Senior Executives Can Ensure Compliance with the Ethical Code of Conduct

question 8

Multiple Choice

Senior executives can ensure compliance with the ethical code of conduct by considering:

• A) whether the proposed action is fully compliant and in harmony with the code of ethical conduct and whether stakeholders would consider anything ethically objectionable.
• B) whether the code of conduct is rejected by the market and accepted by employees.
• C) whether the code of conduct was accepted by rivals.
• D) whether the creation of the code of conduct should be handled by executives or employees.
• E) whether to eliminate the need to execute a code of conduct at all.

Distinguish between the economic growth rates of developed and less developed countries (LDCs).

Understand the concept of Baumol's Disease and its implications for the service sector.

Examine the role of technology and innovation in economic development.

Analyze patterns and consequences of government spending and savings on the economy.

---

Definitions:

Claim Policies

Guidelines and procedures established by companies for handling customer claims regarding product or service issues.

Supplier Development

The process of working with suppliers to improve their performance and capabilities in order to meet the buying firm's supply chain requirements.

Organizational Buyers

Businesses or entities that purchase products or services for use in the production of other goods and services, for resale, or for operational purposes.

Deliberate Effort

A conscious and intentional action or endeavor aimed at achieving a specific outcome or goal.