Question

The three controls in a business ethics program are as follows: a. Technical, physical and administrative...

The three controls in a business ethics program are as follows:

a. Technical, physical and administrative

b. Formal, technical and output

c. Formal, process and output

d. Formal, process and technical

Business   Operations-Management   
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Answer #1

Answer: (C)

The Main controls which are needed in Business ethics program are "FORMAL", "PROCESS", "OUTPUT"

Formal:- Proper tools & resource management in ethical manner.
Process:- Leadership's commitment towards the ethical way of conducting the process as defined in SOW (Statement of work).
Output:- This controls the actual behavior against the standard which have been agreed upon. Ethics audit, which is regular evaluation of firm's performance to determine the effectiveness, should be conducted.

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