Compliance with the law is the baseline for effective and responsible managerial action.

Question

Quizplus · Accepted Answer

Compliance with the law is the minimum standard for ethical and responsible behavior in any organization. Failing to meet legal requirements can lead to fines, lawsuits, and damage to the reputation of the organization. However, ethical and responsible managers should also strive to go beyond mere legal compliance and take proactive steps to address social and environmental concerns.

Compliance with the Law Is the Baseline for Effective and Responsible