Which of the following is the most effective way to encourage ethical business behavior?
A) Pass government regulations.
B) Provide guidelines from trade associations.
C) Include an ethics clause in a labor contract.
D) Establish and enforce a corporate code of ethics.
E) Rely on employees to blow the whistle.

Question

Quizplus · Accepted Answer

Establishing and enforcing a corporate code of ethics is the most effective way to encourage ethical business behavior. This provides a clear set of guidelines for employees to follow and ensures that the company takes ethical behavior seriously. It also establishes consequences for unethical behavior, which can serve as a deterrent. While the other options may also have some impact, they are typically not as effective as a strong, enforced code of ethics.

Which of the Following Is the Most Effective Way to Encourage