Question
Counter Fraud &Bribery: 7. Question 6 Self assessm ent question - Please select 1 correct answer below Question 6 Non-compliance with relevant laws and regulations can lead to: a) Enhanced organizational integrity b) Increased trust among stakeholders c) Financial and reputational harm d) Improved competitive advantage a lb C Id
Answer
4.2
(315 Votes)
Ellie
Master · Tutor for 5 years
Answer
c) Financial and reputational harm
Explanation
## Step 1:This question revolves around understanding the potential consequences of an organization's non-compliance with relevant laws and regulations. Specifically, it's aiming to test the understanding of negative repercussions as an outcome of non-compliant behavior.## Step 2:Let's walk through each option: - a) 'Enhanced organizational integrity' and d) 'Improved competitive advantage', these two options typically result from compliance with laws and regulations, not non-compliance. - b) 'Increased trust among stakeholders' is again a positive outcome typically associated with compliance, not its absence.- c) 'Financial and reputational harm', this aligns with the concept of penalties and potential damage arising from non-compliance to laws and regulations.