Asked by Lynnea Compton on Sep 28, 2024

When creating and maintaining an ethical culture, corrective action involves rewarding employees who comply with company policies and standards and punishing those who do not.

Ethical Culture

A set of shared beliefs, practices, values, and behavioral norms that shape the ethical standards and responsibilities within an organization.

Corrective Action

A process aimed at identifying and resolving issues or deficiencies to prevent their recurrence.

Company Policies

Official guidelines or rules established by a business to dictate behaviors or procedures within the company, often related to employee conduct, safety, and operations.

  • Gain insight into the multifaceted aspects and frameworks essential for formulating and applying an ethical program in an organizational context.
  • Evaluate the impact of senior management backing on the success of ethics and compliance initiatives.