Lesson 3

Question 1

set of principles and related guidelines that a company establishes.

Answer 1

Policy

Question 2

fixed manner of completing a task.

Answer 2

Procedure

Question 3

Rules of conduct

Answer 3

Policy and Procedure

Question 4

Kind of Company Policies

Answer 4

1. Employee Conduct
2. Equal Opportunity
3. Attendance and Time off
4. Computer Use
5. Noncompetition
6. Finance and Accounting

Question 5

sets the duties and responsibilities, which each employee
must follow as a condition of employment.

Answer 5

Employee Conduct

Question 6

Example of Employee conduct

Answer 6

Examples: Dress code, Workplace safety procedures, Harassment policies,
Discipline, Inappropriate Behavior

Question 7

• are policies that promote fair treatment in the workplace.

Answer 7

Equal Opportunity

Question 8

Example of Equal Opportunity

Answer 8

Examples: Avoid discrimination against people with regard to race, gender, sexual
orientation, religion, and cultural beliefs.

Question 9

– discuss that each employee must observe time in, time
out, and the disciplinary actions employees must face for noncompliance.

Answer 9

Attendance and Time Off

Question 10

Example of Attendance and time off

Answer 10

Examples: Work schedules, Schedules of leaves, Notification of an absence, Late
arrival, Undertime

Question 11

Companies implement policies for the usage of computers, the
internet, and social media.

Answer 11

Computer Use

Question 12

Examples of Computer Use

Answer 12

Examples: Internet for personal usage, Monitoring of internet activities

Question 13

Some companies require employees to sign an agreement that
limits employee activity to look for the company’s direct competition and prevent
disclosure of confidential information.

Answer 13

Noncompetition

Question 14

Example of Noncompetition

Answer 14

Examples: Transfer of resigning employees to direct competitors of the company

Question 15

policies that deal with how money is handled in the
company and how acquisitions and liabilities are recorded.

Answer 15

Finance and Accounting

Question 16

refers to the beliefs and behaviors that determine how a company’s
employees and management interact and handle outside business transactions.

Answer 16

Corporate Culture

Question 17

With the___________ and _________, a company can shape its employees’
behaviors by helping explicitly define the ethical norms of an organization, thereby
guiding them towards understanding the standards and expectations for behavior. They
then will have an impact on the corporate culture.

Answer 17

Code of ethics and Code of conduct

Question 18

contains a company’s core ethical values, principles, and ideals,
which serve as the foundation for the code of business conduct.

Answer 18

Code of Ethics

Question 19

It has a narrower
scope and longer length than the Code of Conduct and is typically published
online for the benefit of customers and shareholders.

Answer 19

Code of Ethics

Question 20

guidelines that are meant to influence the employee’s actions.
This is more of an internal agreement between management and its employees.

Answer 20

Code of Conduct

Question 21

Standard Contents of the Code of ethics and code of conduct

Answer 21

1. Clear introduction
2. Statement of Values
3. Specific Laws
4. Specific Rules of conduct
5. Diversity Rules
6. Employee and consumer privacy
7. Environmental Policies
   8/ Labor and fair hiring
8. Security and Safety
9. Implementation of the code

Question 22

is a statement mostly by a high-level executive showing
personal commitment and support for the code of ethics and business conduct.

Answer 22

Clear Introduction

Question 23

outlines the company’s purpose and values. Employees are
more likely to adhere to higher ethical and conduct rules if they have an
understanding of the company’s overall goal.

Answer 23

Statement of Values

Question 24

certain companies may be dealing in a profession governed by a
particular law such as accounting rules or medical ethics. Commitment to
government standards and licensing requirements may be reinforced here.

Answer 24

Specific Laws

Question 25

the ______ in this section depends on the
interests of the company’s employees, customers, shareholders, suppliers and
even wider society.

Answer 25

special Rules of conduct

Question 26

one of the more important guidelines to include in the company’s
code of ethics and business conduct. All businesses must create an environment
free from discrimination.

Answer 26

Diversity Rules

Question 27

Employees must feel comfortable in their place
of work and stating principles related to consumer privacy helps build confidence
in the company.

Answer 27

Employee and consumer privacy

Question 28

include adherence to regulations and industry best
practices.

Answer 28

Environmental Policies

Question 29

outlines the professional and respectful treatment of
employees to employees and managers to employees.

Answer 29

Labor and Fair hiring

Question 30

Companies are required to create and contribute to a safe
working environment.

Answer 30

Security and Safety

Question 31

This includes administrative activities in reporting
possible violations, the process for establishing facts, and the issuance of warnings.
Among the consequences of violations, including the issuance of warnings,
counseling or reeducation, suspension, litigation and dismissal.

Answer 31

Implementation of the code