1. An effective ethics program ________. a. can undermine the value of the company b. has...

1. An effective ethics program ________.

a. can undermine the value of the company

b. has no effect on the value of the company

c. can improve the value of a company

d. will result in a high employee turnover rate

Expert Solution

An effective ethics program

b) Can improve the value of the company

Reason

Business ethics

It is the application of ethics to the business.It is the study of business situations,activities and decisions where issues of right and wrong addressed

Argument for business ethics

1 Business cannot survive unless moral standard exist in business concerns and outside

2 In organizations , where people feel there no fair play , there is more absenteeism , avoidance of work, and lack of respect in organisations where people feel there is fair play there is enthusiasm ,cooperation , and trust

3 Customers , employees, and people in general care about ethics

So an effective ethics program can improve the value of a company and will not result in a high employee turnover rate.

jeff jeffy answered 2 years ago

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