Which of the Following Is Not a Potential Benefit of Barclays

question 6

Multiple Choice

Which of the following is not a potential benefit of Barclays creating a good code of ethics?

• A) It could have helped employees identify what Barclays expected of them ethically.
• B) It could have prevented confusion as to whether LIBOR manipulation was ethical or not.
• C) It could have prevented manipulation before external controls exposed the scandal.
• D) It could have facilitated discussion among employees about what was right and wrong.
• E) It could have allowed employees to rely on the code and substitute rules for judgment.

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Definitions:

Price Of Sewing Machines

The amount of money required to purchase a sewing machine, which may vary based on features, brand, and market demand.

Wage Rate

The amount of payment that a worker receives per unit of time or per unit of output, often expressed as an hourly or piece-rate wage.

Substitution Effect

The economic theory that as prices rise, or income decreases, consumers will replace more expensive items with less costly alternatives.

Output Effect

The impact on total output or production when a company expands its operations or when there is an increase in economic activity.