What Is Not a Common Mistake When Designing and Implementing

question 32

Multiple Choice

What is not a common mistake when designing and implementing an ethics program?

• A)Failing to fully understand the goals of the program
• B)Not setting realistic or measurable goals
• C)Having top management take ownership of the ethics program
• D)Developing materials that do not address the needs of the average employee
• E)Transferring a program between countries and cultures without making adjustments

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Definitions:

Wildcat Fund

A type of investment fund that takes on high-risk investments, hoping for significantly higher-than-average returns.

M2 Measure

A broad measurement of a country's money supply that includes cash, checking deposits, and easily convertible near money, such as savings deposits and money market securities.

T-Bills

Short-term government securities with maturity periods of one year or less, considered a safe and liquid investment.

Jensen's Measure

A metric used to evaluate the performance of an investment manager by comparing their returns with those of a benchmark, adjusting for market risk.