The Hum-dinger Corporation recently instituted a corporate ethics code. The president of the company realizes that ethical relationships are based on:

Question

Quizplus · Accepted Answer

Fairness and honesty are the foundation of ethical relationships. While penalties for illegal activities and monitoring compliance are important components of an ethics code, they are not the basis of ethical behavior. Similarly, while whistleblowers and watchdogs can help ensure ethical conduct, they should not be relied on as the sole means of maintaining an ethical corporate culture.

The Hum-Dinger Corporation Recently Instituted a Corporate Ethics Code