A Corporate Ethics Policy or Guideline Must Be Based on Core

question 84

Multiple Choice

A corporate ethics policy or guideline must be based on core values. Although Jim has practiced many of these values, he has never been faced with developing them and instilling them in his managers and employees. Which of the following is the most basic of core values to work with?

• A)dominance
• B)persuasiveness
• C)articulateness
• D)responsibility
• E)power

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Definitions:

Liquidity and Efficiency

Financial metrics that measure a company's ability to meet short-term obligations and effectively manage assets.

Short-term Obligations

Financial liabilities that are due for payment within a short period of time, typically less than one year.

Profitability

A measure of the efficiency and effectiveness of a company in generating profit from its operations. It indicates the company's ability to produce income relative to its revenue, assets, equity, or other financial metrics.

Financial Rewards

Monetary benefits provided to employees or individuals as compensation for their services or to incentivize performance.