Contrast compliance-based ethics programs and integrity-based ethics programs.
What will be an ideal response?
Compliance-based ethics programs are designed by corporate counsel to prevent, detect, and punish legal violations. Program elements include establishing and communicating legal standards and procedures, assigning high-level managers to oversee compliance, auditing and monitoring compliance, reporting criminal misconduct, punishing wrongdoers, and taking steps to prevent offenses in the future.
Integrity-based ethics programs go beyond the mere avoidance of illegality; they are concerned with the law but also with instilling in people a personal responsibility for ethical behavior. With such a program, companies and people govern themselves through a set of guiding principles that they embrace.
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A(n) ________ is a coordinated, comprehensive plan that carries out promotion objectives and results in a series of advertisements placed in various media over a period of time
A) sales promotion B) advertising campaign C) mass marketing plan D) media schedule E) integrated marketing communication campaign
An organizational chart is a graphic representation of ____
a. informal communication channels within the organization. b. both informal and formal communication channels within the organization. c. formal communication channels within the organization. d. external communication channels utilized by the organization.
Daniel, his parents, and three brothers own all the stock of their family farm corporation, and each person takes an active role in managing the enterprise. This corporation, which is taxed as a corporation, is most likely a(n)
A. S corporation. B. professional corporation. C. close corporation. D. proprietorship.
Static and flexible budgets are similar in that:
A. They both are based on the same per-unit variable amounts and the same fixed costs. B. They both are prepared for multiple activity levels. C. They both concentrate solely on costs. D. None of these answers are correct.