BMO Leadership & Ethics

Question 1

What is a key characteristic of effective leadership?

Accepted Answer

Inspiring and guiding others

Answer

Micromanagement

Answer

Authoritarian control

Answer

Avoiding conflict

Question 2

Why is ethical behavior important in business leadership?

Accepted Answer

To build trust and maintain integrity

Answer

To improve appearance

Answer

To reduce salary expenses

Answer

To increase competition

Question 3

Which leadership style focuses on team input and collaboration?

Accepted Answer

Democratic

Answer

Autocratic

Answer

Laissez-faire

Answer

Transformational

Question 4

What is a code of ethics?

Accepted Answer

A set of moral and professional guidelines

Answer

A list of business goals

Answer

A pricing strategy document

Answer

An HR policy manual

Question 5

How can leaders promote ethical behavior within their team?

Accepted Answer

By leading by example and encouraging transparency

Answer

By ignoring misconduct

Answer

By enforcing strict punishments only

Answer

By delegating all ethical decisions

Question 6

What is transformational leadership?

Accepted Answer

Inspiring followers to achieve greater goals

Answer

Controlling every aspect of operations

Answer

Managing by fear

Answer

Avoiding risk-taking