Question
A statement which gives organization-specific definitions of what’s expected and required with respect to the behavior and actions within the organization is known as?
Read the following passage and answer the next 3 question (Q21-Q23) According to Wallace, "A credo generally describes the highest values to which the company aspires to operate. It contains the `thou shalts.' A code of ethics specifies the ethical rules of operation. It's the `thou shalt nots." In the latter 1980s, The Conference Board, a leading business membership organization, found that 76% of corporations surveyed had codes of ethics. Some business ethicists disagree that codes have any value. Usually they explain that too much focus is put on the codes themselves, and that codes themselves are not influential in managing ethics in the workplace. Many ethicists note that it's the developing and continuing dialogue around the code's values that is most important. If an organization is quite large, e.g., includes several large programs or departments, it may want to develop an overall corporate code of ethics and then a separate code to guide each of its programs or departments. Codes should not be developed out of the Human Resource or Legal departments alone, as is too often done. Codes are insufficient if intended only to ensure that policies are legal. All staff must see the ethics program being driven by top management.
More Banking System in India Questions
- A bank’s net interest income (NII) is ₹80 crores, its interest expense is ₹40 crores, and it has non-interest income of ₹20 crores. What is the bank's oper...
- _________ is a formal communication whereby employees engage in crosswire communication across the boundaries of their reporting relationship irrespective ...
- Which Indian institution plays a leading role in overseeing the Sovereign Gold Bond (SGB) Scheme?
- Which of the following is not a feature of the cellular manufacturing?
- Which of the following is not-non planned expenditure?
- In consortium lending, who holds the primary responsibility of monitoring the borrower’s account?
- How long is the feedback window under RBI’s new consultative regulation framework?
- As per RBI regulations, which of the following is mandatory for a Non-Banking Financial Company (NBFC) to be classified as an "Infrastructure Finance Compa...
- Which station of the amended SARFAESI Act allows for the filing of a caveat by the lender in cases in which an appeal is expected?
- A bank publishes its internal benchmark for various maturities. Which of the following maturity benchmark, need not be p ublish ed by the bank?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)