Which of the Following Statements Is True of Codes of Ethics

question 8

Multiple Choice

Which of the following statements is true of codes of ethics?

• A)Fewer small businesses adopt a formal code of ethics now than they did in the past.
• B)The codes are structured to empower employees to make effective decisions confidently.
• C)The codes prescribe appropriate courses of action for every business situation in detail.
• D)Fewer international organizations adopt a formal code of ethics now than they did in the past.

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Definitions:

Self-Managed Team

A group of employees who are responsible for all aspects of their work, from planning and execution to monitoring their own performance.

Centralized Leadership

Centralized leadership is a management structure where decision-making authority is concentrated at the top levels of an organization.

Normative Decision Model

The Normative Decision Model is a leadership theory that suggests the optimal decision-making process is determined by assessing different situations and choosing the most effective decision-making style.

Autocratic Decision

A decision-making style where the leader unilaterally decides without input or consultation from others.