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</p> Signup and view all the answers

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

    <p>False</p> Signup and view all the answers

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

    <p>False</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</p> Signup and view all the answers

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

    <p>True</p> Signup and view all the answers

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

    <p>False</p> Signup and view all the answers

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