Some of the employees, including the top managers and the board of directors, of Warburges Inc. have been in the news lately for accepting bribes and using corporate resources for personal expenses. Which of the following characteristics did the firm fail to demonstrate?
A)Vicarious liability
B)Ethical relativism
C)Organizational integrity
D)Corporate governance

Question

Quizplus · Accepted Answer

Organizational integrity refers to the commitment of a firm to ethical and moral principles that guide its conduct and decision-making processes. In this case, the employees of Warburges Inc. have engaged in unethical and fraudulent activities, indicating a lack of organizational integrity. The other options are not relevant to the scenario described. Vicarious liability relates to holding a firm responsible for the actions of its employees, ethical relativism refers to the belief that ethical standards are subjective and vary across cultures, and corporate governance pertains to the system of rules and practices that govern a company's operations and decision-making processes.

Some of the Employees, Including the Top Managers and the Board