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Corporate Governance in the South African Business Environment

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Corporate Governance in the South African Business Environment

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Questions and Answers

What is the purpose of a business ethics policy?

To guide the behavior of all members of the organization to conduct business with honesty and integrity.

Define a culture of ethics in an organization.

A set of assumptions, expectations, and practices that guide and encourage both managers and employees to conduct themselves ethically.

What does the Code of Conduct enforce within an organization?

The ethics policy of the organization.

What are some examples of personal information that organizations must protect?

Personal information of employees, clients, and customers. Signup and view all the answers

What are some grounds on which discrimination is prohibited in the workplace?

Race, gender, sex, pregnancy, marital status, ethnic or social origin, color, sexual orientation, age, disability, religion, conscience, belief, culture, language, and birth. Signup and view all the answers

Why is it important for organisations to have an ethics hotline?

To support a culture of ethics where honesty and accountability are underscored. Signup and view all the answers

What should HR managers ensure to encourage employees to report ethical breaches?

That an ethical culture manifests within the organisation. Signup and view all the answers

What should organisations provide in terms of reporting formats for their ethics hotline?

Multiple reporting formats. Signup and view all the answers

Why is anonymity and confidentiality important in an ethics hotline?

To protect the identity of the individuals making reports. Signup and view all the answers

What should organisations ensure regarding the availability of their ethics hotline?

Constant availability of the service. Signup and view all the answers

Why should organisations promote the ethics hotline continuously?

To encourage its use and awareness among employees. Signup and view all the answers

How should organisations handle whistleblowers who report ethical breaches?

No retaliation against whistleblowers. Signup and view all the answers

What is the role of independent third-party service providers in an ethics hotline?

To ensure impartial handling of reports. Signup and view all the answers

Why is evaluating, testing, and auditing the effectiveness of the ethics hotline important?

To ensure its efficiency in addressing ethical concerns. Signup and view all the answers

What is the purpose of the ethics hotline guidelines mentioned in the text?

To provide a framework for the successful implementation of an ethics hotline. Signup and view all the answers