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V154 BSBLDR602 Assessment Task - 1

This document contains questions and responses related to business ethics and leadership. It discusses key concepts like business ethics, ethical leadership, leadership styles, and strategies for effective leadership. The questions cover topics such as the definition of business ethics, characteristics and benefits of ethical leadership, different leadership styles and their impact on organizational culture, and strategies for building trust, encouraging participation, and ensuring workplace safety and non-discrimination.

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Briyidt Alejandra Caro
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494 views3 pages

V154 BSBLDR602 Assessment Task - 1

This document contains questions and responses related to business ethics and leadership. It discusses key concepts like business ethics, ethical leadership, leadership styles, and strategies for effective leadership. The questions cover topics such as the definition of business ethics, characteristics and benefits of ethical leadership, different leadership styles and their impact on organizational culture, and strategies for building trust, encouraging participation, and ensuring workplace safety and non-discrimination.

Uploaded by

Briyidt Alejandra Caro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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V154 BSBLDR602 Assessment Task - 1

ASSESSMENT TASK ONE

Short Answer Questions

Questions

1. Discuss the concept of business ethics (in 80 to 90 words).

Business ethics refers to implementing appropriate business policies and practices with regard
to arguably controversial subjects. Some issues that come up in a discusión of ethics include
corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary
responsibilities.

2. Discuss ethical leadership and its importance in supporting organisational values (in 80 to 90
words).

Ethical leadership means that individuals behave according to a set of principles and values that
are recognized by the majority as a sound basis for the common good. These include integrity,
respect, trust, fairness, transparency, and honesty. Ethical leadership must be a conscious
decision.
Ethical leadership is leadership that is directed by respect for ethical beliefs and values and for
the dignity and rights of others. It is thus related to concepts such as trust, honesty,
consideration, charisma, and fairness.

3. List three (3) characteristics of an ethical leader.

✓ Respects everyone equally.


✓ Communicates openly.
✓ Manages stress effectively.

4. List three (3) benefits of ethical leadership.

✓ Attract potential investors.


✓ Improved hiring.
✓ Improved morale.

5. List four (4) styles of leadership and describe the impact of each of the identified styles on
organisational culture (in 200 to 300 words).

✓ Autocratic,
The phrase most illustrative of an autocratic leadership style is "Do as I say". Generally,
an autocratic leader believes that he or she is the smartest person at the table and
knows more than others. They make all the decisions with little input from team
members.
This command-and-control approach is typical of leadership styles of the past, but it
doesn't hold much water with today's talent.

✓ Authoritative,
The phrase most indicative of this style of leadership (also known as "visionary") is
"Follow me." The authoritative leadership style is the mark of confident leaders who
V154 BSBLDR602 Assessment Task - 1

map the way and set expectations, while engaging and energizing followers along the
way.
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✓ Laissez Faire (or non-directive/free reign),


Laid back leaders who provide little leadership to staff.
They are more likely to provide information and general instruction and leave staff to
work independently. This style can be effective if working with highly trained and expert
staff who require little direction or instruction.

✓ Pacesetting,
"Keep up!" is the phrase most indicative of leaders who utilize the pacesetting style.
This style describes a very driven leader who sets the pace as in racing. Pacesetters set
the bar high and push their team members to run hard and fast to the finish line.

6. Explain how a charismatic leader can assist in ensuring that a company’s vision is implemented
(in 30 to 40 words).

Charismatic leadership is defined by a leader who uses his or her communication skills,
persuasiveness, and charm to influence others. Charismatic leaders, given their ability to connect
with people on a deep level, are especially valuable within organizations that are facing a crisis
or are struggling to move forward.

7. Discuss three (3) strategies that can be used to encourage employee participation in decision-
making (in 10 to 40 words each).

✓ Form a committee. Once a company reaches a certain size, it can be hard to hear
everyone's voice.
✓ Suggestion box.
✓ Offer choices.
✓ Let them choose their training.
✓ Remove set work hours.

8. Discuss three (3) strategies that a leader can use for building trust and confidence with
colleagues (in 20 to 40 words each).

✓ Be honest,
The truth should always be a leader's greatest weapon. Although reality can often be
painful or annoying, hiding certain things can complicate many situations.

✓ Delegate tasks to others,


Having leadership skills does not mean having to take care of everything. Leadership
requires delegation. When leaders trust their team to complete what is assigned to
them, it fosters positive morale and mutual respect. A leader cannot do everything
alone. Thinking this is unrealistic. So a good leader needs to leave his collaborators
alone and trust so that teamwork is efficient.
V154 BSBLDR602 Assessment Task - 1

✓ Be encouraging and supportive,


The ability to put yourself in the place of others, understand their concerns and solve
their problems. All this results in a greater probability of achieving the objectives of the
organization.

9. Explain the importance of leadership in ensuring that work health and safety legislation is met
(in 80 to 100 words).

Effective health and safety performance comes from the top; members of the board have both
collective and individual responsibility for health and safety. Directors and boards need to
examine their own behaviours, both individually and collectively, against the guidance given -
and, where they see that they fall short of the standards it sets them, to change what they do
to become more effective leaders in health and safety.

10. Give five (5) reasons why it is important to follow anti-discrimination law and provide equal
opportunity, giving a short explanation of each.

✓ The best person gets each job.


✓ The right employees are trained in the right skills.
✓ The best employees are promoted.
✓ Each employee’s skills are developed to reach their full potential no matter what sex.
✓ To have equal opportunity.

Evidence Submission Checklist

Evidence to be submitted Have I completed this?


Answers to all questions ✓

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