Which of the following statements is most likely true about firms with formal codes of ethics?
A) Virtually all ethical issues are eliminated from the firm.
B) Ethical training is unnecessary, redundant, and too costly to be effective.
C) Organizational practices and a strong ethical corporate culture are essential.
D) Individual codes must be developed and implemented for each subunit in the firm.
Correct Answer:
Verified
Q54: Social responsibility is the set of obligations
Q55: What is ethical compliance? How can global
Q56: Codes of ethics are one of the
Q57: The primary purpose of the Kimberley Process
Q58: A company that is socially responsible will
Q60: What is social responsibility? What are the
Q61: The Body Shop seeks out opportunities to
Q62: A company taking a proactive approach to
Q63: A company with a defensive stance to
Q64: Firms that view themselves as citizens of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents