To Foster Ethical Behavior, Many Businesses Draft a Code of Ethics

question 83

True/False

To foster ethical behavior, many businesses draft a code of ethics, which is an informal statement of the ethical priorities the company follows.

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Definitions:

LMX

Leader-Member Exchange, a theory focusing on the relationships between leaders and individual team members and how they affect organizational outcomes.

Dyadic Relationship

A two-person relationship or interaction, often highlighted within the context of leadership and follower dynamics.

LMX Theory

Leader-Member Exchange Theory, a concept that suggests leaders develop different types of relationships with their followers, influencing various workplace outcomes.

Leadership Making

The proactive development and fostering of leadership qualities and abilities within an individual or group.