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?

<p>Compliance (D)</p> Signup and view all the answers

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

<p>To respond effectively to arising problems (D)</p> Signup and view all the answers

What does Accountability imply according to the text?

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

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

<p>Explaining actions and performance to stakeholders (A)</p> Signup and view all the answers

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

<p>Balancing benefits and burdens among stakeholders (B)</p> Signup and view all the answers

What does transparency refer to in a company?

<p>Enabling easy access to required financial information about the company (D)</p> Signup and view all the answers

How do servant leaders differ from traditional leaders?

<p>Traditional leaders emphasize stewardship and development of followers (A)</p> Signup and view all the answers

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

<p>Taking care of something on behalf of another (D)</p> Signup and view all the answers

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

<p>Fairness involves giving each individual their due, similar to justice (B)</p> Signup and view all the answers

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