Which of the Following Is Not a Reason Why the Institutionalization

question 32

Multiple Choice

Which of the following is not a reason why the institutionalization of business ethics has progressed in recent decades?

• A)Institutionalization of ethics is now mandated for all organizations by governments around the world
• B)Stakeholders have recognized the need for improving business ethics
• C)The government has stepped in when scandals and misconduct have damaged key constituents of businesses
• D)Gatekeepers have been questioned as to their contributions to major scandals
• E)Highly ethical companies tend to be more profitable than those suffering from misconduct issues

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Definitions:

Existing Contracts

Agreements that are currently in effect and have been established or agreed upon in the past between parties.

Compete

To strive for achieving something such as a prize or superiority, often through comparison or rivalry.

Coastal Area

A region that lies on the land along the sea or ocean, often characterized by unique ecosystems and biodiversity.

New Clients

Individuals or entities that establish a professional relationship with a service provider or business for the first time.