Multiple Choice
Walter Warburg & Co., a new investment banking firm, has dismissed the idea of establishing a code of ethics for its employees. Which of the following consequences is most likely to take place as a result of this decision?
A) It can now clearly state policies for behavior in specific situations.
B) It can capture distinctly what the organization understands ethical behavior to mean.
C) It will not be allowed to operate, as having a written code of ethics is mandatory in every organization.
D) It cannot document punishments for the violation of ethical policies.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: Some of the employees, including the top
Q49: Discuss organizational integrity.
Q50: Smaller companies need to include their code
Q51: A well-written code of ethics can capture
Q52: Which of the following statements is most
Q54: It is important to establish an extensive
Q55: According to the Institute of Business Ethics,
Q56: Proactive ethical policies of an organization are
Q57: There is no perfect model for a
Q58: Reactive ethical policies of a company are