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Core Values in Smart Textiles Industry

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Questions and Answers

What is one of the core values emphasized by the company?

Cutthroat competition

Open communication and trust (correct)

Profit maximization at all costs

Innovation

How does SSPL prioritize individual honor and company stake?

Individual honor is valued more than company stake

Company stake is prioritized over individual honor (correct)

Both are given equal importance

Neither is given importance

What is a key aspect of SSPL's policy for Ethics and Code of Conduct?

Promoting discrimination in the workplace

Ignoring ethical conduct for higher profits

Disregarding stakeholders' needs

Implementing core values in daily operations (correct)

How does SSPL aim to handle stakeholders?

By proactively exceeding their expectations (C) Signup and view all the answers

Where does the mentioned Code of Conduct apply?

At all operational locations of Sitaram Spinners (D) Signup and view all the answers

What is one of the areas covered by the Code of Conduct guidelines?

Protection of company assets and confidential information (D) Signup and view all the answers

Who does the Code of Conduct NOT apply to?

Customers who purchase products from Sitaram Spinners (B) Signup and view all the answers

What is the main purpose of periodically reviewing and updating the Code of Conduct?

To ensure consistent ethical behavior within the organization (A) Signup and view all the answers

What is the aim of establishing a Universal Ethical Standard according to the text?

To ensure consistent ethical behavior within and outside the organization's boundaries (C) Signup and view all the answers

What is one of the goals of ensuring Adherence and Accountability as mentioned in the text?

To foster a culture of responsibility and adherence to the company's values (D) Signup and view all the answers