General Management · Professional Ethics
Consider the following assertions regarding work ethics in banking: Statement 1: Work ethics are partly governed by internal HR guidelines like dress codes and punctuality. Statement 2: Ethical conduct is rooted in the individual's commitment to the 'Duty of Care' in handling public money. Statement 3: Competitive pressure to meet KPIs can cause 'Ethical Fading', where moral dimensions are overlooked. Which of the evaluations is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only Statement 2 is correct as it captures the core essence of banking.
- 2All three statements are correct and provide a comprehensive view.✓
- 3Statement 2 and 3 are correct, but Statement 1 is incorrect.
- 4Statement 1 and 2 are correct, but Statement 3 is irrelevant to banking.
Correct answer
All three statements are correct and provide a comprehensive view.
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