How is communication important for the integration of an ethical culture? What is whistle-blowing?
What will be an ideal response?
Integrating an ethical culture throughout a firm and providing means for enforcement is vitally critical both to the success of any cultural shift and to the impact on all stakeholders. One of the most decisive elements of integration is communication because without it there is no clarity of purpose, priorities, or process. Communication of culture must be incorporated into the firm's vocabulary, habits, and attitudes to become an essential element in the corporate life, decision making, and determination of success.
Whistle-blowing refers to situations where an employee discloses unethical or illegal activities to someone who is in a position to take action to prevent or punish the wrongdoing. Whistle-blowing can expose and end unethical activities, but it can also seem disloyal; it can harm the business; and it can extract significant costs on the whistle-blower.
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A. confidence level. B. margin of error. C. parameter estimate. D. planning value.
Under the UCC, parties to a contract cannot limit or exclude consequential damages.
Answer the following statement true (T) or false (F)
County Medical Center has a good track record of treating patients well and discharging them in a timely manner. Then, in the span of one week, twelve patients suffer post-surgical bacterial infections that are resistant to drug treatment. Shortly afterward, the surgical and patient recovery teams gather to discuss the problem. One cardiac surgeon, Yvette, mentions that she read in a medical journal about a simple but effective method of reducing such infections. It involves encouraging and enforcing hand washing before all new patient contact. The key is to post reminders in every patient room and nurse station. There is also a smart phone app that will beep once every five minutes as a backup reminder. The hospital staff agrees to implement the protocol, and six months later the rate of
infection has dropped by more than 50 percent. The hospital is striving to create a ________ culture. A. diversity B. customer service C. fragmented D. safety E. sustainability
Testor Products uses a job-order costing system with a predetermined overhead rate based on machine-hours. The company closes out any underapplied or overapplied overhead to Cost of Goods Sold.Required:If overhead is overapplied, what adjustment does the company make to Cost of Goods Sold? Is Cost of Goods Sold increased or decreased? Why?
What will be an ideal response?