioritizes the interests of shareholders and posits that a company's primary objective is to maximize shareholder value?

• Agency theory

• Stakeholder theory

• Shareholder theory

• Management theory

What is the definition of business ethics?

• A set of moral principles and values that guide the behavior and conduct of individuals and organizations in the business world.

• A system of processes and principles that regulate a company’s behavior towards its stakeholders.

• The obligation of a company to consider all stakeholders' interests when making decisions.

• The prioritization of shareholder interests above all other stakeholders