All of the Following Are Functions of Codes of Ethics

question 115

Multiple Choice

All of the following are functions of codes of ethics except

• A) they increase public confidence in a firm or its industry.
• B) they ensure that unethical behaviour will not occur in the firm.
• C) they may help stem the tide of government regulation.
• D) they improve internal operations by providing consistent ethical standards.
• E) they help management respond to problems that arise as a result of unethical behaviour.

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Definitions:

Similar Values

Refers to values or principles that are shared between individuals, groups, or organizations, which often serve as a foundation for collaboration or mutual understanding.

Pluralism

A condition or system in which two or more states, groups, principles, sources of authority, etc., coexist.

Structural Integration

The process of organizing and coordinating the components of an organization or system to work efficiently towards achieving set objectives.

International Flavours

A reference to the variety and diversity of tastes and cuisines found around the world, often brought forth by globalization and cultural exchanges.