Asked by Chantal Taylor on Jul 17, 2024
Verified
Chief financial officer Barry submits travel and expense reports that are completely genuine and encourages employees in his division to always give accurate and correct information. Barry is using the ethical initiative called:
A) leading by example.
B) open-book management.
C) accepting whistleblowers.
D) developing formal mechanisms for dealing with ethical problems.
Ethical Initiative
Actions taken to ensure decisions and practices uphold moral standards and contribute positively to the welfare of others.
Leading By Example
Influencing others by acting as a positive role model.
Genuine Reports
Unbiased, truthful, and accurate accounts or documents that represent facts faithfully.
- Understand the significance of transparency and honesty in financial and operational reporting.
Verified Answer
VJ
Victoria JuvinallJul 18, 2024
Final Answer :
A
Explanation :
Barry is demonstrating the ethical initiative of "leading by example" by personally adhering to high standards of honesty and integrity in his travel and expense reports, and encouraging the same behavior in his employees.
Learning Objectives
- Understand the significance of transparency and honesty in financial and operational reporting.
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