5 Questions
What is the central purpose of corporate governance?
To balance the interests of various stakeholders within an organization
What is the origin of the word 'ethics'?
Greek word 'ETHOS' meaning customs, usage, or habit
What did Churchill define ethics as?
The application of moral values
What does the course aim to develop in students?
Ethical awareness, reflection, and decision-making ability
According to the syllabus, which module covers ethics in marketing, finance, and HRM?
Module 2
Study Notes
Corporate Governance and Ethics
- The central purpose of corporate governance is to ensure that the corporation is operated in a way that is responsible, accountable, and fair to all stakeholders.
Origin of Ethics
- The word 'ethics' originates from the Greek word 'ethos', meaning character or custom.
Churchill's Definition of Ethics
- Winston Churchill defined ethics as "the morals of a nation, the morals of a people, the morals of a society".
Course Objectives
- The course aims to develop critical thinking, analytical, and problem-solving skills in students, enabling them to make informed decisions and tackle complex issues.
Ethics in Business Modules
- The module that covers ethics in marketing, finance, and HRM is not specified, but it is likely to be a module that focuses on the application of ethical principles in these specific business functions.
Test your knowledge of ethics and governance with this quiz covering topics such as business ethics, marketing, finance, HRM, corporate governance, and corporate social responsibility. Evaluate your understanding of ethical awareness and decision-making in a business context.
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