In Drawing Up a Code of Ethics, a Small Business

question 43

Multiple Choice

In drawing up a code of ethics, a small business owner should adopt a code

• A)provided by the ethics resource centre.
• B)that outlines ethical principles and gives examples.
• C)that outlines ethical principles but avoids examples.
• D)suggested by the Better Business Bureau.

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Definitions:

Reward Systems

Mechanisms or programs designed to motivate and compensate employees through various forms of payment, recognition, or benefits.

Task-Oriented Leadership

A leadership style that focuses on the tasks that need to be performed in order to meet certain goals, emphasizing clear roles, structured activities, and high productivity.

Path-Goal Theory

A leadership theory that suggests leaders should adjust their style to fit the developmental and motivational needs of their subordinates to achieve the desired outcome.

Supportive Leadership

A leadership style characterized by caring for the well-being of employees and being supportive of their needs and concerns.