Asked by Camille Esselin on Jun 03, 2024
Verified
How do violations of the law usually start?
A) When businesspeople blatantly engage in misconduct
B) When organizational stakeholders are not prioritized
C) When the organization lacks an code of ethics
D) When businesspeople stretch the limits of ethical standards
E) When organizations engage in activities that are clearly illegal
Violations of the Law
Actions or conduct that breach the rules or statutes prescribed by legal authority.
Ethical Standards
Principles that govern the behavior of individuals and organizations, guiding them towards choosing what is right and beneficial for all stakeholders.
Misconduct
Improper or unlawful behavior by an individual, often violating the rules or standards of a profession or organization.
- Acknowledge the importance of ethics and compliance within an organization in improving both financial and non-financial results.
Verified Answer
Learning Objectives
- Acknowledge the importance of ethics and compliance within an organization in improving both financial and non-financial results.
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