(Mt) – Ethics Discussion

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Attached.1Codes of EthicsAuthorAffiliationCourseInstructorDue Date2Codes of EthicsBusinesses require adequate strategies to ensure their longevity as they engage in theiroperations. Codes of ethics, which entail guiding principles, are essential for management toensure achieving organizational mandates. It is an arsenal for managers with top leaders with asignificant role in ensuring the success of integrating such provisions.DefinitionCodes of ethics are guiding principles for professionals that facilitate adequateengagements when delivering on a mandate. Another common term for a code of ethics is“ethical code,” which “may encompass areas such as business ethics, a code of professionalpractice and an employee code of conduct” (Greene et al., 2018). According to Ikonen et al.(2017), a code of ethics regards a principled guide whose structural framework targets assistingprofessionals in their operating field, to exemplify honesty and integrity when conductingbusiness. In most cases, it factors the mission, values, and goals of an establishment, issuing aguideline concerning the methodology of approaching problems for the professionals (Chu et al.,2018). Furthermore, codes of ethics factor ethical principles whose foundation relies onorganizational core values accompanied by the pre-determined standards that act as a yardstickfor adequate service delivery by professionals (Greene et al., 2018). Exles includeCompliance-Based and Value-Based Code of Ethics, which set conduct guidelines with punitivemeasures and stipulate standards relating to a business environment (Ikonen et al., 2017).Therefore, the code of ethics acts as organizational guides with their reference key to decisionmaking.Summary3Codes of ethics are vital ingredients to management with proper structuring according toregulations a significant arsenal for managers. They communicate the methodology ethicalprinciples offer guidance concerning business operations, stipulating appropriate standards foremployees. Such measures are at the disposal of man…

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