Management Theories And Practice

Running Head : TITLE OF ASSIGNMENTFull titleThe code of ethics refers to a collection of guidelines which be developed to chalk out the lovely behaviors for members of a position community . The term community present refers to any set of people , be it association , large number , ecesis , professionals etc . Such codes of ethics help those make-ups to develop a framework to work with . It sets up the standards for everybody in the organization to carry-over in a manner aligned with the organizational polish . These ar specially referred when there is some issue touch on to the question that how should one behave in a particular situationA code of ethics has several positive impacts on the organization . In the first place it provides a framework to the employees of the organizations that tells them that what are t he appropriate set of behavioral responses in the organization and the ones stress from the employees in various situations .

Secondly , it serves as the guideline or the boundary while developing strategies , especially the ones developed to want with dilemma issues . Furthermore , its prime purpose benefit is that it , if utensil properly , fosters ethical culture in the organization . It helps in setting up the culture of integrity truthfulness and humane in the company . Last but not the to the lowest degree , having such code of ethics in place in an organization make it more credible to the outside military personnels gentleman . This includes prospective customers , prospe ctive employees , and of course the investor! sBesides all these , they may be certain...If you want to get a full essay, order it on our website: OrderEssay.net

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