Many Organizations Are Placing Increasing Importance on Values and Ethics

question 75

Essay

Many organizations are placing increasing importance on values and ethics in the workplace. Discuss two reasons why workplace values have become more important in recent years. Your answer should briefly define values and ethics.

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Definitions:

Notes Receivable

Financial assets representing money owed to the holder of the note, usually in the form of a formal written agreement.

Common Stock Account

An equity account on a company's balance sheet representing the value of shares issued by the company and held by shareholders.

Historical Par Value

A nominal value assigned to a security or stock when it is issued, which remains unchanged over time despite market fluctuations.

Market Value

Market value is the current price at which an asset or service can be bought or sold in a marketplace.