Ethical Standards in Management

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Questions and Answers

Why should management be seen to be living the ethical standards?

  • To increase profits
  • To gain popularity
  • To avoid suspicion from other stakeholders (correct)
  • To enforce strict rules

What is the potential consequence of a disjuncture between management and ethical standards?

  • Enhancing brand recognition
  • Raising suspicions among stakeholders (correct)
  • Increasing employee satisfaction
  • Improving shareholder relations

Why is it important for management to avoid any disjuncture with ethical standards?

  • To reduce production costs
  • To maintain trust and credibility (correct)
  • To promote aggressive competition
  • To attract new investors

Management's disjuncture with ethical standards does not have the potential to raise suspicions among other stakeholders.

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

It is not important for management to be seen living the ethical standards.

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

A disjuncture between management and ethical standards will not affect other stakeholders.

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

The purpose of a pitch is to tell your story in an organised way that is understandable to the audience.

<p>True (A)</p> Signup and view all the answers

The purpose of a pitch is to meet the criteria for making a positive decision.

<p>True (A)</p> Signup and view all the answers

A disjuncture between management and ethical standards will not affect other stakeholders.

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

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