Considerations in corporate finance
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A) What are your thoughts regarding if ethics can be taught? Can we teach people right from wrong from a business ethics perspective?
B) What are some questions an associate should ask when considering a particular action that impacts a firm?
C) What are some things firms can do to promote ethical behavior and help limit scenarios where there are no clear rules or regulations?
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Solution Summary
This solution discusses whether or not ethics can be taught, considerations for an associate to take into account before taking action, and strategies that a firm can use to promote ethical behavior and avoid scenarios without clear rules and regulations.
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A) In my opinion, ethics can be taught. However, it's up to that person to apply what has been taught. Ethics is a huge responsibility in business because money is involved as well as building trust among customers, employees, and potential business partners. Therefore, it is imperative that a business stress the importance of displaying ethical behavior, and many businesses have an employee handbook requiring new employees to initial after every statement relating to ethics or the confidentiality of the business. So ...
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- Doctorate of Management in Organizational Leadership, University of Phoenix - Online
- MBA, Webster Univeristy
- Dual BS Degrees, University of South Carolina
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