Celebrating and rewarding the ethical behavior demonstrated by an organization's employees is the last stage in making ethical behavior sustainable for an organization. True or False

False

Explanation:

Code of ethics is the standards of a company that is documented and it is required that all members of a company, business or organization should follows this standards.

Code of ethics is used to guide the way activities are been carried out in an organization.

In establishing or creating a code of ethics in an organization it is very important that members of the organization are:

1. Properly educated on what the values of the organization are

2. A well detailed guide of appropriate behaviour in the work place must be provided to every member of staff.

3. When involved in particular situation, rules of the way to behave in that situation must be given.

4. Employees must be educated on the punishments that would be given out if any of the policies or rules are broken.

There are six stages to ensure that ethical behavior is sustainable for an organization and they are:

a. A code of ethics must be created and established

b. The code of ethics must be supported with an in depth training of every member of the organization.

c. An ethics officer must be employed

d. Make sure proper ethical standards upholded and kept by members of the organization is celebrated and rewarded.

e. Promote organization's commitment to ethical behavior.

f. Continuous monitoring of the ethical behavior amongst member of staff as the organization continues to develop as well as keeping the code of ethics document up date.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.