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Questions and Answers

What is the definition of "morals"?

The set of rules and abstract principles that a person uses to evaluate their actions and behavior.

What is the definition of "ethics of work"?

The set of principles and standards that serve as the foundation for expected behavior among members of a particular profession and that the organization uses to assess their performance.

How many verses in the Holy Quran mention ethical virtues?

More than 300

What is the Arabic synonym for "character"?

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

According to the social scientist and economist, what is the definition of "values"?

<p>A set of elements that have a specific structure and fulfill functions for the individual</p> Signup and view all the answers

Which of these is the most prevalent system in research?

<p>Institutional values (C)</p> Signup and view all the answers

What is the type of value that makes an individual feel proud of their country and supportive of its authority?

<p>National values</p> Signup and view all the answers

What is the type of value that is adopted independently by an individual and actively defended by them?

<p>Personal values</p> Signup and view all the answers

What is the type of value that powerful nations impose on other nations?

<p>Global values</p> Signup and view all the answers

Which dimension of values is considered the outcome of the other three dimensions?

<p>Behavioral dimension</p> Signup and view all the answers

Which of these is included in the methodology of building values?

<p>All of the above (D)</p> Signup and view all the answers

Which of these is not a dimension of values?

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

The emotional dimension implies that the individual accepts the value and is convinced of its worth, becoming a part of their personal tastes.

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

Which of these is the correct procedure for building a system of values?

<p>Building criteria to determine the values, then building procedures for building the system of values, and finally, building an evaluation and measurement system for values (A)</p> Signup and view all the answers

It is possible to effectively measure an individual's personal values.

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

Global values are reliable because they are set by independent organizations.

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

What is the best way to treat someone during an interaction?

<p>With a warm greeting and a friendly expression.</p> Signup and view all the answers

What is the negative impact of a manager mistreating their employees?

<p>It can result in decreased performance and productivity.</p> Signup and view all the answers

Who is entitled to dignified treatment in a workplace?

<p>All of the above (D)</p> Signup and view all the answers

When is it acceptable for an employee to leave their workplace during work hours?

<p>With permission from the supervisor.</p> Signup and view all the answers

What is an example of cheating in the workplace?

<p>Falsifying medical reports.</p> Signup and view all the answers

What is the ruling on using one's job for personal gain?

<p>It is forbidden and considered a breach of trust.</p> Signup and view all the answers

What is the definition of "hidden unemployment"?

<p>Having employees who aren't fulfilling their job responsibilities.</p> Signup and view all the answers

It is permissible to criticize someone's work behind their back.

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

What warning does the Prophet, peace be upon him, give about taking advantage of someone in a position of power?

<p>It is a form of exploitation that will be judged on the Day of Judgment.</p> Signup and view all the answers

What is considered a form of betrayal?

<p>Using positions of power for personal gain.</p> Signup and view all the answers

What is an example of exploiting a position of power?

<p>All of the above (D)</p> Signup and view all the answers

Patronage is a form of exploiting positions of power.

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

What is the foundation for selecting individuals to fill public roles?

<p>Competence.</p> Signup and view all the answers

What is the primary obligation of an employee?

<p>To fulfill their job duties to the best of their abilities.</p> Signup and view all the answers

When does an employment contract end?

<p>When one or more of the termination clauses in the contract is met.</p> Signup and view all the answers

Every employee who requests something for themselves or someone else, or receives a promise or gift for performing their job duties, falls under the definition of bribery.

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

What constitutes a cybercrime?

<p>Any action utilizing computers or networks in violation of established laws or regulations.</p> Signup and view all the answers

What is the penalty for disrupting or destroying a computer network?

<p>Imprisonment for up to three years and a fine of up to three million riyals or both.</p> Signup and view all the answers

Creating a website or online platform for illegal activities, like drug trafficking, is a punishable offense.

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

What is the definition of harassment?

<p>Any spoken, written, or visual communication that is intended to be sexually suggestive, offensive, or degrading.</p> Signup and view all the answers

A historical document is a recent, non-rare document that contains details about a kingdom's history.

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

Which of the following is NOT a crucial component of corporate governance?

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

What is the primary purpose of corporate governance?

<p>To guide and manage a company ethically and responsibly for the benefits of all stakeholders.</p> Signup and view all the answers

What is a key element of corporate governance that emphasizes shareholders' rights?

<p>Shareholder rights.</p> Signup and view all the answers

What is the purpose of the "Cumulative Voting" system?

<p>Increases the power of minority shareholders (A)</p> Signup and view all the answers

Who are responsible for the day-to-day operations of a company?

<p>Executive members.</p> Signup and view all the answers

What is the difference between a non-executive director and an independent director?

<p>A non-executive director might have a relationship with the company, while an independent director has no such relationship.</p> Signup and view all the answers

What types of committees are typically associated with corporate governance?

<p>All of the above (D)</p> Signup and view all the answers

Which committee is responsible for reviewing the company's financial statements and ensuring accurate reporting?

<p>The audit committee.</p> Signup and view all the answers

What is the purpose of the nominations committee?

<p>To identify and nominate qualified candidates for positions on the board of directors.</p> Signup and view all the answers

Which committee is responsible for reviewing and determining executive compensation?

<p>The compensation committee.</p> Signup and view all the answers

It is permissible to combine the roles of the compensation committee and the nominations committee into a single committee.

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

Which committee oversees the company's overall structure, identifies potential changes, and makes recommendations for improvement?

<p>Nominations Committee.</p> Signup and view all the answers

Flashcards

Moral Principles/Ethics

Abstract rules and principles that guide human actions and evaluate behavior, described as good or bad.

Work Ethics

Standards for professional conduct and performance, used to evaluate employee behavior positively or negatively.

Quranic Verses on Ethics

More than 300 verses in the Quran explicitly discuss moral virtues.

Prophet Muhammad's Character

The Quran praises the Prophet Muhammad's excellent character.

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Definition of Ethics (Language)

Ethics is described as character, nature, honor, and religion, from a linguistic perspective.

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Value's Social Definitions (Wolman)

An organized collection of elements with tasks in a particular structure is a social theory.

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Most Common Research Framework

Organizational values.

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National Values

Values that make individuals proud of their nation, support their authority, and engender feelings of patriotism.

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Personal Values

Values that individuals adopt, advocate, and reflect in their behavior.

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Global Values

Values imposed by powerful nations on others.

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Behavioral Dimension of Values

A resulting dimension of values from the three other dimensions.

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Value Creation Methodology

A process of creating a value system, involving procedures of development.

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Value Dimensions

Value is comprised of several dimensions.

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Emotional Dimension of Values

An emotional attachment developed towards a value, leading to acceptance and personal preference.

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Value Building Steps

Implementing, defining, and building processes for creating a system of values.

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Measurability of Personal Values

Personal values can be measured.

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Reliability of Global Values

Global values, defined by external organizations, may be unreliable and have hidden agendas.

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Positive Interactions

Warm and welcoming encounters.

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Impact of Poor Treatment

Negative consequences of poor managerial treatment.

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Cognitive Dimension of Values

Understanding values and their categories.

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Attitudinal Dimension of Values

A firm belief in values, often unchallenged.

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Subjective Perspective

A perspective that views values without analysis or critique.

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Knowledge-based Dimension

Thorough comprehension of a concept, like bravery's definition and various types.

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Societal Dimension of Values

This isn't a value dimension.

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Study Notes

Ethics and Values

  • Ethics are abstract principles guiding human actions and evaluating conduct.
  • Professional ethics are the principles and standards guiding a profession and how organizations assess performance.
  • The Quran contains over 300 verses on ethical values.
  • A quote from the Quran praises Prophet Muhammad's excellent character.
  • "Character" is defined as disposition, nature, nobility and religion.

Values

  • Sociologist W. I. Thomas defines values as elements structured to serve a specific function for the individual.
  • Organizational values are the most common organizational systems in research and studies.
  • National values involve patriotism, support for authorities, and national pride.
  • Personal values are self-adopted and displayed through one's actions.
  • Global values are imposed by powerful nations on other countries.

Building Values

  • Behavioral aspect: a consequence of other three aspects.
  • Methodology for building values involves all preceding steps.
  • Social aspect is not one of the value dimensions.
  • Process of forming value systems involves the following: embodying, formulating indicators, building processes.
  • Personal values cannot be measured (false).
  • Global values cannot be trusted because they are developed by independent organizations, possibly with hidden agendas (true).

Professional Conduct

  • Good manners in meetings involve warmth and friendliness.
  • Poor management conduct leads to decreased employee performance and productivity.
  • The right to good treatment in workplaces includes colleagues, superiors, clients.
  • Leaving the work environment during working hours is permitted only with permission from the manager.
  • Workplace fraud includes falsely reporting medical conditions.
  • Exploiting a position for personal gain is ethically wrong (haram) and constitutes betrayal of trust in the position.
  • Concealed unemployment refers to employees not performing their duties.

Misconduct

  • Forgery is changing the truth for deceitful purposes in formal documents to achieve cheating.
  • Bribery invalidates rights and supports wrongdoings.
  • Bribery is prohibited for several reasons.
  • Rulers and judges receiving gifts from those they've not previously dealt with is wrong (false).
  • One case of a prohibited type of job-related intervention is intervening with a bribe.
  • Job-related intervention should be limited and not excessive (true).
  • Bribery and exploiting job positions are prohibited.
  • Job-related intervention is a form of exploitation.

Information Ethics and Technology

  • Misuse of computers or networks is considered a crime.
  • Impersonating is falsifying, a law-specified way of cheating a legitimate document.
  • Hiding secret information (privacy) is often prohibited, unless it relates to trust.
  • Sharing couples' information without permission is unethical.
  • The most crucial information (secrets) are those pertaining to spousal relations.
  • A historical document is a recent document describing historical events.

Corporate Governance

  • Company governance is crucial for protecting shareholders' rights.
  • Increasing the efficiency of the economy is one aspect of corporate governance.
  • Shareholders have the right to vote on their shares.
  • Cumulative voting improves representation for minorities.
  • The board of directors represents shareholders.
  • Members of the board are those actively running the company.
  • Independent directors have no relationship with senior management.
  • Committees in corporate governance include the Audit Committee.
  • The Nomination Committee reviews the composition of the board of directors and management.

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