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Notions of Accountability, Fairness, and Transparency in Business Leadership

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Notions of Accountability, Fairness, and Transparency in Business Leadership

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Questions and Answers

What are the Four Key Dimensions of Integrity Capacity?

Process, Structure, Ethics, Compliance

Transparency, Accountability, Fairness, Development

Leadership, Performance, Ethics, Sustainability

Process, Judgment, Development, System (correct)

Why is Accountability considered important according to the text?

To avoid legal liabilities

To prevent and detect corruption (correct)

To establish dominance in the market

To increase corporate profits

What does it mean to be accountable?

To explain or justify one’s actions and decisions (correct)

To shift blame to others

To avoid responsibility

To hide information from others

Which aspect is NOT synonymous with Accountability?

Compliance Signup and view all the answers

Why are business leaders encouraged to be more aware of moral concerns according to the text?

To respond effectively to arising problems Signup and view all the answers

What does Accountability imply according to the text?

Responsibility Signup and view all the answers

What is the main focus of accountability in a business or organization?

Explaining actions and performance to stakeholders Signup and view all the answers

How is fairness defined in the context of business or organization?

Balancing benefits and burdens among stakeholders Signup and view all the answers

What does transparency refer to in a company?

Enabling easy access to required financial information about the company Signup and view all the answers

How do servant leaders differ from traditional leaders?

Traditional leaders emphasize stewardship and development of followers Signup and view all the answers

What is the key aspect of stewardship within a company context?

Taking care of something on behalf of another Signup and view all the answers

How does fairness relate to justice in decision-making processes?

Fairness involves giving each individual their due, similar to justice Signup and view all the answers