Which of the following statements describes one of the major reasons codes of ethics are violated?
A. Most companies do not have a formal code of ethics.
B. Most companies overlook infractions if the action is unethical but legal.
C. Many codes of ethics lack specificity.
D. There is often a discrepancy between the written code of ethics of a firm and the personal and moral beliefs of individual employees.
E. There are very few violations in firms with written codes of ethics.
Answer: C
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