The practices associated with an ethical culture have become institutionalized in the firm if they

Question

Quizplus · Accepted Answer

The best answer is D because an ethical culture is only truly institutionalized when it becomes the set of actions accepted by most of the firm's employees and stakeholders. While having a written code of ethics or mentioning ethical practices in the company's mission statement can contribute to an ethical culture, these alone do not guarantee that the practices are actually being followed and accepted by employees and stakeholders. Additionally, while having the CEO embrace ethical practices is important, it is also necessary for these practices to be embraced by a majority of employees and stakeholders in order to become institutionalized throughout the firm.

The Practices Associated with an Ethical Culture Have Become Institutionalized