A Policy That Results When a Company Develops a Clear

question 1

Multiple Choice

A policy that results when a company develops a clear sense of what it stands for as an ethical organization is known as a _____.

• A)secure ethical policy
• B)reactive ethical policy
• C)defensive ethical policy
• D)proactive ethical policy

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Definitions:

Abuse of Corporate Powers

Unethical or illegal use of company authority for personal gain or to manipulate or harm others.

Corporate Dissolution

The formal process of dissolving a corporation's legal existence.

Voluntary Action

An act undertaken by choice or free will, often implying a decision made without external coercion.

Board of Directors

A group of individuals elected by shareholders to oversee and make major decisions for a corporation.