ELCP - Modules 1, 2 & 3 Questions with
Correct Answers 2026-2027
What is organizational ethics?
A. Corporate policies and procedures that are used to detect and analyze ethical risk
B. Gray areas within the workplace that do not have a right or wrong answer
C. An understanding of whether a particular action in the workplace is legal or illegal
D. Right or wrong, acceptable or unacceptable conduct in an organizational environment
E. A moral code developed through interactions with family, friends, and society -
CORRECT ANSWER -
Right or wrong, acceptable or unacceptable conduct in an organizational environment
Which of these is the least likely to influence an individual's personal ethics?
A. Religious viewpoints
B. Cultures and sub-cultures
C. Regulatory guidance
D. Ethnic affiliations
E. Friends and family - CORRECT ANSWER -Regulatory guidance
Which definition best describes organizational ethical leadership
A. Establishing an exhaustive system of checks and balances.
B. Controlling decision making in the organization.
C. Delegating ethical responsibilities to lower level managers.
D. Forcing others to do what you want them to do.
,E. Influencing others to ethically achieve company goals. - CORRECT ANSWER -
Influencing others to ethically achieve company goals.
Which of the following statements is true about ethics?
A. Unethical conduct is not always black and white.
B. Ethical decisions are mostly intuitive.
C. Ethical leaders are limited to those in authority positions.
D. Ethical gray areas are uncommon in decision making.
E. A rogue employee has more of an influence on a firm than its culture. - CORRECT ANSWER -
Unethical conduct isPnot always black and white.
Why would an organization not want to rely solely on an individual's personal ethics?
A. Individuals seek to take advantage of the company.
B. Individual employees cannot handle complex ethical situations.
C. Employees rarely use their personal values in making ethical decisions within the organization
.
D. Ethical diversity contributes to a more ethical organizational culture.
E. Individual personal values differ significantly and can result in unethical conduct. -
CORRECT ANSWER -
Individual personal values differ significantly and can result in unethical conduct.
What is the first step organizations must take to meet the needs of their stakeholders?
A. Eliminate stakeholders not essential for the firm's survival.
B. Respond to stakeholder demands.
, C. Determine whether primary stakeholders are important.
D. Gather data on the company's stakeholders.
E. Develop a high-quality product. - CORRECT ANSWER -
Gather data on the company's stakeholders.
Why would it be a mistake to ignore secondary stakeholders?
A. They directly impact the firm's daily survival.
B. They can be an ally or a threat to an organization.
C. They are always critical of large firms.
D. They develop laws that could hinder business operations.
E. They are more important than primary stakeholders. - CORRECT ANSWER -
They can be an ally or a threat to an organization.
What is true about how ethical leaders should perceive stakeholders?
A. Ethical leaders treat all stakeholders equally regardless of importance.
B. Ethical leadersPview stakeholders as important co-contributors of firm value.
C. Ethical leaders focus more in internal than external stakeholders.
D. Ethical leaders meet every stakeholder's demand.
E. Ethical leaders view stockholders as the most important stakeholder. - CORRECT ANSWER -
Ethical leaders view stakeholders as important co-contributors of firm value.
Which of these stakeholders is a secondary stakeholder?
A. Regulators
B. Employees
Correct Answers 2026-2027
What is organizational ethics?
A. Corporate policies and procedures that are used to detect and analyze ethical risk
B. Gray areas within the workplace that do not have a right or wrong answer
C. An understanding of whether a particular action in the workplace is legal or illegal
D. Right or wrong, acceptable or unacceptable conduct in an organizational environment
E. A moral code developed through interactions with family, friends, and society -
CORRECT ANSWER -
Right or wrong, acceptable or unacceptable conduct in an organizational environment
Which of these is the least likely to influence an individual's personal ethics?
A. Religious viewpoints
B. Cultures and sub-cultures
C. Regulatory guidance
D. Ethnic affiliations
E. Friends and family - CORRECT ANSWER -Regulatory guidance
Which definition best describes organizational ethical leadership
A. Establishing an exhaustive system of checks and balances.
B. Controlling decision making in the organization.
C. Delegating ethical responsibilities to lower level managers.
D. Forcing others to do what you want them to do.
,E. Influencing others to ethically achieve company goals. - CORRECT ANSWER -
Influencing others to ethically achieve company goals.
Which of the following statements is true about ethics?
A. Unethical conduct is not always black and white.
B. Ethical decisions are mostly intuitive.
C. Ethical leaders are limited to those in authority positions.
D. Ethical gray areas are uncommon in decision making.
E. A rogue employee has more of an influence on a firm than its culture. - CORRECT ANSWER -
Unethical conduct isPnot always black and white.
Why would an organization not want to rely solely on an individual's personal ethics?
A. Individuals seek to take advantage of the company.
B. Individual employees cannot handle complex ethical situations.
C. Employees rarely use their personal values in making ethical decisions within the organization
.
D. Ethical diversity contributes to a more ethical organizational culture.
E. Individual personal values differ significantly and can result in unethical conduct. -
CORRECT ANSWER -
Individual personal values differ significantly and can result in unethical conduct.
What is the first step organizations must take to meet the needs of their stakeholders?
A. Eliminate stakeholders not essential for the firm's survival.
B. Respond to stakeholder demands.
, C. Determine whether primary stakeholders are important.
D. Gather data on the company's stakeholders.
E. Develop a high-quality product. - CORRECT ANSWER -
Gather data on the company's stakeholders.
Why would it be a mistake to ignore secondary stakeholders?
A. They directly impact the firm's daily survival.
B. They can be an ally or a threat to an organization.
C. They are always critical of large firms.
D. They develop laws that could hinder business operations.
E. They are more important than primary stakeholders. - CORRECT ANSWER -
They can be an ally or a threat to an organization.
What is true about how ethical leaders should perceive stakeholders?
A. Ethical leaders treat all stakeholders equally regardless of importance.
B. Ethical leadersPview stakeholders as important co-contributors of firm value.
C. Ethical leaders focus more in internal than external stakeholders.
D. Ethical leaders meet every stakeholder's demand.
E. Ethical leaders view stockholders as the most important stakeholder. - CORRECT ANSWER -
Ethical leaders view stakeholders as important co-contributors of firm value.
Which of these stakeholders is a secondary stakeholder?
A. Regulators
B. Employees
