Lesson 3

Question 1

fixed manner of completing a task.

Answer 1

Procedure

Question 2

set of principles and related guidelines that a company establishes

Answer 2

Policy

Question 3

RULES OF CONDUCT:

Answer 3

Policy
Procedure

Question 4

Kinds of Company Policies:

Answer 4

Employee Conduct
Equal Opportunity
Attendance and Time Off
Computer Use
Noncompetition
Finance and Accounting

Question 5

Examples: Dress code, Workplace safety procedures, Harassment policies, Discipline, Inappropriate Behavior

Answer 5

Employee Conduct

Question 6

sets the duties and responsibilities, which each employee must follow as a condition of employment.

Answer 6

Employee Conduct

Question 7

Examples: Avoid discrimination against people with regard to race, gender, sexual orientation, religion, and cultural beliefs.

Answer 7

Equal Opportunity

Question 8

are policies that promote fair treatment in the workplace.

Answer 8

Equal Opportunity

Question 9

Examples: Work schedules, Schedules of leaves, Notification of an absence, Late arrival, Undertime

Answer 9

Attendance and Time Off

Question 10

discuss that each employee must observe time in, time
out, and the disciplinary actions employees must face for noncompliance.

Answer 10

Attendance and Time Off

Question 11

Companies implement policies for the usage of computers, the
internet, and social media.

Answer 11

Computer Use

Question 12

Examples: Internet for personal usage, Monitoring of internet activities

Answer 12

Computer Use

Question 13

Some companies require employees to sign an agreement that
limits employee activity to look for the company’s direct competition and prevent disclosure of confidential information.

Answer 13

Noncompetition

Question 14

Examples: Transfer of resigning employees to direct competitors of the company

Answer 14

Noncompetition

Question 15

policies that deal with how money is handled in the company and how acquisitions and liabilities are recorded.

Answer 15

Finance and Accounting

Question 16

a company can shape its employees’
behaviors by helping explicitly define the ethical norms of an organization, thereby guiding them towards understanding the standards and expectations for behavior. They then will have an impact on the corporate culture.

Answer 16

Code of Ethics and Code of Conduct

Question 17

refers to the beliefs and behaviors that determine how a company’s
employees and management interact and handle outside business transactions

Answer 17

Corporate culture

Question 18

It has a narrower scope and longer length than the Code of Conduct and is typically published online for the benefit of customers and shareholders.

Answer 18

Code of Ethics

Question 19

contains a company’s core ethical values, principles, and ideals,
which serve as the foundation for the code of business conduct.

Answer 19

Code of Ethics

Question 20

guidelines that are meant to influence the employee’s actions.

Answer 20

Code of Conduct

Question 21

This is more of an internal agreement between management and its employees.

Answer 21

Code of Conduct

Question 22

Standard Contents of the Code of Ethics and Code of Conduct:

Answer 22

Clear Introduction
Statement of Values
Specific Laws
Specific Rules of Conduct
Diversity rules
Employee and consumer privacy
Environmental policies
Labor and fair hiring
Security and safety
Implementation of the code

Question 23

This includes administrative activities in reporting possible violations, the process for establishing facts, and the issuance of warnings. Among the consequences of violations, including the issuance of warnings, counseling or reeducation, suspension, litigation and dismissal.

Answer 23

Implementation of the code

Question 24

outlines the professional and respectful treatment of
employees to employees and managers to employees.

Answer 24

Labor and fair hiring

Question 25

Companies are required to create and contribute to a safe
working environment

Answer 25

Security and safety

Question 26

include adherence to regulations and industry best practices.

Answer 26

Environmental policies

Question 27

Employees must feel comfortable in their place of work and stating principles related to consumer privacy helps build confidence in the company.

Answer 27

Employee and consumer privacy

Question 28

one of the more important guidelines to include in the company’s code of ethics and business conduct. All businesses must create an environment free from discrimination.

Answer 28

Diversity rules

Question 29

the specific rules in this section depends on the interests of the company’s employees, customers, shareholders, suppliers and even wider society.

Answer 29

Specific Rules of Conduct

Question 30

certain companies may be dealing in a profession governed by a particular law such as accounting rules or medical ethics.

Answer 30

Specific Laws

Question 31

Commitment to government standards and licensing requirements may be reinforced here.

Answer 31

Specific Laws

Question 32

is a statement mostly by a high-level executive showing personal commitment and support for the code of ethics and business conduct.

Answer 32

Clear Introduction

Question 33

outlines the company’s purpose and values. Employees are more likely to adhere to higher ethical and conduct rules if they have an understanding of the company’s overall goal.

Answer 33

Statement of Values