Podcast
Questions and Answers
What did Mr. de la Cruz do to ensure fairness in hiring?
What did Mr. de la Cruz do to ensure fairness in hiring?
- Discouraged his nephew from applying at Build Co. to maintain impartiality.
- Personally selected his nephew for the job without disclosing their relationship.
- Asked his nephew to apply elsewhere to avoid a conflict of interest.
- Advised his nephew to apply at his company and refrained from participating in the selection process. (correct)
In the context of the airline company, what did the president do to demonstrate accountability?
In the context of the airline company, what did the president do to demonstrate accountability?
- Resigned from the position to evade accountability for the company's situation.
- Ignored the challenges and demand decrease, causing further issues for the company.
- Negotiated huge loan contracts to sustain business operations and pledged to take responsibility for the outcomes. (correct)
- Blamed the board of directors for the company's problems rather than admitting fault.
What action did Winnie, Vice President of Chicago Zoo, take upon discovering the purchase of exotic animals?
What action did Winnie, Vice President of Chicago Zoo, take upon discovering the purchase of exotic animals?
- Took swift action by reporting the purchase internally for investigation. (correct)
- Avoided disclosing the information to protect the reputation of the zoo.
- Decided to keep the information confidential to prevent any negative impact.
- Anonymously informed the public about the purchase.
Why is it important for leaders to communicate effectively during challenging times?
Why is it important for leaders to communicate effectively during challenging times?
Which of the following best reflects ethical decision-making in a business context?
Which of the following best reflects ethical decision-making in a business context?
How can businesses maintain impartiality in supplier relationships?
How can businesses maintain impartiality in supplier relationships?
What is the main difference between confidentiality and transparency?
What is the main difference between confidentiality and transparency?
Why is transparency considered vital in financial accounting?
Why is transparency considered vital in financial accounting?
How does transparency impact loyalty from individuals?
How does transparency impact loyalty from individuals?
In ethical decision-making, what role does transparency play?
In ethical decision-making, what role does transparency play?
Why is it essential for organizations to establish credibility with clients and stakeholders?
Why is it essential for organizations to establish credibility with clients and stakeholders?
What impact does transparency have on decision-making processes?
What impact does transparency have on decision-making processes?
When leaders prioritize self-interest over the organization's growth, which principle is most likely to be compromised?
When leaders prioritize self-interest over the organization's growth, which principle is most likely to be compromised?
Which strategy could help encourage colleagues to uphold fairness, transparency, and accountability?
Which strategy could help encourage colleagues to uphold fairness, transparency, and accountability?
In a business context, a conflict of interest may arise when:
In a business context, a conflict of interest may arise when:
Which strategy can help mitigate conflicts of interest in supplier relationships?
Which strategy can help mitigate conflicts of interest in supplier relationships?
What is an effective way for leaders to communicate ethical expectations to their teams?
What is an effective way for leaders to communicate ethical expectations to their teams?
In ethical decision-making, which approach is most likely to prioritize fairness and objectivity?
In ethical decision-making, which approach is most likely to prioritize fairness and objectivity?