COMM 103 Chapter Notes - Chapter 5: Corporate Social Responsibility, Forensic Accounting, Brand Equity
Document Summary
Ponzi scheme is a type of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ethics is a reflection of the moral principles or beliefs about what an individual views as being right or wrong. In many ways, ethics can be thought of as an invisible hand that guides us as we make decisions. In making decisions, we need to think in terms not of what is in our personal best interests, but what is in the best interests of the stakeholders and the public at large. The most important skill one can bring to the workplace is integrity. Board of directors is the term for the governing body of a corporation, comprising individuals chosen or elected to oversee the management of the organization. Code of conduct is the terms for a statement that describes the required responsibilities, actions, and rules of (cid:271)eha(cid:448)ior of a(cid:374) orga(cid:374)izatio(cid:374)"s e(cid:373)ployees.
