Question: Why is the method of constructing a code of ethics / con uct important? Because it should reflect the unique culture and values of the

Why is the method of constructing a code of ethics/conuct important?
Because it should reflect the unique culture and values of the organization.
Because it is important to recognize that their primary purpose is to make the company appear ethical to outsiders.
Because it should be identical across similar industri.
Because it needs to be approved by legal authorities.
Why is the method of constructing a code of ethics/conuct important?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Managerial Decision Making Six Decision Stages in Chapter 5 I. Identify and Diagnose the Problem Consider the following questions when identifying and diagnosing the problem: Is there a difference...

Q:

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

Q:

I need to summarize this please these issues. "The IRS is concentrating on good governance - is there a publicly stated mission, an active, independent, and engaged board overseeing the organization...

Q:

The Qualitative Report Volume 10 Number 4 December 2005 758-770 http://www.nova.edu/ssss/QR/QR10-4/krauss.pdf Research Paradigms and Meaning Making: A Primer Steven Eric Krauss Universiti Putra,...

Q:

512 CHAPTER 16 Organizational Culture Like every major CEO, Burns is a millionaire. Yet she still shops for groceries. She drives herself to work. She cleans her own house. \"Where you are is not who...

Q:

Please help me to answer the question: why is IFRS an appropriate direction for accounting practice to ensure consistency and comparability of accounting practice across the world? Use the attach...

Q:

please help with this case study! using the format below, with the chapters information provided! This is Chapter seven. The Chapter is called :Designs for societal impact:Dual purpose organizations,...

Q:

Conducting successful international sport business requires sound and ethical decision making. Leading sport businesses realize that managers face many different situations that may require them to...

Q:

3. Explain corporate culture in light of ethical conduct. 4. Examine the compliance program ofa publicly held company. Does the company have a mission statement related to ethics? Comment on the...

Q:

You are requested to write its Summary 346 Gillian Rice My focus in this paper is on the ethical principles which relate to business and which are contained in the religion of Islam. Islam is gen-...

Q:

A project has estimated annual net cash flows of $ 96,200 for four years and is estimated to cost $ 315,500. Assume a minimum acceptable rate of return of 10%. Using Exhibit 2, determine (1) The net...

Q:

The nuclear force between two neutrons in a nucleus is described roughly by the Yukawa potential U(r)=U_0*r_0*r*e^(r/r_0), where r is the distance between the neutrons and U_0 and r_0(10^(15)m) are...

Q:

Suppose that the pre tax holding period returns on two stocks are the same. Stock A has a high dividend payout policy and stock B has a low dividend payout policy. If you are an individual in a high...

Q:

A company currently pays a dividend of $1.2 per share (D 0 = $1.2). It is estimated that the company's dividend will grow at a rate of 17% per year for the next 2 years, and then at a constant rate...