A Code of Ethics Refers to

question 15

Multiple Choice

A code of ethics refers to

• A)a formal statement of moral and ethical business attitudes.
• B)a formal statement of ethical principles and rules of conduct.
• C)an informal guide of ethical principles that can guide challenging decisions.
• D)the written,signed document stating the beliefs and values of each employee in a firm.
• E)a firm's itemized list of business activities that are and are not consistent with the company's mission statement.

Comprehend the importance of fairness (procedural, distributive, interactional justice) during the implementation of downsizing decisions.

Understand the implications of downsizing on future work structures and employee relationships.

Describe alternatives to downsizing for cost reduction.

Recognize the role of HR planning strategies in downsizing and restructuring processes.

---

Definitions:

Developmental Psychologists

Psychologists who study the psychological growth of individuals, focusing on the development of cognitive, emotional, intellectual, and social capabilities and functioning.

Physiological

Relating to the functions and processes of the body's systems and organs, often in the context of understanding biological mechanisms underlying behaviors and mental states.

Cognitive Changes

Alterations in cognitive functions such as memory, attention, perception, and problem-solving, which may occur due to aging, neurological diseases, or psychological conditions.

Genetic Predispositions

The inherited genetic patterns that influence the likelihood of developing certain diseases or conditions.