Fundamentals of Business Intelligence (FBI) Practice Exam

What term describes the standards of behavior that guide managers in their work?

1. Ethical Guidelines

2. Written Codes

3. Organizational Policies

4. Management Principles

The correct answer is: Written Codes

The term that best describes the standards of behavior that guide managers in their work is "Ethical Guidelines." Ethical guidelines are essential as they provide a framework for making decisions based on moral principles and values, ensuring that managers act responsibly and with integrity in their professional roles. These guidelines help establish a culture of ethics within an organization, influencing how managers interact with employees, stakeholders, and the community at large. Adherence to ethical guidelines promotes trust and accountability, which are critical for effective management and can lead to better decision-making and risk management. While written codes can refer to formal documents that outline specific rules, they may not encompass the broader concept of ethical behavior. Organizational policies typically deal with procedures and rules rather than the underlying ethical standards. Management principles, on the other hand, can include a variety of theoretical approaches to management but do not specifically focus on ethical standards. Therefore, "Ethical Guidelines" is the most accurate term in this context for describing the standards of behavior that managers are expected to follow.