Question

Building ethical safeguards into a company's everyday routines is called:___.
a. change management.
b. justifying ethics.
c. institutionalizing ethics.
d. ethical awareness.

Answer 1

The correct option is C.

institutionalizing ethics.

What is Institutionalizing ethics?

The incorporation of ethical principles into organizational decision-making procedures is known as institutionalizing ethics. Both explicit and tacit institutionalization of ethics is possible (Singhapakdi & Vitell, 2007)

What is the importance of institutionalization?

The process of establishing consistency and uniformity in the organization's approach to process implementation is known as institutionalization. It is advantageous for all individuals and groups within the organization to adhere to the same standards.

Institutionalizing ethics refers to integrating moral safeguards into a business' daily operations.

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