Ch.3.4 Dangers Of A weak Ethical Focus Flashcards

1
Q

Legal regulations

A

Are the specific laws governing the products or processes of a specific history

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2
Q

Legal compliance

A

Refers to conducting a business within the boundaries of all the legal regulations of that industry

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3
Q

To avoid jobs committing fraud and injustice what was created ?

A

The Sarbanes-Oxley Act of 2002

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4
Q

What is a whistle-blower

A

An employee who reports misconduct, most often to an authority outside the firm.

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5
Q

Companies do what when attempting to recover from scandals?

A

*They work to find a leader who will set an example of the new ethical image.
* they reconstructive their internal operations to empower employees.
*They redesign internal rewards

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