Which of the Following Practices Should Be Avoided by a Company

question 5

Multiple Choice

Which of the following practices should be avoided by a company to ensure ethical decision making?

• A)Auditing past decisions made in the company
• B)Protecting the fundamental rights of stakeholders
• C)Taking care of the interests of external stakeholders
• D)Placing its economic interests before its moral principles
• E)Adopting the moral principles specified in the code of ethics of the company

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Definitions:

Labour Standards Legislation

Laws and regulations that establish the minimum requirements for working conditions, such as hours of work, minimum wage, and safety standards.

Pay Equity Legislation

Laws and regulations designed to eliminate the gender pay gap by ensuring that men and women receive equal pay for work of equal value.

Human Rights Legislation

Laws enacted to protect individuals from violations of their rights by individuals, organizations, or governments.

Labour Market Constraints

External and internal factors that limit the availability, mobility, and efficiency of labour within the economy.