Which of the following should an organization do in order to have an effective compliance and ethics program quizlet?

The United States Sentencing Guidelines for Organizations is a federal law pertaining to the assessment of damages in cases of fraud against the government. The Guidelines list seven essential requirements of an effective compliance program. The following are ways the UT Dallas Compliance Program has addressed the seven elements:

  1. Implementing written policies and procedures
    • Standards of Conduct Guide
    • Ethics policy
  2. Designating a compliance officer and compliance committee
    • Compliance Advisory Committee
  3. Conducting effective training and education
    • Compliance Training
  4. Developing effective lines of communication
    • Hotline
  5. Conducting internal monitoring and auditing
    • Internal Audits
    • Compliance Inspections
    • Peer Reviews
    • External Audits, Reviews and Inspections
  6. Enforcing standards through well-publicized disciplinary guidelines
    • Consequences levied consistently regardless of the employee’s stature within the organization. Enforcement consistent with appropriate disciplinary action.
    • HR’s discipline webpage
  7. Responding promptly to detected problems and undertaking corrective action
    • Hotline procedures require two weeks for action; elevation to VP/President

Which of the following should an organization do in order to have an effective compliance and ethics program quizlet?

  • Ethics and Compliance Hotline ⟩⟩
  • Standards of Conduct ⟩⟩

Which of the following describes the term ethics?

First, ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.

Which of the following is a necessary part of being an ethical business leader quizlet?

Which of the following is a necessary part of being an ethical business leader? The means used to motivate others and achieve one's goals plays a key role in distinguishing between: Effective leaders and ethical leaders.

Which of the following is a traditional approach to corporate culture quizlet?

Which of the following is a traditional approach to corporate culture? Compliance-based, Compliance-based culture is a traditional approach to corporate culture.

Which of the following involves the disclosure of unethical or illegal activities to someone who is in a position to take action to prevent or punish the wrongdoing quizlet?

Whistleblowing is the most preferred mechanism for communicating ethical behavior. Which of the following involves the disclosure of unethical or illegal activities to someone who is in aposition to take action to prevent or punish the wrongdoing? An effective internal mechanism of whistleblowing: a.