In an Organizational Context, Ethics Reveal a Value System That

question 23

True/False

In an organizational context, ethics reveal a value system that has been widely adopted by the firm's employees.

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Definitions:

Exchange

A fundamental economic concept involving the giving of one thing in return for another, also applicable in social and organizational contexts.

Reciprocity

The mutual exchange of goods, services, favors, or support between individuals or groups, expecting a similar benefit in return.

Norm

A standard or guideline that is accepted and expected within a group, culture, or society, dictating behavior that is considered normal or appropriate.

Reciprocity

A social exchange principle where the actions of one party lead to a response by another party, typically in a manner that mirrors the original action.