Why should a code of ethics be put into writing regardless of the size of the business?:
A) It adds value to the share price
B) It helps stakeholders know which behaviors are acceptable and which are not
C) It satisfies the needs of the board
D) It helps profits

Question

Quizplus · Accepted Answer

A code of ethics provides guidance for employees and stakeholders regarding acceptable behaviors in the workplace. This can improve the overall ethical culture of the company and mitigate the risk of unethical behavior or misconduct. Regardless of the size of the business, having a code of ethics in writing is important for setting clear expectations and promoting ethical behavior.

Why Should a Code of Ethics Be Put into Writing