An Organization's Code of Ethics Is

question 14

Multiple Choice

An organization's code of ethics is:

• A)written guidelines for employees to follow based on the company's specific ethical standards and values.
• B)a verbal oath required of employees to demonstrate their commitment to the employer's ethical standards and values.
• C)a legal requirement from the government.

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Definitions:

Reconstructive Memory Principle

The concept that memories are not played back exactly as they happened, but are reconstructed, or pieced together, from various sources.

Hindsight Bias

The tendency to believe, after an outcome is known, that it was predictable, despite there being little or no objective basis for predicting it.

Reconstruction Bias

a type of cognitive bias that involves memory errors in which individuals may add or omit details in their recollection of events.

Overconfidence Bias

The tendency to hold a subjective belief unreasonably confidently, making someone believe their ability, or the accuracy of their information, is higher than it actually is.