HP Chase Inc.,an investment banking firm,has decided to make ethical behavior sustainable for the organization.It has established the process of monitoring and enforcement of ethical behavior by establishing a code of ethics.Which of the following is the step that HP Chase Inc.is most likely to undertake next?
A) Reward ethical behavior demonstrated by the board of directors
B) Hire an ethics officer
C) Reward ethical behavior demonstrated by employees
D) Support the code of ethics with extensive training for every member of the organization

Question

Quizplus · Accepted Answer

The establishment of a code of ethics is a good first step towards making ethical behavior sustainable, but it is not enough. To ensure that every member of the organization is aware of and understands the code of ethics, extensive training is necessary. This will help to ensure that employees have the knowledge and tools necessary to behave ethically in every situation. Therefore, the next step that HP Chase Inc. is most likely to undertake is to support the code of ethics with extensive training for every member of the organization. Hiring an ethics officer or rewarding ethical behavior demonstrated by the board of directors or employees may also be important steps, but they are not the next logical step after establishing a code of ethics and implementing a process of monitoring and enforcement.