Companies Must Adopt and Disseminate a Written Code of Ethics

question 21

True/False

Companies must adopt and disseminate a written code of ethics, build a company tradition of ethical behaviour, and hold its people fully responsible for observing ethics and legal guidelines if the firm wishes to demonstrate ethical behaviour.

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Definitions:

U.S. Consumption

This term refers to the total value of all goods and services consumed within the United States over a specific time period.

Government Purchases

Expenditures by the government on goods and services that directly consume resources or are used in the production of public services.

GDP

Stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders in a specific time period and a key indicator of economic health.

Net Exports

The financial difference between what a country sells abroad and what it buys from other countries, representing its trade balance.