Most companies focus more on an ethics approach to prevent wrongdoing than on a compliance approach.

Question

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Most companies focus more on a compliance approach to prevent wrongdoing, as it involves adhering to laws, regulations, and standards to avoid legal penalties, whereas an ethics approach is centered around fostering a culture and values that promote ethical behavior beyond mere compliance with laws. Compliance is often seen as a baseline requirement, while ethics is more about the discretionary decisions and behaviors of individuals within an organization.

Most Companies Focus More on an Ethics Approach to Prevent