QUESTION IMAGE
Question
question 7
when writing a code of ethics, it should address political activity.
true
false
Analyze the scope of a corporate code of ethics
A comprehensive corporate code of ethics outlines the values, principles, and standards that govern an organization's decisions and behavior. It typically addresses key areas of potential conflict or compliance risk, including conflicts of interest, bribery, environmental practices, and political contributions or lobbying activities (political activity).
Evaluate the statement
Because corporate political contributions, lobbying, and employee political participation can lead to significant ethical, legal, and reputational risks, a well-drafted code of ethics must address political activity to ensure compliance with campaign finance laws and maintain organizational integrity. Therefore, the statement is true.
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- True (Correct answer)
- False