Question

A values-based ethics culture _____. a. excludes Upper Management Board, but relies solely on the Board of Directors to add to general value statements by formulating specific value statements for its strategic business units (SBU) b. is based solely on transparency to help employees identify and deal with ethical issues c. excludes the Board of Directors, but relies solely on Upper Management to add to general value statements by formulating specific value statements for its strategic business units (SBU) d. is based solely on the Office of Best Practices to help employees identify and deal with ethical issues e. relies upon an explicit mission statement that defines the core values of the firm

Answer 1

Answer: E. relies upon an explicit mission statement that defines the core values of the firm.

Explanation: The focus of the Value-Based Ethical Culture is on values such as trust, transparency, and respect. the idea that people learn ethical or unethical behavior while interacting with others who are part of their role-sets or belong to other intimate personal groups.

Value-Based Ethics Culture. Approach to Ethical Corporate Culture that relies upon an explicit mission statement that defines the core values of the firm and how customers and employees should be treated.