Business Ethics BMAL 590 Questions With
Solutions
Corporate Culture can be defined as a set of values, beliefs, goals, norms, and ways of
solving problems that members (employees) of an organization share
Opportunity Factors Opportunity describes the conditions in an organization that limit o...
Corporate Culture can be defined as a set of values, beliefs, goals, norms, and ways of
solving problems that members (employees) of an organization share
Opportunity Factors Opportunity describes the conditions in an organization that limit or
permit ethical or unethical behavior. Opportunity results from conditions that either provide
rewards, whether internal or external, or fail to erect barriers against unethical behavior.
Opportunity relates to individuals' immediate job context: where they work, with whom they
work, and the nature of the work
The Role of Leadership In Developing An Ethics Program 1. Conduct a rigorous self-
assessment of the firm's values and its existing ethics and compliance program.
2. Maintain commitment from top managers.
3. Publish, post, and make codes of ethics available and understandable.
4. Communicate ethical standards through multiple channels (for example, paper documents and
web pages).
5. Provide timely training to reinforce knowledge.
6. Provide confidential resources to whom employees can go for advice or to report their
concerns.
, Business Ethics BMAL 590 Questions With
Solutions
7. Ensure consistent implementation.
8. Respond and enforce consistently, promptly and fairly.
9. Monitor and assess using appropriate methods.
10. Revise and reform to ensure continuous improvement.
Coercive Leadership Style the coercive leader demands instantaneous obedience and
focuses on achievement, initiative, and self control.
Authoritative Leadership Style the authoritative leader, considered to be one of the most
effective styles, inspires employees to follow a vision, facilitates change, and creates a strong
positive performance climate
Affiliative Leadership Style the affiliative leader values people, their emotions and their
needs, and relies on friendship and trust to promote flexibility, innovation, and risk taking
Democratic Leadership Style the democratic leader relies on participation and teamwork
to reach collaborative decisions. This style focuses on communication and creates a positive
climate for achieving results.
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