Actions That Effective Strategic Leaders Can Take to Develop an Ethical

question 28

Multiple Choice

Actions that effective strategic leaders can take to develop an ethical organizational culture include all of the following EXCEPT:

• A) relying on the fundamental goodness of individuals.
• B) using reward systems that recognize acts of courage.
• C) communicating goals that describe the firm's ethical standards.
• D) creating a work environment where individuals are treated with dignity.

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Definitions:

Business Forms

Various legal structures that businesses can take, such as sole proprietorships, partnerships, corporations, and limited liability companies (LLCs), each with different legal and financial implications.

Incorporation Options

Various legal structures available for setting up and registering a company, each with different regulatory, tax, and liability implications.

Malpractice

Professional misconduct or lack of skill that results in harm to another, common in medical, legal, and financial services professions.

Partnership

A form of business legally established for joint operation, where management duties and profits are shared among two or more collaborators.