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To Promote Ethical and Responsible Decision Making,an Organisation Should: (I)have

question 21

Multiple Choice

To promote ethical and responsible decision making,an organisation should: (i) have clearly specified codes of conduct for employees and management (ii) have standards for dealing with various organisational stakeholders (iii) have procedures to be followed when investigating potential unethical activities within the organisation (iv) take legal actions immediately against unethical conducts.


Definitions:

Issue Stock

This refers to the process by which a company offers new shares to investors or the public in order to raise capital.

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project by comparing the present value of cash inflows to the initial investment.

Today's Dollars

A term referring to the current value of money, taking into account inflation or deflation, to compare purchasing power over time.

Accept Project

The decision-making process to proceed with a particular project based on its projected profitability or strategic value.

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