What Is the Most Effective Step That a Company Can

question 123

Multiple Choice

What is the most effective step that a company can take to promote ethical behavior?

• A) conduct frequent comprehensive audits of all financial information
• B) have employees sign a code of conduct upon hiring
• C) demonstrate top management support of ethical standards
• D) publicize efforts to become more ethical
• E) survey employees on their personal ethical codes

Examine the consequences of contract breaches and the available remedies.

Distinguish between executed, executory, void, voidable, and unenforceable contracts.

Apply principles of contract interpretation and the importance of the contract's formality.

Identify the various defenses that can be used to avoid contract enforcement.

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Definitions:

Performance Appraisal

A structured assessment process where an employee's effectiveness and achievements are reviewed and communicated by supervisors.

Central Tendency Error

A bias in performance appraisal where evaluators unfairly rate most employees around the average or middle of the scale.

Establishment Stage

A phase in career development where individuals focus on achieving stability and success in their chosen profession.

Maintenance Stage

In behavior change models, the phase where new behaviors are sustained over time and relapse is avoided.