Chapter 4 - Codes of ethics and codes of conduct. The main goals of this chapter are to: Understand the difference between a code of ethics and a code of conduct, explain the importance of code awareness and expectations, describe the content found in most codes of ethics and codes of conduct,. | CODES OF ETHICS AND CODES OF CONDUCT Chapter Four Visit for the latest in business news stories. Copyright © 2012 John Wiley & Sons Chapter 4 Learning Objectives Understand the difference between a Code of Ethics and a Code of Conduct Explain the importance of code awareness and expectations Describe the content found in most Codes of Ethics and Codes of Conduct Create and implement an effective Code of Ethics communication strategy Conduct an annual employee assessment of the Code of Ethics Chapter 4: Collins, Business Ethics Difference Between a Code of Ethics and a Code of Conduct Code of Ethics: A Code of Ethics briefly describes broad ethical aspirations It is sometimes referred to as a Values Statement It has a few general principles to guide behavior that could fit on a business card These principles describe the kind of people we want to be Chapter 4: Collins, Business Ethics The general principles embodied in a Code of Ethics represent . | CODES OF ETHICS AND CODES OF CONDUCT Chapter Four Visit for the latest in business news stories. Copyright © 2012 John Wiley & Sons Chapter 4 Learning Objectives Understand the difference between a Code of Ethics and a Code of Conduct Explain the importance of code awareness and expectations Describe the content found in most Codes of Ethics and Codes of Conduct Create and implement an effective Code of Ethics communication strategy Conduct an annual employee assessment of the Code of Ethics Chapter 4: Collins, Business Ethics Difference Between a Code of Ethics and a Code of Conduct Code of Ethics: A Code of Ethics briefly describes broad ethical aspirations It is sometimes referred to as a Values Statement It has a few general principles to guide behavior that could fit on a business card These principles describe the kind of people we want to be Chapter 4: Collins, Business Ethics The general principles embodied in a Code of Ethics represent aspirations When faced with an ethical dilemma or ambiguous situation, principles articulated in the Code of Ethics can help guide the decision maker Difference Between a Code of Ethics and a Code of Conduct Code of Conduct: A Code of Conduct more extensively describes acceptable behaviors for specific situations that are likely to arise It is often developed by an employee with legal expertise, provides substance to the Code of Ethics and is usually several pages long Chapter 4: Collins, Business Ethics A Code of Conduct applies the Code of Ethics to a host of relevant situations Purpose and Importance of Codes The extent of an organization’s ethics program is often related to its size In the 1960s, only 15 percent of surveyed companies had a Code of Ethics Now, nearly all Fortune 1000 companies have a Code of Ethics Chapter 4: Collins, Business Ethics Begin drafting a Code of ethics when the number of employees reaches about 10 Assign responsibility for managing organizational .
