CVS Code of Conduct 4 — Questions and Answers
Question 1: According to CVS's Code of Conduct, which of the following is an example of insider trading?
- Buying CVS stock after a publicized earnings report
- Purchasing CVS stock based on non-public information learned through work (Correct answer)
- Selling CVS stock during an open trading window
- Participating in CVS's employee stock purchase plan
Correct answer: Purchasing CVS stock based on non-public information learned through work
Using material non-public information obtained through employment to trade stock is insider trading, which is illegal and violates CVS policy.
Question 2: CVS's Code of Conduct addresses the use of company resources. Which of the following is acceptable?
- Using CVS computers for extensive personal online shopping
- Using CVS email to send confidential data to a personal account
- Using CVS systems to perform job-related tasks during work hours (Correct answer)
- Printing personal documents using CVS printers regularly
Correct answer: Using CVS systems to perform job-related tasks during work hours
CVS resources including computers, printers, and networks are intended for legitimate business purposes.
Question 3: How does CVS's Code of Conduct protect colleagues who report ethical violations?
- Reporters receive financial rewards for valid reports
- CVS prohibits retaliation against colleagues who report in good faith (Correct answer)
- Protection only applies if the report leads to a confirmed violation
- Reporters must provide their identity to receive protection
Correct answer: CVS prohibits retaliation against colleagues who report in good faith
CVS explicitly prohibits retaliation against any colleague who reports a suspected violation in good faith.
Question 4: A CVS colleague is asked to sign a business document they believe contains false information. What should they do?
- Sign it since refusal could jeopardize their job
- Sign with a personal note of disagreement attached
- Refuse to sign and report the situation through proper channels (Correct answer)
- Sign and then report it afterward
Correct answer: Refuse to sign and report the situation through proper channels
CVS's Code of Conduct prohibits knowingly signing false documents and requires reporting such requests.
Question 5: What does CVS's Code of Conduct require regarding the privacy of colleague personal information?
- Only HR staff need to keep colleague data private
- Colleague personal data must be protected with the same care as customer data (Correct answer)
- Colleague data can be shared freely within the store team
- Personal data privacy applies only to health plan information
Correct answer: Colleague personal data must be protected with the same care as customer data
CVS extends privacy protections to colleague personal data, requiring it to be handled with appropriate care and confidentiality.
Question 6: Under CVS's anti-bribery policy, which scenario is prohibited?
- Offering a vendor a legitimate volume discount
- Paying a government official to expedite a business permit (Correct answer)
- Negotiating a lower wholesale price with a supplier
- Providing a customer with a promotional coupon
Correct answer: Paying a government official to expedite a business permit
CVS's Code of Conduct strictly prohibits bribery of government officials or any other parties to gain business advantages.
Question 7: A CVS colleague disagrees with a new company policy. What is the appropriate way to handle this under CVS's Code of Conduct?
- Ignore the policy if it seems unreasonable
- Voice concerns through proper internal channels such as HR or management (Correct answer)
- Publicly criticize the policy on social media
- Encourage coworkers to collectively disregard the policy
Correct answer: Voice concerns through proper internal channels such as HR or management
CVS encourages colleagues to raise concerns through appropriate internal channels rather than ignoring policies or taking public action.
CVS Code of Conduct 4
According to CVS's Code of Conduct, which of the following is an example of insider trading?