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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

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

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

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EllieMaster · Tutor for 5 years

Answer

c) Financial and reputational harm

Explain

## Step 1:<br /><br />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.<br /><br />## Step 2:<br /><br />Let's walk through each option: <br /><br />- a) 'Enhanced organizational integrity' and d) 'Improved competitive advantage', these two options typically result from compliance with laws and regulations, not non-compliance.<br /> <br />- b) 'Increased trust among stakeholders' is again a positive outcome typically associated with compliance, not its absence.<br /><br />- c) 'Financial and reputational harm', this aligns with the concept of penalties and potential damage arising from non-compliance to laws and regulations.
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