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Asked by Catherine Collins on Jun 01, 2024

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Unfortunately,the ethical tone that a top management team establishes can reap only nonmonetary rewards.

Ethical Tone

The overall mood or character regarding ethics set by a company's leadership, influencing the organization's culture and ethical behavior.

Top Management

The highest-level executives in an organization, responsible for setting strategic goals, making major decisions, and representing corporate interests.

Nonmonetary Rewards

Benefits given to employees that do not involve direct payment, such as recognition, awards, or opportunities for professional growth.

  • Recognize the various stages of the strategic planning cycle and the importance of ethical considerations in business decision-making.
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kiana duncanJun 01, 2024
Final Answer :
False
Explanation :
The ethical tone set by top management can lead to both nonmonetary and monetary rewards, such as enhanced reputation, customer loyalty, and potentially increased profitability.

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