For a code of ethics to encourage ethical decision making and behavior in a company,_____.

Question

Quizplus · Accepted Answer

To effectively encourage ethical decision making and behavior in a company, the management must develop practical ethical standards and procedures specific to the company's line of business. This will ensure that the code of ethics is relevant and applicable to the organization's operations, and that employees can understand and follow it. A code of ethics should also be based on organizational values and not just legal factors, and should consider the interests of all stakeholders, including customers and shareholders. Specific and detailed guidelines can also be included in the code to provide clear expectations and guidance for ethical behavior.

For a Code of Ethics to Encourage Ethical Decision Making