Q. Codes of conduct and codes of ethics
✅ Correct Answer: (A)
are formal statements that describe what an organization expects of its employees.
Corporate Governance MCQs and Notes
Q. The first step in the auditing process should be to secure the commitment of:
✅ Correct Answer: (B)
top executives and directors.
Q. Which of the following is a problem presented by ethics audits?
✅ Correct Answer: (C)
Selecting auditors may be difficult.
Q. Which of the following is not a driver of responsible competitiveness?
✅ Correct Answer: (B)
Development drivers
Q. The social economy partnership philosophy emphasizes:
✅ Correct Answer: (A)
cooperation and assistance.
Q. When a firm charges different prices to different groups of customers, it may be accused of:
✅ Correct Answer: (A)
cultural relativism
Q. Most companies begin the process of establishing organizational ethics programs by developing:
✅ Correct Answer: (B)
codes of conduct.
Q. Better access to certain markets, differentiation of products, and the sale of pollution-control technology are ways in which better environmental performance can:
✅ Correct Answer: (A)
increase revenue
Q. A high-commitment approach to environmental issues may include all of the following except:
✅ Correct Answer: (C)
green-washing
Q. What type of justice exists if employees are being open, honest, and truthful in their communications at work?
✅ Correct Answer: (D)
Interactional