Citizenship and Civic Virtues Quiz
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Questions and Answers

Which of the following is one of the guiding principles mentioned in ANZ Bank's 'Living The Code'?

  • Respecting privacy and confidentiality (correct)
  • Complying only with the law, not the company policies
  • Engaging in unethical behavior for personal gain
  • Ignoring conflicts of interest

    • What is a common myth that confuses managers keen on ethical decision-making?

  • 'Business ethics' is a contradiction in terms (correct)
  • Business ethics is impossible in the commerce world
  • Ethics is based solely on individual opinions
  • Ethics has no place in business decisions

    • Which value is emphasized as not enough, requiring individuals to also be fair and caring?

  • Obeying the law
  • Responsibility for consequences of actions
  • Trustworthiness (correct)
  • Valuing differences

    • What action should individuals take if they identify conflicts of interest, based on ANZ Bank's guiding principles?

    <p>Manage the conflicts responsibly (C)</p> Signup and view all the answers

    Which behavior does the text specify individuals should not engage in regarding payments or benefits?

    <p>Making and receiving improper payments or benefits (C)</p> Signup and view all the answers

    Why is it important for individuals to report any breaches of codes, laws, or policies according to ANZ Bank?

    <p>To maintain ethical standards and integrity within the organization (B)</p> Signup and view all the answers

    Which of the following is NOT considered a key principle of principled reasoning according to the text?

    <p>Profit maximization (C)</p> Signup and view all the answers

    When a Procter & Gamble sales person interacts with a customer, they represent which of the following?

    <p>Procter &amp; Gamble as a company (C)</p> Signup and view all the answers

    Which of the following qualities is NOT considered part of the 'Trustworthiness' principle according to the text?

    <p>Profit maximization (B)</p> Signup and view all the answers

    The text states that the 'Respect' principle 'prohibits behaviours such as' which of the following?

    <p>Violence, humiliation, manipulation, and exploitation (B)</p> Signup and view all the answers

    Which of the following is NOT considered a key component of the 'Fairness and Justice' principle according to the text?

    <p>Profit maximization (B)</p> Signup and view all the answers

    Which of the following concepts is NOT included under the 'Caring' principle according to the text?

    <p>Profit maximization (B)</p> Signup and view all the answers

    What is a common guiding principle shared by all cultures?

    <p>Service to society above self (A)</p> Signup and view all the answers

    Why have many businesses adopted ethical practices?

    <p>To reduce litigation and resentment (C)</p> Signup and view all the answers

    What is the primary reason companies are adding ethics officers, hotlines, and training programs?

    <p>To uphold ethical standards (B)</p> Signup and view all the answers

    What negative outcome may arise from unleashing malevolent moral energy through unethical behavior?

    <p>No ultimate escape (B)</p> Signup and view all the answers

    Which factor contributed to the rise in concern with ethics among business people after the 1980s?

    <p>&quot;Greed is good&quot; mentality (D)</p> Signup and view all the answers

    Why do marketing executives have a responsibility tied to their social power?

    <p>To influence markets positively (B)</p> Signup and view all the answers

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