The Main Purpose of an Ethics Code Is to State

question 8

True/False

The main purpose of an ethics code is to state the values, principles, and ideals that each member of an organization must agree to.

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Definitions:

Multinational Technology

Technologies created, distributed, and utilized by companies operating in multiple countries, emphasizing global innovation and connectivity.

Documentary Collection

A banking process where the seller's bank collects payment for goods from the buyer, against delivery of certain documents.

Exporter's Bank

A financial institution that provides services and financing to companies involved in exporting goods and services abroad.

Collecting Payment

The process of receiving money owed for goods or services provided.