Practice Best Practices for Ethical Governance - 26.13 | 26. Ethics and Corporate Governance | Management 1 (Organizational Behaviour/Finance & Accounting)
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Knowledge

26.13 - Best Practices for Ethical Governance

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the purpose of a Code of Ethics in an organization?

💡 Hint: Think about the written guidelines for employee behavior.

Question 2

Easy

Why is regular training on ethics important for employees?

💡 Hint: Consider how often we need reminders about company policies.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the purpose of a Code of Ethics?

  • To guide employee behavior
  • To set financial targets
  • To create company policies

💡 Hint: Consider what document outlines values and expectations.

Question 2

True or False: Regular ethics training is unnecessary for employees.

  • True
  • False

💡 Hint: Think about how often policies change.

Solve 3 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a company where a significant ethical breach occurred due to a lack of proper training and adherence to the Code of Ethics. Propose a multifaceted strategy to prevent this from occurring in the future.

💡 Hint: Think about how to reinforce ethics at various levels of the organization.

Question 2

Evaluate a situation wherein a company’s ethics committee was not effectively able to enforce ethical standards. What specific issues could have contributed to this failure and how can these be addressed?

💡 Hint: Consider the organizational structure and communication channels.

Challenge and get performance evaluation