Asked by Grace Hummel on May 26, 2024
Verified
The ultimate "stick" associated with the FSGO is fines or probation, which involves on-site observation by consultants, monitoring of the company's ethical compliance efforts, and
A) reporting to the U.S. Sentencing Commission on the company's progress in avoiding misconduct.
B) installation of an ethics hotline.
C) payment of any penalties levied.
D) appointment of an appropriate high-level manager to oversee the company's program.
E) divestiture of all assets.
FSGO
The Federal Sentencing Guidelines for Organizations, a framework that incentivizes organizations in the United States to install and maintain ethics and compliance programs to mitigate punishment for offenses.
Ethical Compliance
Adhering to laws, regulations, standards, and ethical practices that are applicable to an organization's operations and conduct.
Probation
A period of supervision over an offender, ordered by the court instead of serving time in prison.
- Understand the role and implications of the Federal Sentencing Guidelines for Organizations (FSGO) in promoting ethical behavior.
Verified Answer
Learning Objectives
- Understand the role and implications of the Federal Sentencing Guidelines for Organizations (FSGO) in promoting ethical behavior.
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