Most Firms That Experience Ethical or Legal Problems Actually Have

question 20

Multiple Choice

Most firms that experience ethical or legal problems actually have a code of ethics or an ethical compliance program in place. Why is it that these firms can still have ethical problems despite having a code of ethics or compliance program?

• A) Their codes typically don't cover high risk issues.
• B) Their codes are typically written by consultants outside the firm.
• C) Their codes are typically not integrated into daily decision making.
• D) Their codes are written with no input from employees or customers.
• E) Their codes are mandated by regulation rather than originating from within the firm.

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Definitions:

Recurrent

Occurring repeatedly or periodically. This can refer to events, phenomena, or conditions that happen over and over again.

Daily Life

Activities and experiences that constitute a person's regular routine and existence.

Biological Views

Perspectives in science that emphasize the importance of physiological and genetic factors in understanding human behavior and mental processes.

Genetically Predisposed

Having a higher likelihood of developing certain traits or diseases based on inherited genetic factors.