What term describes the act of sharing concerns about wrongdoing within an organization?

Prepare for the ETS Major Field Test Business Exam. Use comprehensive flashcards and multiple choice questions, each with detailed explanations. Ensure your success!

Whistle-blowing refers to the act of reporting unethical, illegal, or harmful activities or practices occurring within an organization. This can involve disclosing concerns regarding misconduct to authorities, management, or the public, aiming to expose wrongdoing and promote accountability. It serves as a critical mechanism for fostering transparency and ethical behavior within organizations, encouraging individuals to speak out when they witness unethical actions.

Regarding the other terms, insider trading pertains to buying or selling securities based on non-public, material information about a company, which does not involve reporting wrongdoing. Accountability relates to the responsibility of individuals or organizations to account for their actions, and while it is important for ethical behavior, it does not directly capture the act of reporting concerns. Corporate restructuring involves reorganizing a company's structure, but does not encompass the concept of reporting unethical practices. Thus, whistle-blowing is the most accurate term for the act of sharing concerns about wrongdoing within an organization.

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