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Exam (elaborations)

Nasba Elcp - Modules 1-6 - Exam

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NASBA ELCP - MODULES 1-6 - EXAM

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NASBA ELCP - MODULES 1-6 - EXAM


1. (M1) What is organizational ethics?: Right or wrong, acceptable or unacceptable
conduct in an organizational environment
2. (M1) Which of the following statements is true about ethics?: Unethical
conduct is not always black and white.
3. (M1) Why would an organization not want to rely solely on an
individual's personal ethics?: Individual personal values ditter significantly and can
result in unethical conduct.
4. (M1) Which of these is the least likely to influence an
individual's personal ethics?: Regulatory guidance
5. (M1) Which definition best describes organizational ethical
leadership: Influenc-
ing others to ethically achieve company goals.
6. (M1) Leaders who display good character .: take
responsibility for ethically meeting stakeholder needs.
7. (M1) What is the first step organizations must take to meet the
needs of their stakeholders?: Gather data on the company's stakeholders.
8. (M1) Which of these stakeholders is a secondary stakeholder?: Special-
interest
groups
9. (M1) Why would it be a mistake to ignore secondary stakeholders?:
They can be an ally or a threat to an organization.
10. (M1) What is true about how ethical leaders should perceive
stakeholders?-
: Ethical leaders view stakeholders as important co-contributors of firm value.
11. (M1) Which statement is true regarding the aftermath of the
financial crisis-
: Consumer trust of business hit a low point.
12. (M1) What is true about ethical leaders?: Ethical leaders place company interests
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, above their own.
13. (M1) What is one way that ethical leaders can empower
employees?: Creating an open communication environment.
14. (M1) What are the benefits of ethical leadership?: Employees are more willing
to work for ethical companies.
15. (M1) What is one of the biggest ethical risks that companies face?:
Complacency
16. (M1) According to Howard Schultz, which of the following is true
about ethical leadership?: It is about finding a way to balance between profitability and
social consciousness.




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