Question: true? A company's values statement and code of ethics are major factors in preventing a company from having a weak or unhealthy culture. Strongly ingrained
true?
A company's values statement and code of ethics are major factors in preventing a company from having a weak or unhealthy culture.
Strongly ingrained values and ethical standards reduce the likelihood of lapses in ethical and socially approved behavior that mar a company's public image and put its financial performance and market standing at risk.
A company's values statement and code of ethics tend to have little impact on shaping the true character of a company's culture whenever a company's stated core values and code of ethics are cosmetic and exist mainly to impress outsiders and help create a positive company image.
One of the culturebuilding roles of a company's stated core values and ethical standards is to foster a work climate where company personnel share common and strongly held convictions about how the company's business is to be conducted.
A company's stated core values and ethical principles signal employees that they are expected to display the company's values in their actions do things the right way and uphold the company's ethical standards do the right thing
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
