Asked by Shaniqua Esdaille on May 28, 2024
Verified
An organization is meeting its ethical responsibility when it is in compliance with the law and requirements of various external regulations.
Ethical Responsibility
a principle that individuals and organizations are expected to behave in a manner that considers the moral implications of their actions.
External Regulations
Rules and standards imposed by external entities, such as governments and regulatory bodies, that organizations are required to follow.
- Understand the significance and function of ethics along with codes of ethics within organizational conduct.
Verified Answer
PH
Perri HollandMay 30, 2024
Final Answer :
False
Explanation :
Meeting legal and regulatory requirements is a part of an organization's ethical responsibility, but ethics go beyond compliance to include moral obligations such as fairness, transparency, and social responsibility, which are not always covered by law or external regulations.
Learning Objectives
- Understand the significance and function of ethics along with codes of ethics within organizational conduct.
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