This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is a code of ethics important? What should be included in a firm's code of ethics? What will ... (Read 196 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jul 7, 2018
Why is a code of ethics important? What should be included in a firm's code of ethics?
 
  What will be an ideal response?

Question 2

According to research studies, unethical companies financially outperform ethical companies, although ethical companies are more successful with recruiting.
 
  Indicate whether this statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: A code of ethics helps foster a strong ethical culture. To build and sustain an ethical culture, organizations need a comprehensive framework that encompasses communication of behavior expectations, training on ethics and compliance issues, stakeholder input, resolution of reported matters, and analysis of the entire ethics program. The code of ethics helps employees know what to do when there is not a rule for something. The code of ethics is a statement of the values adopted by the company, its employees, and its directors, and sets the official tone of top management regarding expected behavior. The code of ethics should include expectations about business conduct, fair competition, and workplace and HR issues.

Answer to Question 2

Answer: FALSE


maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jul 7, 2018
Gracias!

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Important Trace Elements in the Body Important Trace Elements in the Body
A typical calibration code sticker on the case of a controller. The information on the sticker is ... A typical calibration code sticker on the case of a controller. The information on the sticker is ...
Washing hands and removing jewelry are two important safety habits all service technicians ... Washing hands and removing jewelry are two important safety habits all service technicians ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
My dad is important to me My dad is important to me
Mechanisms of action of vitamin E, one of the most important lipid-soluble antioxidants Mechanisms of action of vitamin E, one of the most important lipid-soluble antioxidants
Video: Heart sounds

For a complete list of videos, visit our video library