Ethics in Business QuizVersion en ligne Test your knowledge on ethics and creating an ethical framework in business. par sarah ayyad 1 What is the primary purpose of an ethical framework in business? a To maximize profits only. b To guide decision-making and behavior. c To avoid legal issues. d To promote competition. 2 Which principle is NOT typically part of an ethical framework? a Integrity b Transparency c Accountability d Maximizing shareholder wealth at all costs. 3 What role does corporate social responsibility play in business ethics? a It encourages businesses to act ethically towards society. b It focuses solely on profit. c It promotes unethical practices. d It limits business operations. 4 Which of the following is a key component of ethical decision-making? a Identifying stakeholders and their interests. b Ignoring public opinion. c Avoiding transparency. d Focusing on short-term gains. 5 What is a common challenge in implementing an ethical framework? a Excessive funding for ethics training. b Resistance to change within the organization. c Too much employee support. d Lack of interest from customers. 6 Which of the following best describes ethical leadership? a Avoiding difficult conversations. b Leading by example and promoting ethical behavior. c Being authoritarian. d Focusing solely on profits. 7 What is the importance of stakeholder engagement in ethics? a It complicates decision-making. b It is irrelevant to business success. c It slows down processes. d It ensures diverse perspectives are considered. 8 How can businesses measure their ethical performance? a By ignoring employee feedback. b By comparing with competitors. c Through regular ethics audits and assessments. d By increasing sales figures. 9 What does the term 'whistleblowing' refer to in business ethics? a Firing an employee. b Ignoring company policies. c Promoting a product. d Reporting unethical behavior within an organization. 10 Why is training important in an ethical framework? a It is only for upper management. b It creates confusion. c It is a waste of resources. d It helps employees understand and apply ethical standards.
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