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Questions and Answers
What do codes of ethics generally provide in the world of work?
What do codes of ethics generally provide in the world of work?
- System of duties and obligations (correct)
- System of rewards and punishments
- System of creativity and innovation
- System of competition and rivalry
What is the primary purpose of business codes in a trade or business?
What is the primary purpose of business codes in a trade or business?
- To be the guiding light for all its employees (correct)
- To enforce strict disciplinary actions
- To promote competition among employees
- To establish a system of hierarchy
What are the consequences of violating professional codes in a specific profession?
What are the consequences of violating professional codes in a specific profession?
- Financial rewards and recognition
- Increased job security
- Loss of public trust and confidence (correct)
- Promotion and career advancement
What do codes of ethics governing work or professions embrace?
What do codes of ethics governing work or professions embrace?
What do codes of ethics generally consist of?
What do codes of ethics generally consist of?
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Study Notes
Codes of Ethics in the Workplace
- Codes of ethics generally provide a framework for guiding decision-making and behavior in the workplace, outlining expected standards of conduct and ethical principles.
Purpose of Business Codes
- The primary purpose of business codes is to establish a set of rules and principles that guide the behavior and decision-making of individuals within a trade or business.
Consequences of Violating Professional Codes
- Violating professional codes in a specific profession can result in disciplinary actions, including fines, penalties, suspension, or even loss of licensure or certification.
Embracing Codes of Ethics
- Codes of ethics governing work or professions embrace the principles of integrity, honesty, fairness, and respect for others, promoting a culture of ethical behavior and accountability.
Components of Codes of Ethics
- Codes of ethics generally consist of a set of principles, rules, and guidelines that outline the expected standards of conduct and behavior for individuals within a profession or organization.
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