, WGU Ethical Leadership - C206 Exam
Guide || Questions & Answers (100%
Accurate)
ethics - ANSWER - the principles, norms, and standards of conduct governing an
individual or group—focuses on conduct
ethical behavior in business - ANSWER - behavior that is consistent with the
principles, norms, and standards of business practice that have been agreed upon
by society
Process of Ethical Decision Making - ANSWER - ethical awareness > ethical
judgement > ethical behavior
ethical organizations - ANSWER - evidence suggests employees are more attracted
to and more committed
Defense Industry Initiative on Business Conduct and Ethics (DII) - ANSWER - 1)
Adopt a written code of conduct.
2) Conduct employees' orientation and training with respect to the code.
3) Provide employees a mechanism to express concerns about corporate
compliance with procurement laws and regulations.
4) Adopt procedures for voluntary disclosure of violations of federal procurement
laws.
5) Participate in Best Practices Forums.
6) Publish information that shows each signatory's commitment to the above.
How to blow the whistle - ANSWER - 1) Approach Your Immediate Manager First If
You Can (your manager isn't involved in the problem) 2) Discuss the issue with your
family 3) Take it to the next level 4) Contact your company's ethics officer
ombudsman 5) Consider going outside your chain of command 6) Go outside of the
company 7) Leave the company
Sarbanes-Oxley Act (SOX) - protections - ANSWER - provides whistleblowers in
publicly traded companies with protections if they
Dodd-Frank Wall Street Reform and Consumer Protection Act - ANSWER - (SEC)
will pay 10 to 30 percent of the amount the government recovers from financial fraud
if the whistleblower provides original information leading to a recovery of more than a
million dollars
ethical awareness - ANSWER - first step in ethical decision making process
Dodd-Frank - ANSWER - increase transparency -lower risk in various parts of the
U.S. financial system.
an attempt to rein in the most egregious practices in the financial industry 10-30
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