ELC Module 1 Exam Questions With
Correct Answers A+
Which of the following statements is true about ethics? - Answer✔unethical conduct is not
always black and white
Which definition best describes organizational ethical leadership - Answer✔influencing others to
ethically achieve company goals
Why would an organization not want to rely solely on an individual's personal ethics? -
Answer✔individual personal values differ significantly and can result in unethical conduct
What is organizational ethics? - 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? -
Answer✔regulatory guidance
What is the first step organizations must take to meet the needs of their stakeholders? -
Answer✔gather data on the company's stakeholders
what is true about how ethical leaders should perceive stakeholders? - Answer✔ethical leaders
view stakeholders as important co-contributors of firm value
why would is be a mistake to ignore secondary stakeholders? - Answer✔they can be an ally or
threat to the organization
which of these stakeholders is a secondary stakeholder? - Answer✔special-interest groups
leaders who display good character__________________ - Answer✔take responsibility for
ethically meeting stakeholder needs
what are the benefits of ethical leadership? - Answer✔employees are more willing to work for
ethical companies
what is true about ethical leaders? - Answer✔ethical leaders place company interests above their
own
what is one of the biggest ethical risks that companies face? - Answer✔complacency
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