Which of the Following Is an Advantage of a Values-Based

question 25

Multiple Choice

Which of the following is an advantage of a values-based ethics program over a compliance-based one?

• A)Employees learn to make decisions based on values such as fairness,compassion,respect,and transparency.
• B)Diverse employees have differing values.
• C)It requires employees to identify with and commit to specific required conduct.
• D)A values orientation uses legal terms,statutes,and contracts that teach employees the rules and penalties for noncompliance.
• E)Values and compliance programs both take basically the same approach.

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Definitions:

Law Firm

A business entity formed by one or more lawyers to engage in the practice of law.

Service Business

A service business is a type of business that provides intangible products or services to customers, as opposed to selling physical goods.

Tax Preparation

The process of compiling and filing income tax returns in compliance with legal requirements, often involving the calculation of taxes owed or refundable.

Merchandising Business

A business that purchases finished goods for resale, making a profit on the difference between buying and selling prices.