Compliance-Based Ethics Programs

question 52

Multiple Choice

Compliance-based ethics programs

• A)are company mechanisms designed to instill in people a personal responsibility for ethical behavior.
• B)are designed by corporate counsel to prevent,detect,and punish legal violations.
• C)define ethical behavior as that which maximizes consequences for the individual.
• D)define ethical system stating that the greatest good for the greatest number should be the overriding concern of decision makers.
• E)are designed by the employees to define what ethical standards they should follow.

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Definitions:

Services

Activities or benefits provided to consumers or businesses that do not result in the ownership of tangible goods.

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.

Aggregate Planning

A process in operations management aimed at determining the optimal levels of production, inventory, and workforce to meet forecasted demand over a medium-term horizon.

Demand Options

Various strategies that businesses can use to manage and respond to customer demand for their products or services.