Compliance-based approach

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Reference no: EM1360713

Compliance-Based Approach

A compliance-based approach is externally motivated. This means that it based on the fear of punishment for doing something unlawful. This is the only element shared with an integrity-based approach. Lastly, for a firm to have a highly ethical organization the following interrelated elements are necessary: role models, corporate credos and codes of conduct, reward and evaluation systems, and policies and procedures. True or false?

Reference no: EM1360713

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