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1. As small organizations begin to grow, setting ethical standards and building an ethical culture is a continuous challenge. Describe the approaches and tools would you implement in growing firm to achieve this. How would you work the plan so that it would be integrated into the firm’s activities? Can a firm be ethical without a formal ethics policy?
and
2. Financial reporting and financial services are among the most regulated industries, yet ethical breaches still occur. Discuss the role of regulations in this industry. What strengths and weaknesses are involved in a regulatory environment? Why do businesses oppose regulations? Discuss other possible solutions to fraud and abuse of the financial markets.
(250-300 words altogether)
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