Chapter Three

Ethical Organization and Corporate Code



Rules

  • Each correct option carries 1 mark.
  • There is no negative marking.
  • Each question can be attended only once.
  • The test has 15 questions from Chapter 3.
  • ALL THE BEST!


    1. Which theory asserts that culture and values have a major role in creating an ethical environment in an organization.
    Theory of corporate moral excellence
    Ethics and stakeholder theory
    Ethics and Corporate Governance
    None of the above

    2. Which theory plays a major role in building an ethical organization.
    Theory of corporate moral excellence
    Ethics and stakeholder theory
    Ethics and Corporate Governance
    None of the above

    3. Which of the following is not involved in the development of corporate code.
    Identification of the key behavoiur that maximizes long term value
    reviewing the codes
    commuincating codes to the employees
    None of the above

    4. _________ is an outcome of company's ideal policies, statement and guidelines
    Organizational behavoiur
    Ethical behavoiur
    Ethical values
    Organizational policies

    5. Which are the theories that provide a framework for judging the ethical nature of an organization.
    a) Theory of corporate moral excellence
    b) Ethics and stakeholder theory
    c) Ethics and Corporate Governance
    a and b
    b and c
    a and c
    all of the above

    6. __________ theory focuses on 2 aspects , corporate culture and ethical behavior.
    Theory of corporate moral excellence
    Ethics and stakeholder theory
    Ethics and Corporate Governance
    None of the above

    7. _______________ refers to a company’s statement, credos and code of ethics.
    Espoused values
    Value in practice
    Ethical values
    Corporate values

    8. __________________theory states that the primary purpose of any organization is to maximize the stakeholder’s values.
    Theory of corporate moral excellence
    Ethics and stakeholder theory
    Ethics and Corporate Governance
    None of the above

    9. ________ Structure specifies the distribution of rights and responsibilities among different participants in the corporation, such as board, managers, shareholders and other stakeholders.
    Organizational structure
    Corporate governance
    Corporate structure
    None of the above

    10. Compliance code, corporate code, management philosophy statement, special documents and compliance certificates are components of _________.
    Corporate governance
    Corporate code
    Corporate ethics
    stakeholder theory

    11. Organizations develop a corporate code because it helps them to ______.
    Avoid regulations by the government
    Develop a brand name
    To develop relations with other companies in the industry
    All of the above

    12.__________ includes directive statements, which provides guidance and prohibits certain kinds of conduct.
    Corporate governance
    Compliance codes
    Corporate ethics
    stakeholder theory

    13. _____________ is the broad general statement of corporate commitments relating to constituencies, values and objective.
    Compliance codes
    Corporate credos
    Compliance certificates
    None of the above

    14.___________ are also known as codes of conduct, which reflect the company’s values principles and guidelines.
    Compliance codes
    special document
    Compliance certificates
    None of the above

    15. ________ reflect the company’s policies on certain issues concerning suppliers, contractors and buying agent.
    Compliance code
    Management philosophy statement
    Special document
    none of the above


    Questions contributed by Sajith kumar K, Sem IV, Autumn 2004 - 2006.