Questions and Answers
What do codes of ethics generally provide in the world of work?
System of duties and obligations
What is the primary purpose of business codes in a trade or business?
To be the guiding light for all its employees
What are the consequences of violating professional codes in a specific profession?
Loss of public trust and confidence
What do codes of ethics governing work or professions embrace?
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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.
