A Human Resources Manager Is Creating a Code of Ethics

question 33

Multiple Choice

A human resources manager is creating a code of ethics for the employees of the retirement home she works for. Which of the following is an ethics principle she should keep in mind as she creates this code?

• A)The principles should not upset current retirement home workers and future job applicants.
• B)The principles should be fair to administrative staff.
• C)The principles of the code should be a result of input from senior management.
• D)Principles can deviate from common practices because of the prestigious nature of the facility.

Illustrate the role of moral persuasion and behavioral nudges in influencing consumer behavior and policy outcomes.

Assess the role of information and incentives in market behavior and policy effectiveness.

Understand the effects of government policies and market mechanisms on environmental sustainability.

Comprehend the global impact of the 2008 housing crisis and its repercussions on the international economy.

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Definitions:

Liberal Economists

Liberal economists advocate for minimal government intervention in the economy, emphasizing free markets, free trade, and the importance of individual choice and freedoms in economic matters.

Conservative Economists

Economists who generally advocate for reduced government spending, lower taxes, and minimal government intervention in the economy.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action, such as progressive tax systems and welfare.

Inflation

An overall uptick in price levels and a decline in the value of money.