Podcast
Questions and Answers
What role does a written code of ethics play in an organization?
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?
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?
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?
Why do public companies need to implement codes of ethics?
How can organizations reduce financial risks associated with ethical misconduct?
How can organizations reduce financial risks associated with ethical misconduct?
What function does a code of ethics serve in terms of compliance?
What function does a code of ethics serve in terms of compliance?
In what way does a code of ethics support day-to-day decision making?
In what way does a code of ethics support day-to-day decision making?
Why is a code of ethics considered a valuable reference within an organization?
Why is a code of ethics considered a valuable reference within an organization?
How can a code of ethics serve as a marketing tool for a company?
How can a code of ethics serve as a marketing tool for a company?
What is one of the important purposes served by a code of ethics externally?
What is one of the important purposes served by a code of ethics externally?