Question

Which of the following is considered to be an intangible or less visible cost that companies may incur when ethical wrongdoing is discovered and punished? A. A) Costs of providing remedial education and ethics training to company personnel B. D) Loss of reputation C. C) Legal and investigative costs D. B) Civil penalties E. E) Costs of taking corrective actions

Answer 1

Answer:

A. Costs of providing remedial education and ethics training to company personnel

Explanation:

Remedial Training: This training is given in order to overcome the shortcomings in the behavior and performance of old employees. Due to the invention of technology, the employees may resist accepting the change and cause a disturbance in the organization.This training is generally given by the psychological expert.

Answer 2

Answer:

The correct answer is C) Loss of Reputation                                                      

Explanation:

A cost that can be identified but cannot be quantified or accurately estimated is referred to as an intangible cost.

Common intangible costs include impaired goodwill, loss of employee morale, or brand damage, erosion of employer brand equity.

Cheers!