When a firm has a code of ethics in place, the role of managers in enforcing ethical behavior is minimized.

Name: When a firm has a code of ethics in place, the role of managers in enforcing ethical behavior is minimized.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While a code of ethics provides guidance on expected ethical behavior, it is still the responsibility of managers to enforce those standards and lead by example. Without active enforcement by management, the code of ethics may not be effectively followed by employees.

When a Firm Has a Code of Ethics in Place