Practice Importance of Ethics in Business - 26.2 | 26. Ethics and Corporate Governance | Management 1 (Organizational Behaviour/Finance & Accounting)
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Importance of Ethics in Business

26.2 - Importance of Ethics in Business

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is one way ethical behavior builds trust in business?

💡 Hint: Think about how customers feel treated.

Question 2 Easy

How does an ethical company enhance its reputation?

💡 Hint: Consider how brands are perceived by the public.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is one benefit of ethical behavior in business?

A) Legal complications
B) Reduced trust
C) Enhanced brand reputation

💡 Hint: Remember why companies work hard to maintain their public image.

Question 2

True or False: Ethical companies are more likely to experience legal challenges.

True
False

💡 Hint: Connect the dots between ethics and legal safety.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Consider a company facing accusations of unethical practices. How should it approach the situation to restore trust with stakeholders?

💡 Hint: Think about how companies in crisis manage their reputations.

Challenge 2 Hard

Discuss the impact of social media scrutiny on ethical behavior in business. How has this changed the landscape?

💡 Hint: Consider how public perception can change rapidly online.

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