Ethics and Governance Quiz
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Questions and Answers

What is the central purpose of corporate governance?

  • To eliminate government regulations
  • To maximize profits for shareholders
  • To balance the interests of various stakeholders within an organization (correct)
  • To prioritize the interests of the board of directors
  • What is the origin of the word 'ethics'?

  • Latin word 'Ethicus' meaning moral character
  • Sanskrit word 'Dharma' meaning duty or righteousness
  • Greek word 'ETHOS' meaning customs, usage, or habit (correct)
  • Arabic word 'Akhlaq' meaning virtues or morals
  • What did Churchill define ethics as?

  • The enforcement of religious beliefs
  • The application of moral values (correct)
  • The manipulation of societal norms
  • The pursuit of personal gain
  • What does the course aim to develop in students?

    <p>Ethical awareness, reflection, and decision-making ability</p> Signup and view all the answers

    According to the syllabus, which module covers ethics in marketing, finance, and HRM?

    <p>Module 2</p> Signup and view all the answers

    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.

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    Description

    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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