Question 1

One of the reasons people become entrepreneurs is to gain control over their time.So allow yourself ________.

Accepted Answer

A)  Downtime
B)  Play time
C)  Creative-thinking time
D)  All of the above
E)  None of the aboveF) A) and E)
G) A) and B)

Question 2

Getting more done in less time does not contribute to success.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is the statement of the values of a company?

Accepted Answer

A)  Code of ethics
B)  Code of conduct
C)  Ethical relativism
D)  Ethical dilemma
E)  All of the aboveF) A) and B)
G) C) and D)

Question 4

________ is a system of moral conduct and judgment that helps determine right and wrong.

Accepted Answer

A)  Ethics
B)  Management
C)  Leadership
D)  Business
E)  OrganizationF) A) and E)
G) A) and D)

Question 5

One of the easiest aspects of maintaining integrity for any entrepreneur is complying with the multitude of laws that apply to business.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not a good alternative to sit-down meetings?

Accepted Answer

A)  Ignoring the issue the meeting is called for
B)  Stand-up meetings
C)  Going to other staff members' offices
D)  Virtual meetings
E)  All of the above are good alternatives.F) B) and E)
G) D) and E)

Question 7

Entrepreneurs who do not pay themselves regularly tend to understate their return on investment.

Accepted Answer

A) True 
 B)False  False

Question 8

Leaders perpetually have more tasks to complete than there is time to complete them.

Accepted Answer

A) True 
 B)False

Question 9

Some tips that can assist in increasing effectiveness include ________.

Accepted Answer

A)  Prioritize
B)  Set realistic daily goals
C)  Check e-mail a limited number of times per day
D)  Avoid being distracted by portable electronic devices
E)  All of the aboveF) A) and B)
G) None of the above

Question 10

Which of the following is a set of official standards of employee behavior?

Accepted Answer

A)  Code of ethics
B)  Code of conduct
C)  Ethical relativism
D)  Ethical dilemma
E)  All of the aboveF) A) and B)
G) A) and C)

Question 11

An entrepreneur who does not pay him/herself may not realize the opportunity cost of working for oneself.

Accepted Answer

A) True 
 B)False  True

Question 12

Negative effects of coercive leadership include all of the following except ________.

Accepted Answer

A)  It damages employee morale
B)  It diminishes the flexibility of the company
C)  It diminishes the effectiveness of the company
D)  Employees may stop thinking and acting for themselves
E)  It motivates employees to work harderF) B) and D)
G) C) and D)

Question 13

Ethical ________ is a circumstance in which there is a conflict of ethical values,which thus muddy decision making.

Accepted Answer

A)  Dilemma
B)  Relativism
C)  Imperialism
D)  Conduct
E)  None of the aboveF) A) and B)
G) B) and E)

Question 14

A ________ is someone who gets things done through influence by guiding or inspiring others to voluntarily participate in a cause or project.

Accepted Answer

A)  Leader
B)  Manager
C)  Coworker
D)  Volunteer
E)  BossF) A) and E)
G) A) and B)

Question 15

An authoritative leader takes a ________ approach.

Accepted Answer

A)  "Come with me"
B)  "Get out of my way"
C)  "Get over here"
D)  "Work harder"
E)  "I'll do it myself"F) None of the above
G) C) and D)

Question 16

Which Microsoft product helps in implementing a Gantt chart?

Accepted Answer

A)  Project
B)  Publisher
C)  Outlook
D)  Access
E)  ExcelF) A) and B)
G) A) and C)

Question 17

________ set the tone for how your business operates.

Accepted Answer

A)  You
B)  Managers
C)  Staff
D)  Employees
E)  StakeholdersF) C) and D)
G) B) and E)

Question 18

The Silver Rule says,"Do unto others as you would have others do unto you."

Accepted Answer

A) True 
 B)False  False

Question 19

A "people come first" method that is effective when the business is in the team-building stage describes the pacesetting leadership type.

Accepted Answer

A) True 
 B)False

Question 20

Whereas the underlying values provide a basis for ethical behavior,clear,written guidelines can create a firmer foundation and more consistent implementation.

Accepted Answer

A) True 
 B)False

Exam 20: Leadership and Ethical Practices

One of the reasons people become entrepreneurs is to gain control over their time.So allow yourself ________.

Correct AnswerverifiedShow Answer

Getting more done in less time does not contribute to success.

Correct AnswerverifiedShow Answer

Which of the following is the statement of the values of a company?

Correct AnswerverifiedShow Answer

________ is a system of moral conduct and judgment that helps determine right and wrong.

Correct AnswerverifiedShow Answer

One of the easiest aspects of maintaining integrity for any entrepreneur is complying with the multitude of laws that apply to business.

Correct AnswerverifiedShow Answer

Which of the following is not a good alternative to sit-down meetings?

Correct AnswerverifiedShow Answer

Entrepreneurs who do not pay themselves regularly tend to understate their return on investment.

Correct AnswerverifiedFalse

Leaders perpetually have more tasks to complete than there is time to complete them.

Correct AnswerverifiedShow Answer

Some tips that can assist in increasing effectiveness include ________.

Correct AnswerverifiedShow Answer

Which of the following is a set of official standards of employee behavior?

Correct AnswerverifiedShow Answer

An entrepreneur who does not pay him/herself may not realize the opportunity cost of working for oneself.

Correct AnswerverifiedTrue

Negative effects of coercive leadership include all of the following except ________.

Correct AnswerverifiedShow Answer

Ethical ________ is a circumstance in which there is a conflict of ethical values,which thus muddy decision making.

Correct AnswerverifiedShow Answer

A ________ is someone who gets things done through influence by guiding or inspiring others to voluntarily participate in a cause or project.

Correct AnswerverifiedShow Answer

An authoritative leader takes a ________ approach.

Correct AnswerverifiedShow Answer

Which Microsoft product helps in implementing a Gantt chart?

Correct AnswerverifiedShow Answer

________ set the tone for how your business operates.

Correct AnswerverifiedShow Answer

The Silver Rule says,"Do unto others as you would have others do unto you."

Correct AnswerverifiedFalse

A "people come first" method that is effective when the business is in the team-building stage describes the pacesetting leadership type.

Correct AnswerverifiedShow Answer

Whereas the underlying values provide a basis for ethical behavior,clear,written guidelines can create a firmer foundation and more consistent implementation.

Correct AnswerverifiedShow Answer

Correct Answer
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False

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True

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False

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