QUESTIONS 1 THROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS.

9.

Victoria Christchurch, CFA, is a management consultant currently working with a financial

services firm interested in curtailing its high staff turnover, particularly amongst CFA

charterholders. In recent months, the company lost 5 of its 10 most senior managers, all of

whom have cited systemic unethical business practices as the reason for their leaving. To curtail

staff turnover by encouraging ethical behavior, it would be least appropriate for Christchurch to

recommend the company do which of the following?

A. Implement a whistleblowing policy

B. Encourage staff retention with increased benefits

C. Create, implement and monitor a corporate code of ethics