An Organizational Code of Ethics Is a Mechanism Which Works

question 39

Multiple Choice

An organizational 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) minimizing ethical ambiguities
• 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:

Maturity

The point in time when a financial instrument, such as a bond or loan, reaches its due date and the principal must be repaid.

Bond

A fixed income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.

Characteristics Of A Bond

Aspects that define a bond, including its maturity date, face value, coupon rate, and issuer, determining its suitability for investors.

Interest Rate

The cost incurred, calculated as a fraction of the principal, for utilizing assets, charged by the lender to the borrower.