An Ethics Committee Should Not Be Part of a Corporate

question 34

True/False

An ethics committee should not be part of a corporate department but should be independent and cross-departmental.

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Definitions:

Compensation Policies

Guidelines and strategies a company uses to determine how employees are paid, including salaries, bonuses, and benefits, ensuring fair and competitive remuneration.

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the organization's actions, objectives, and policies.

Computers

Electronic devices designed to process data according to a set of instructions, known as programs.

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them, often within the context of business or military planning.