Codes of Ethics and Statements of Core Values

question 20

Multiple Choice

Codes of ethics and statements of core values

• A)are the single most effective measure of enforcing ethical behavior and cultural norms, provided they are written down and every employee is given a copy.
• B)serve as yardsticks for gauging the appropriateness of particular actions, decisions, and behaviors.
• C)serve as the best benchmarks for judging whether the corporate culture is deeply ingrained, planted and accepted or not.
• D)need to be personally written and presented by the CEO to reinforce the company values and convictions so that employees will take it seriously.
• E)serve to give top-priority emphasis to every employee in training programs a company conducts.

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Definitions:

Population Mean

The average value of a characteristic in a population, calculated by summing the values for the characteristic among all individuals and dividing by the total number of individuals.

Null Hypothesis

A statement that asserts that there is no effect or no difference, and it serves as the starting point for statistical testing.

P-value

It quantifies the likelihood of observing the collected data if the null hypothesis were true, used in hypothesis testing as a critical component.

Null Hypothesis

A hypothesis that assumes no significant difference or effect, serving as the default assumption in statistical hypothesis testing.