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Question
Which of the following is true of managers in an organization with good corporate governance?
A. They must be nominated by the compensation committee.
B. They should fulfill a fiduciary responsibility to the owners.
C. They must consider only the single bottom line of profitability.
D. They should follow an exclusive, rather than an internal, approach.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A policy that results when an organization is driven by events and/or a fear of future events is known as a _____.
A. distributive ethical policy
B. reactive ethical policy
C. secure ethical policy
D. defensive ethical policy
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_____ in business means that stakeholders have visibility deep into the processes and information of an organization.
A. Transparency
B. Conformity
C. Vicarious liability
D. Organizational integrity
Q:
Which of the following risks is most likely to occur as a result of organizational transparency?
A. Loss of market advantage through corporate espionage
B. Loss of trust among employees
C. Rise in costs due to maintenance of transparency
D. Decline of productivity of employees
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In the context of a company's ethics policy, which of the following actions should an organization avoid taking?
A. Awarding prizes for ethical behavior
B. Declaring an Ethics Day and allowing every department to share its success stories
C. Communicating only to internal stakeholders
D. Recognizing employees who represent the standards of behavior to which the company is committed
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Discuss the Federal Sentencing Guidelines for Organizations.
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The _____ is a government agency established to prevent banks from failing and otherwise threatening the stability of the U.S. economy.
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The guidelines set down by the Organization for Economic Cooperation and Development are legally binding.
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Multinational corporations include those corporations that generate products and/or services in multiple countries and implement operational policies (marketing, staffing, and production) that go beyond national boundaries.
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The new technological capability that allows employees to work from locations other than their office and log into their company's network remotely is known as telecommuting.
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The intranet is a private piece of a company's Internet network that is made available to customers and/or vendor partners on the basis of secured access by a unique password.
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Information can be sent over fiber-optic cables only after it has been _____.
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The _____ is a private piece of a company's network that is made available to customers or vendor partners using secured access with a unique password.