Comprehensive Resource To Help You Ace
2026-2027 Includes Frequently Tested
Questions With ELABORATED 100% Correct
COMPLETE SOLUTIONS
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1. Ethics - ANSWER a code of behavior that is defined by the group to
which an individual belongs
2. Morals - ANSWER the personal principles upon which an individual
bases his or her decisions about what is right and what is wrong.
3. Law - ANSWER a system of rules that tells us what we can and cannot
do. are enforced by a set of institutions (the police, courts, and law-making
bodies).
4. Code of ethics - ANSWER states the principles and core values that are
essential to one's work.
5. Corporate social responsibility - ANSWER the concept that an
organization should act ethically by taking responsibility for the impact of its
actions on its shareholders, consumers, employees, community,
environment, and suppliers.
, 6. Supply chain sustainability - ANSWER a component of CSR that focuses
on developing and maintaining a supply chain that meets the needs of the
present without compromising the ability of future generations to meet
their needs.
7. The five good reasons for pursuing CSR goals and promoting a work
environment in which they encourage employees to act ethically - ANSWER
(1) to gain the goodwill of the community
(2) to create an organization that operates consistently,
(3) to foster good business practices
(4) to protect the organization and its employees from legal action, and
(5) to avoid unfavorable publicity.
8. What can organization do to improve its business ethics? - ANSWER
appointing a corporate ethics officer, requiring its board of directors to
set and model high ethical standards, establish a corporate code of ethics,
conduct social audits, require employees to take ethics training, include
ethical criteria in employee appraisals, and create an ethical work
environment.
9. 5 steps to the decision-making model - ANSWER (1) define the problem
(2) identify alternatives
(3) choose an alternative
(4) implement the decision
, (5) monitor the results
10.Internal control - ANSWER is the process established by an organization's
board of directors, managers, and IT group to provide reasonable assurance
for the effectiveness and efficiency of operations, the reliability of financial
reporting, and compliance with applicable laws and regulations.
11.Policies - ANSWER are the guidelines, standards, and laws by which the
organization must abide. Policies drive processes and procedures. Processes
are a collection of tasks designed to accomplish a stated objective. A
procedure defines the exact instructions for completing each task in a
process.
12.The Foreign Corrupt Practices Act (FCPA) - ANSWER makes it a crime to
bribe a foreign official, a foreign political party official, or a candidate for
foreign political office. The act applies to any U.S. citizen or company and to
any company with shares listed on any U.S. stock exchange.
13. IT workers of all types can improve their profession's reputation for
professionalism by...?
- ANSWER (1) subscribing to a professional code of ethics
(2) joining and participating in professional organizations
(3) obtaining appropriate certifications
and (4) supporting government licensing where available.
13.Professional code of ethics