Textbook Notes (369,067)
Canada (162,366)
Business (358)
BUSI 4705 (7)
Chapter 4

Essentials of Business Ethic Chapter 4.docx

2 Pages
120 Views

Department
Business
Course Code
BUSI 4705
Professor
Diane Huberman- Arnold

This preview shows 80% of the first page. Sign up to view the full 2 pages of the document.
Description
Essentials of Business Ethic Chapter 4, Codes of Ethics and codes of conduct A code of ethics describes broad ethical aspirations A code of conduct describes acceptable behaviors for specific situations that are likely to arise. Codes are essential, because a manager may be unavailable to discuss an ethical issue that arises among subordinates, unreceptive to discussing ethical issues, or a bad role model. Employees need a reliable source of info to guide them when ethical issues arise. Codes of Ethics and Conduct for particular professions establish legal obligations to behave ethically. These professional codes safeguard members against managerial pressure to behave unethically and are applicable to all organizations. Also Codes of Ethics for conducting business internationally. The Caux Round Table promotes moral capitalism and published a list with seven principles, based on the concepts of common good and human dignity to guide international corporate behavior. Code of Ethics Content It expresses the principles that define an organization´s ideal moral essence. It should be easy to understand and inspirational. It should be affirmative, stating how people should act and create positive expectations. Six universal moral values: 1. Trustworthiness 2. Respect 3. Responsibility 4. Fairness 5. Caring 6. Citizenship To create a code of ethics it would be good to have employees participate. Code of conduct content It expands on the moral principles embodied in a code of ethics. Creating a code of conduct requires input from top level executives, corporate lawyers and hr personnel.
More Less
Unlock Document

Only 80% of the first page are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit