Transforming Core Values and Ethical Standards into Cultural Norms NEVER

question 111

Multiple Choice

Transforming core values and ethical standards into cultural norms NEVER involves

• A)instituting procedures for enforcing ethical standards.
• B)immediately dismissing any employee caught violating the company's code of ethics or disregarding core values.
• C)screening out job applicants who do not exhibit compatible character traits.
• D)periodically having ceremonial occasions to recognize individuals and groups who display the values and ethical principles.
• E)having senior executives frequently reiterate the importance and role of company values and ethical principles at company events and internal communications to employees.

Understand how group cohesiveness can contribute to or mitigate risks of groupthink.

Gain insight into theories explaining group polarization.

Acquire knowledge on the symptoms of groupthink and how it leads to defective decision-making.

Understand the foundational theories and phenomena related to social psychology and group dynamics, including Triplett’s study on competition and Allport's concept of social facilitation.

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Definitions:

Interest Expense

Interest expense is the cost incurred by an entity for borrowed funds, payable over a certain period to the lender as compensation for the loan.

Installment Note

A debt instrument that requires a series of periodic payments, often including both principal and interest, over a set period of time.

Carrying Amount

The value of an asset or liability as reported in a company's financial statements, reflecting adjustments like depreciation or amortization.

Installment Note

A loan that is repaid over time with a set number of scheduled payments.