An Ethical Organization Is Characterized by Its Concept of Ethical

question 13

True/False

An ethical organization is characterized by its concept of ethical values and integrity that is used to unify the organization across different functions, lines of business, and employee groups.

---

Definitions:

Insurance Premium

The amount that individuals or organizations must pay for their insurance policies, covering a wide range of risks.

Risk Premium

The additional return expected by an investor for holding a risky asset rather than a risk-free asset, compensating for the extra risk.

Human Capital

The economic value of a worker's experience and skills, including factors like education, training, intelligence, skills, health, and other things employers value.

Financial Capital

Economic resources measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or provide their services.