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Code of Ethics Importance

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Begin by preparing a code of ethics for a fictional company, which should include a minimum of 10 elements. Once you have compiled the code of ethics, respond to the following questions:
1. Why did you include each of the 10 elements?
Why is a code of ethics an important part of every business from an employer standpoint?
3. Why is a code of ethics an important part of every business from an employee standpoint?
4. Once you have written the code of ethics, how would you implement it to ensure compliance?

Must 3 pages in length, double spaced

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Solution Summary

The importance of the code of ethics is determined. The ten elements of the code of ethics is determined.

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a code of ethics for a fictional company, which should include a minimum of 10 elements. Once you have compiled the code of ethics, respond to the following questions:

1. Why did you include each of the 10 elements?

Values, principles, management support, personal responsibility, compliance, rules of conduct, implementation, reporting, and sanctions. (You need to add an additional two components). These components were chosen because every code of ethics must have established values that are contingent upon the organization's own independent values as each company will have specific values that align with its goals and objectives. Principles such as honesty, integrity, and respect are universal, which must be included in the code of ethics. Management must be representative of the ethics code as managers who don't follow the code of ethics will ensure that employees also don't respect the code. In ...

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