In Order to Ensure That a Company's Ethics Code Will

question 14

True/False

In order to ensure that a company's ethics code will encourage ethical decision making and behaviour,companies need to accomplish two objectives. The first is to communicate the codes to others both within and outside the company,and the second is to develop practical ethical standards and procedures specific to the company's line of business.

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Definitions:

Visionary Abilities

The capacity to foresee future trends, challenges, and opportunities, enabling leaders to steer organizations effectively towards long-term goals.

Synergistic Way

An approach characterized by collaboration and the combined effort that produces an outcome greater than the sum of individual inputs.

Laissez-faire Leadership

A leadership style characterized by minimal supervision, where leaders give their team members a high degree of independence in their operations.

Role Ambiguity

A situation in which the expectations, responsibilities, and boundaries of a job role are unclear or poorly defined.