Organizational Ethics Programs: Codes of Conduct and Values

A code of ethics focuses on preventing misconduct, while a values statement addresses current ethical issues.

A code of ethics is revised annually, while a values statement is communicated frequently to employees.

A code of ethics reflects upper managers' desire for compliance, while a values statement is developed with input from stakeholders. (correct)

A code of ethics is developed by the legal staff, while a values statement involves the board of directors.

To ensure the code addresses high-risk activities within daily operations. (correct)

To provide examples that reflect the organization's values.

To reflect upper managers' desire for compliance with ethical standards.

To identify overlaps in organizational and stakeholder values.

To identify overlaps in organizational and stakeholder values.

To communicate the code frequently to employees.

To make the code understandable by providing reflections of values. (correct)

To reflect upper managers' desire for compliance with ethical standards.

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<p>To make these values a part of the corporate culture.</p> Signup and view all the answers