Which of the following best describes the relationship between the ethical climate of a company and its corporate culture? a. The ethical climate of a company is a broad, overarching concept that includes many other elements, such as the corporation's culture and its rules and regulations. b. A company's ethical climate is set externally by the business's stakeholders while its corporate culture is developed internally by employees and managers. c. The ethical climate is a part of a business's corporate culture and it sets the tone for what is considered ethical behavior within the company. d. A company's ethical climate is separate from the company's culture, which can often cause conflicts in determining what is appropriate behavior within the firm.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Which of the following best describes the relationship between the ethical climate of a company and its corporate culture?

  a.

The ethical climate of a company is a broad, overarching concept that includes many other elements, such as the corporation's culture and its rules and regulations. 

  b.

A company's ethical climate is set externally by the business's stakeholders while its corporate culture is developed internally by employees and managers.

  c.

The ethical climate is a part of a business's corporate culture and it sets the tone for what is considered ethical behavior within the company.

  d.

A company's ethical climate is separate from the company's culture, which can often cause conflicts in determining what is appropriate behavior within the firm. 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON