An Important Recommendation for Creating Organizational Cultures That Encourage Ethical

question 40

True/False

An important recommendation for creating organizational cultures that encourage ethical behavior is to provide training for managers and teams on adopting and implementing the organization's values.

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, considered as the lifeblood of corporate finance.

Discounted Payback Period

The time it takes for the cash inflows from a capital investment project to equal the initial outlay, adjusted for the time value of money.

Initial Cost

The amount of money spent to acquire, or invest in, an asset or project before it begins generating revenue.

Rate of Return

The enhancement or diminution in an investment’s value over a fixed span, presented as a percentage of the investment’s original price.