15 Questions
What is the primary role of a leader in creating an ethical culture?
Influencing corporate culture and ethical posture
What is the potential outcome of a leader's ability to motivate and enforce norms?
Increased employee satisfaction and commitment
What is the primary dimension of leadership that influences ethical decision-making?
Ethical decision-making
What is the potential pitfall of a leader's influence on corporate culture and ethical posture?
Normative myopia
What is the primary way a leader can create an ethical culture?
Through influencing corporate culture and ethical posture
What is a key characteristic of ethical leaders?
They consider the interests of all stakeholders.
Why are ethical leaders important for an organization?
They create a positive corporate culture.
What is the result of an organization having an ethical leader?
Enhanced employee satisfaction and commitment.
What can be a consequence of a lack of ethical leadership?
Normative myopia, or ignoring ethical considerations.
What is a key principle of ethical decision-making?
Consider the interests of all stakeholders.
What is the underlying assumption of managers who reject the application of normative values in their decision-making processes?
That business decisions are inherently objective and value-free.
Which of the following is a consequence of embracing a fact-value dichotomy in business decision making?
Managerial decisions are made solely based on objective facts.
What is a potential drawback of normative myopia in corporate decision making?
Inadequate consideration of stakeholders' interests.
Which of the following is a characteristic of an organization that prioritizes ethical values in decision making?
A strong sense of social responsibility and stakeholder engagement.
What is a potential consequence of ignoring normative values in business decision making?
Decreased reputation and long-term success.
Study Notes
Ethical Leadership
- Ethical decisions are a crucial aspect of leadership, enabling the creation of an ethical culture within an organization.
- Leaders have the power to motivate and enforce norms, policies, and viewpoints, thereby influencing the corporate culture and ethical posture.
Characteristics of Ethical Leaders
- Ethical leaders consider the interests of all stakeholders in their decision-making process.
- They serve as role models for the organization's values.
Misconceptions about Normative Values
- Some individuals believe that normative values do not apply to managerial decisions.
- Others think that facts and values can be separated in decision-making.
- Another misconception is that normative values are outside the realm of business.
This quiz covers the importance of ethical decisions in leadership, creating an ethical culture, and influencing corporate culture. It assesses the power of leaders to motivate and enforce norms, policies, and viewpoints.
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