A rapid increase in the appointment of corporate ethics officers typically follows:
A)the acquisition of one company by another.
B)the revelation of a major business scandal.
C)the appointment of a new CEO.
D)a substantial decrease in the stock price of a firm.

Question

Quizplus · Accepted Answer

A major business scandal often leads to a loss of public trust and can damage a company's reputation. To restore confidence and prevent future unethical behavior, many companies will appoint a corporate ethics officer to oversee and enforce ethical standards within the organization. This can help prevent further scandals and improve public relations.

A Rapid Increase in the Appointment of Corporate Ethics Officers