To Deeply Ingrain Core Values and Ethical Standards,a Company Must

question 74

Multiple Choice

To deeply ingrain core values and ethical standards,a company must:

• A) provide every employee with a copy of the company's statement of core values and code of ethics.
• B) turn the espoused core values and ethical standards into strictly enforced cultural norms.
• C) encourage company personnel to observe the core values and ethical standards.
• D) give big pay raises and bonuses to individuals and groups who display the company's core values and observe its ethical standards.
• E) fire employees who do not live up to the core values or who are found guilty of violating the code of ethics.

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Definitions:

Economic Measures

Economic measures are indicators or metrics used to assess the economic performance or health of an entity, such as GDP, unemployment rates, or inflation.

GDP

Gross Domestic Product (GDP) measures the total value of all goods and services produced over a specific time period within a country's borders.

GNI

Gross National Income, a measure of a country's total monetary value of all goods and services produced over a specified period, including net income from abroad.

Market Size

The total volume of sales or potential sales for all providers of a particular product or service within a specific market.