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Code of Ethics issues in business

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A. When and under what circumstances are the employees given a copy of the Code of Ethics?

b. Is the Code of Ethics specific enough to identify wrong behaviors?

c. Do the provisions in the Code of Ethics amount to platitudes such that everyone would agree with others in word but likely diverge from one another in deed? (Do they walk the walk?)

d. Does the Code of Ethics identify and relate to observable behaviors?

e. Does the code identify consequences for the violations?

f. Who has the authority to enforce the Code of Ethics?

g. Is the Code of Ethics enforceable? Why or why not?

h. Do you think this Code of Ethics would deter unethical behaviors? Why or why not?

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Solution Preview

a. A code of ethics, or it might be called a statement of company values, should be written, given to all employees and posted on the company web site. We have all probably seen statements about ethics on websites and not thought very much about the purpose other than sales promotion. I just checked both Ebay and Yahoo, and at the bottom of the home page on both, there is a link to "copyright and "IP policies" and "policies", respectively. Both links contain value statements which could be part of a code of ethics.

b. A code of ethics is sometimes divided into two parts: "Many ethics codes have two components. First, an aspirational section, often in the preamble, that outlines what the organization aspires to, or the ideals it hopes to live up to. Second, an ethics code will typically list some rules or principles, which members of the ...

Solution Summary

The solution, at 575 words, is a comprehensive coverage of many of the issues regarding a Code of Ethics in business. It includes examples of situations which relate directly the the questions asked. The response is cited.