Summaries the relationship between ethics and risk management. In your summary, outline how considering ethics can be applied as a risk management tool. Provide examples of how a consideration of ethics impacts on organizational practices?
Answer: One method to include ethics in risk management is to ensure that ethical notions are part of the process. This is seeing the destructive results of unethical behavior and doing something about it. One example of a corporate code of conduct is prohibiting corrupt practices like bribery. Integrating ethical considerations into risk assessment and […]