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Quiz 3

Authored by Rhona Mae Mendiola

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University

Used 3+ times

Quiz 3
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5 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 10 pts

One major benefit of ethics in business is:

Short-tem profit maximization

Decreased corporate reputation

Increased consumer loyalty and trust

More complex employee relationship

2.

MULTIPLE CHOICE QUESTION

45 sec • 10 pts

Ethical leadership in a company encourages which of the following?

A closed and private work environment

Fairness, responsibility, and openness

Increased secrecy in management decisions

Less accountability among employees

3.

MULTIPLE CHOICE QUESTION

45 sec • 10 pts

Which is a key financial benefit of maintaining strong ethics in business?

Reduced customer base

Improved competitive advantage and crisis resilience

Decreased employee loyalty

Limited access to sustainable business opportunities

4.

MULTIPLE CHOICE QUESTION

45 sec • 10 pts

A company with a strong ethical foundation is more likely to:

Experience higher employee turnover

Face frequent legal issues

Navigate crisis more effectively

Suffer from poor reputation

5.

MULTIPLE CHOICE QUESTION

45 sec • 10 pts

Ethics in business plays an essential role in:

Reducing the company's market presence

Building a trustworthy reputation and long-term success

Promote exclusive profit-focused goals

Limiting stakeholders interactions

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