A Code of Ethics Is a Mechanism Which Works to Establish

question 74

Multiple Choice

A code of ethics is a mechanism which works to establish a strong organizational culture by ________.

• A) forcing employees to act in a certain manner
• B) reducing ambiguities in how employees should act
• C) providing a strong message to the public about the company
• D) both A and C
• E) both B and C

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Definitions:

PLM

Product Lifecycle Management, a strategic approach to managing the series of changes a product goes through, from its design and development to its ultimate retirement.

POM

Principles of Management; these are fundamental guidelines for the management of an organization concerning its mission, vision, and objectives.

TPS

Acronym for Transaction Processing Systems, which are software and hardware systems designed for processing business transactions efficiently and accurately.

Audits

Inspections or examinations of accounts, records, or processes to assess compliance with established standards or regulations.