The Main Function of a Code of Ethics Is to _____

question 45

Multiple Choice

The main function of a code of ethics is to _____.

• A)encourage managers and employees to make unsupervised decisions
• B)guide managers and employees in making sound decisions and choices every day
• C)liberate chief executive officers from any constraints placed by boards of directors
• D)decrease the independence of boards of directors and increases the power of investors

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Definitions:

Mississippi Legislature

The legislative body of the U.S. state of Mississippi, responsible for creating state laws and policies.

Trademark

Any word, name, symbol, or device used in business to identify and promote a product. Its counterpart for service industries is the service mark.

Copyright

A form of protection provided to the creators of original works in the areas of literature, music, drama, choreography, art, motion pictures, sound recordings, and architecture.

Patent

A grant of exclusive property rights on inventions through the U.S. and other governments.