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BEM Requirements for Professional Engineers Assessment

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BEM Requirements for Professional Engineers Assessment

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Questions and Answers

What role does a written code of ethics play in an organization?

Developing technological innovations

Defining marketing strategies

Setting goals for financial growth

Measuring individual and organizational performance (correct)

How does a code of ethics empower employees?

By increasing government fines

By providing guidance on ethical dilemmas (correct)

By restricting access to resources

By limiting their decision-making abilities

What does a code of ethics encourage within an organization?

Ethical misconduct

Financial risk-taking

Ethics discussions and compliance (correct)

Conflict escalation

Why do public companies need to implement codes of ethics?

To comply with legislation Signup and view all the answers

How can organizations reduce financial risks associated with ethical misconduct?

By demonstrating a good faith effort through codes of ethics Signup and view all the answers

What function does a code of ethics serve in terms of compliance?

Meeting legislative requirements Signup and view all the answers

In what way does a code of ethics support day-to-day decision making?

By serving as a reference for employees Signup and view all the answers

Why is a code of ethics considered a valuable reference within an organization?

Because it helps locate relevant documents and resources related to ethics Signup and view all the answers

How can a code of ethics serve as a marketing tool for a company?

By making public statements about high standards and right conduct Signup and view all the answers

What is one of the important purposes served by a code of ethics externally?

Serving as a public statement of the company's values Signup and view all the answers