Critical thinking—consider what you have learned in this chapter reading.

Students will complete the required assignment by following the instructions below.

SCENARIO: Your company, a growing firm in the financial services industry, is extremely sensitive to the issues surrounding business ethics. The company wants to be proactive in developing a business ethics training program for all employees, both to ensure the company’s reputation as an ethical organization in the community and to help maintain the industry’s high standards. As the HR Director and someone who values the importance of having all employees trained in the area of business ethics, you are in charge of developing the ethics training program. It needs to be a basic program that can be presented to all employees in the company. 

1. What legislative act prompted many U.S. companies to develop internal ethical policies and procedures?

2. What are key concepts related to business ethics that should be considered in the development of the ethics training program? Use specific bullet points.