Code Of Ethics Add Page Numbers

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Nowadays, many companies have a business code of ethics, a document developed for and by a company to guide the behaviour of managers and employees. In 2007, 86 per cent of Fortune Global 200 companies had a business code, an increase of 51 per cent since 2000.
A code of ethics document may outline the mission and values of the business or organization, how professionals are supposed to approach problems, the ethical principles based on the organization's core values, and the standards to which the professional is held.
Codes of Practice. Codes of Practice set out industry standards of conduct. They are guidelines for fair dealing between you and your customers, and let your customers know what your business agrees to do when dealing with them. ... Voluntary codes are a form of industry self-regulation.
Ethics for IT Professionals/Professional Code of Ethics. ... Most professions have ethical codes in which they must follow. Those codes often signify or state what they hold most dear. For example, CPAs and doctors each have a code of ethics that reflect each of their professions values and principles.
Regardless of whether your organization is legally mandated to have a code of conduct (as public companies are), every organization should have one. ... A well-written code of conduct clarifies an organization's mission, values and principles, linking them with standards of professional conduct.
A code of ethics is important because it clearly lays out the rules for behavior and provides the groundwork for a preemptive warning. Regardless of size, businesses count on their management staff to set a standard of ethical conduct for other employees to follow.
A company's Code of Ethics will generally cover behaviour that, while not illegal, is nevertheless harmful to the company and/or its clients. A good Code of Ethics should include a motivating statement regarding the reason for its existence and the company's purpose.
Sets the right culture. The most important benefit of a code of ethics is that it can foster an environment of trust, ethical behavior, integrity, and excellence.
A code of ethics is important because it clearly lays out the rules for behavior and provides the groundwork for a preemptive warning. Regardless of size, businesses count on their management staff to set a standard of ethical conduct for other employees to follow.
Another purpose of a code of ethics is to provide guidance and set common ethical standards to promote consistency in behavior across all levels of employment. A code governs the actions and working relationships of board members and top management with employees and in dealings with other stakeholders.
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