ELC Module 3
Describe leader-follower congruence.
The ability to identify and work with the leader to achieve common ethical objectives
What is the definition of an ethics audit?
An investigation into the ethical climate of the firm
Why are hotlines useful in a firm?
Because they allow the caller to remain anonymous
Which statement best describes codes of ethics?
Formal statements describing what an organization expects of its employees
Why is shared leadership important?
It establishes checks and balances on every member of the organization
What is the purpose of a code of ethics?
It provides guidelines to help employees recognize and resolve ethical issues
What is a necessary component of an ethical corporate culture?
an ethics program
Why might a company not want to investigate reports of misconduct?
an investigation is often time-consuming and expensive
While these leaders do not necessarily commit misconduct, they care little for ethics in the company.
apathetic leaders
As a company that places employee well-being over company performance, Zappos displays a _________ culture.
caring
This approach emphasizes obedience to legal requirements.
compliance-based approach
In this section, ___________ was identified as the best way to identify misconduct in an organization.
employee reporting
Which of the following information does an ethics audit try to collect?
employees' perception of the firm's ethical culture
While ________ cultures do not necessarily ignore employee well-being, they tend to emphasize company performance first.
exacting
Describe the purpose of ethics training
it allows employees to prepare themselves for issues they might encounter in the workplace
Countrywide Financial did not appear to care for employees' well-being or the long-term well-being of the firm. It can best be described as having a(n) __________ culture.
apathetic
Principles, values, _______, and ________ form an organizational culture.
norms; artifacts
Core practices are ____________________________________
not legally mandated but are considered best practices of the industry
An ethics officer can do little good without _____________________.
support from top management and board members
What is a characteristic of an ethical leader?
they have a passion to do the right thing