Which of the Following Statements Is a Piece of Advice

question 47

Multiple Choice

Which of the following statements is a piece of advice from the Institute of Business Ethics for creating a code of ethics?

• A)The company's competitors should be completely ignored when framing the code of ethics.
• B)The involvement of external parties should be avoided during the creation of drafts.
• C)The code should be publicly shared on platforms associated with the company.
• D)The code should be tested on a sample consisting solely of top managerial employees.

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Definitions:

External Labour Supply

The availability of potential job candidates outside an organization, which can influence an organization's ability to hire and the strategies it uses for recruitment.

Brand Recognition

The extent to which consumers are able to identify a brand by its attributes, logo, or products, signifying the presence of strong brand presence in the market.

SWOT Analysis

A strategic planning tool used to identify and analyze the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture.

Strength

The quality or attribute of being physically strong, or the capacity to sustain the application of force without breaking or yielding.