Most large companies and thousands of smaller ones have created, printed, and distributed "codes of ethics."
<h3>What is codes of ethics?</h3>
A code of ethics is a set of professional conduct conduct business in an honest and ethical manner.
Some key features regarding the codes of ethics are-
- A code of ethics document could outline the business or organization's mission and values, how professionals are expected to approach problems, ethical principles predicated on the organization's core values, as well as the standards that the professional is held.
- A code of ethics, also known as a "ethical code," may include topics like business ethics, professional practice codes, and employee codes of conduct.
- A compliance-based code of ethics, a valuation code of ethics, or a code of ethics among professionals are the three main types of codes of ethics.
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Answer:
e. Depression
Explanation:
A recession occurs when there are repeated fall in gross domestic product (GDP) to a severe extent. During this period, a country can experience a significant decline in economic activity spread across the economy, prices then stay at low and could last for months; this describes a deflation that follows depression. A recession on the other hand occur after a country's economic activity reaches its peak of activity.
Answer: develop a reentry plan for Pete prior to the completion of the overseas assignment.
Explanation:
The options to the question are:
A. develop a reentry plan for Pete prior to the completion of the overseas assignment.
B. limit communication to every-other-month status phone calls so as to not micromanage Pete.
C. save costs by avoiding a "look-see" trip for Pete and his family, given Pete's enthusiasm.
D. develop performance measures after Pete had completed his first year.
E. develop the assignment "on the fly" given the uncertainties involved.
From the question, we are informed that Sandra Stone, Vice President of International Operations for Global Apparel Corporation, was working with her subordinate, Pete Thompson, to plan for his upcoming 18-month overseas assignment to the firm's new office in Rome.
We are further told that based upon her experience with previous failed overseas assignments, she was taking steps to avoid another failure. Therefore, one of the key features of Sandra's plan for Pete was to develop a reentry plan for Pete prior to the completion of the overseas assignment. This will help to prevent another failed overseas assignment.
Answer:
1.1%
Explanation:
Calculation to determine what the probability of the next purchase order having an error is using
an empirical probability
Using this formula
Probability=Purchase orders errors/Purchase orders filled
Let plug in the formula
Probability=1100/100000
Probability=0.011*100
Probability=1.1%
Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%
