Match the statement given in column I with the elements of business ethics given in column II.a)1. (iv), 2. (ii), 3. (iii), 4. (i)b)1. (iii), 2. (i), 3. (iv), 4. (ii)c)1. (iv), 2. (iii), 3. (i), 4. (ii)d)1. (iii), 2. (ii), 3. (iv), 4. (i)Correct answer is option 'D'. Can you explain this answer?

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Match the statement given in column I with the elements of business ethics given in column II.

a)
1. (iv), 2. (ii), 3. (iii), 4. (i)
b)
1. (iii), 2. (i), 3. (iv), 4. (ii)
c)
1. (iv), 2. (iii), 3. (i), 4. (ii)
d)
1. (iii), 2. (ii), 3. (iv), 4. (i)

Correct answer is option 'D'. Can you explain this answer?

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Match the statement given in column I with the elements of business e...

In option d the categories are correctly matched.

Publication of a ‘Code’: Enterprises with effective ethics programmes do define the principles of conduct for the whole organisation in the form of written documents which is referred to as the “code”. This generally covers areas such as fundamental honesty and adherence to laws; product safety and quality; health and safety in the workplace; conflicts of interest; employment practices; fairness in selling/marketing practices; and financial reporting.
Establishment of compliance mechanisms: In order to ensure that actual decisions and actions comply with the firm’s ethical standards, suitable mechanisms should be established. Some examples of such mechanisms are: paying attention to values and ethics in recruiting and hiring; emphasising corporate ethics in training; auditing performance regularly to analyse the degree of compliance; and instituting communication systems to help employees report incidents of unethical behaviour.
Measuring results: Although it is difficult to accurately measure the end results of ethics programmes, the firms can certainly audit to monitor compliance with ethical standards. The top management team and other employees should then discuss the results for further course of action.

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Match the statement given in column I with the elements of business ethics given in column II.a)1. (iv), 2. (ii), 3. (iii), 4. (i)b)1. (iii), 2. (i), 3. (iv), 4. (ii)c)1. (iv), 2. (iii), 3. (i), 4. (ii)d)1. (iii), 2. (ii), 3. (iv), 4. (i)Correct answer is option 'D'. Can you explain this answer?

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Match the statement given in column I with the elements of business ethics given in column II.a)1. (iv), 2. (ii), 3. (iii), 4. (i)b)1. (iii), 2. (i), 3. (iv), 4. (ii)c)1. (iv), 2. (iii), 3. (i), 4. (ii)d)1. (iii), 2. (ii), 3. (iv), 4. (i)Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Match the statement given in column I with the elements of business ethics given in column II.a)1. (iv), 2. (ii), 3. (iii), 4. (i)b)1. (iii), 2. (i), 3. (iv), 4. (ii)c)1. (iv), 2. (iii), 3. (i), 4. (ii)d)1. (iii), 2. (ii), 3. (iv), 4. (i)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Match the statement given in column I with the elements of business ethics given in column II.a)1. (iv), 2. (ii), 3. (iii), 4. (i)b)1. (iii), 2. (i), 3. (iv), 4. (ii)c)1. (iv), 2. (iii), 3. (i), 4. (ii)d)1. (iii), 2. (ii), 3. (iv), 4. (i)Correct answer is option 'D'. Can you explain this answer?.

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