Why Did a Group of Canadian Companies Release an International

question 55

Multiple Choice

Why did a group of Canadian companies release an International Code of Ethics in 1997?

• A)to help lobby the federal government to create ethical legislation in Canada  
• B)to provide a general guideline for acceptable standards of conduct when doing business at home and in other countries  
• C)to encourage investment in Canadian companies by foreigners  
• D)to stop the white-collar fraud that was becoming uncontrollable in Canadian corporations

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Definitions:

HR Forecasting

The process used by human resources to estimate the future demand and supply of employees needed to achieve the company's objectives.

Human Resources

The department within an organization responsible for hiring, administering benefits, and managing employee relations.

Personnel Planning

The process of determining an organization's future personnel needs and developing strategies to meet those needs.

Business Goals

Specific objectives that an organization or business aims to achieve over a certain period to ensure growth, profitability, and sustainability.