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 177 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
Excellent

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

It is important to ask patients what other health care providers they are seeing, such as the dentis It is important to ask patients what other health care providers they are seeing, such as the dentis
Animal carcasses like this South African wildebeest provide important nutrition for both hunters and Animal carcasses like this South African wildebeest provide important nutrition for both hunters and
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The French sociologist Emile Durkheim (1858–1917) contributed many important concepts to ... The French sociologist Emile Durkheim (1858–1917) contributed many important concepts to ...
genetic code From Gene to Protein genetic code From Gene to Protein
Red, fleshy fruits of hawthorn plants (Crataegus) are an important food for cedar waxwings (Bombycil Red, fleshy fruits of hawthorn plants (Crataegus) are an important food for cedar waxwings (Bombycil
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library