BUSI - Chapter 2 (Making Ethical Decisions and Managing a Socially Responsible Business)
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One of the keys to ethical business behavior is:
how the company's top management conducts themselves
A code of ethics:
- is a summary statement of the firm's goals, policies, and priorities - is considered by some to be public relations gimmicks - can offer a lengthy and detailed set of guidelines to employees - provides employees with the knowledge of what their - firm expects in terms of their responsibilities and behavior toward fellow employees, customers, and suppliers
Ethics
The set of moral standards for judging whether something is right or wrong.
