Question

An ethics and compliance officer (eco) and an ombudsman share similar roles. which of the following best differentiates between the two?

O an eco is a less common position at a company than an ombudsman.
O an eco works with lower level employees, while an ombudsman works with upper level management and the board of directors.
O an eco exists within the company hierarchy, but an ombudsman investigates outside of the normal corporate chain of command.
O an eco cannot guarantee employee anonymity, but an ombudsman can.

Answer 1

An ECO works within the corporate hierarchy and cannot always ensure anonymity, while an ombudsman operates independently and can guarantee employee anonymity.

Step-by-step explanation:

The question pertains to the difference between an ethics and compliance officer (ECO) and an ombudsman. The primary distinction between the two roles lies in their relationship with the company structure and their approach to confidentiality and impartiality. An ECO functions within the corporate hierarchy and works towards ensuring that the company adheres to legal standards and internal policies.

They may not always be able to promise complete anonymity due to their embedded position within the company. In contrast, an ombudsman typically operates independently of the corporate chain of command and offers a confidential platform where employees can address their concerns without fear of retribution, thus having the ability to guarantee anonymity.