The Ethics of an Organization Exist Separate and Apart from the Ethics

question 161

True/False

The ethics of an organization exist separate and apart from the ethics of the country or society in which it operates.

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Definitions:

Amalgamation

The process of combining two or more companies into a single new entity, typically to enhance competitive strengths or streamline operations.

Legal Procedures

Established methods and protocols under law by which rights or judgements are enforced and disputes are resolved.

Stock Exchange Bid

An offer made by an investor to buy a specific number of shares at a specified price on a stock exchange.

Control Block

A large number of shares, sufficient to give the shareholder significant influence or control over the company.