A code of business ethics is a set of guidelines and principles that outline the ethical standards and expectations for behavior within a company or organization. It serves as a framework for decision-making and behavior, and helps to ensure that all employees act in a responsible and ethical manner in their interactions with colleagues, customers, and other stakeholders. A code of business ethics typically covers areas such as honesty, integrity, respect, fairness, and compliance with laws and regulations. It is designed to promote a positive and ethical work culture, and to build trust and credibility with customers and the public.
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Google Gemini AI
Jul 14
Definition 1:
A set of principles and guidelines that guide the ethical conduct and decision-making of individuals within a business organization.
Definition 2:
A system of standards that establishes the acceptable and unacceptable behaviors, values, and principles for employees and stakeholders within a business.
Definition 3:
A formal document that outlines the expected ethical behaviors, responsibilities, and values that employees are required to adhere to.
Definition 4:
A framework that defines the ethical obligations of a business to its employees, customers, shareholders, and the community it operates within.
Definition 5:
A guide that helps organizations create a positive and ethical work environment, foster trust, and maintain stakeholder confidence.
Definition 6:
A tool that outlines the minimum standards of conduct and helps prevent misconduct, misconduct, and legal liabilities.
Definition 7:
A declaration that publicly states the organization's commitment to ethical principles and provides a basis for holding employees accountable for their actions.
Definition 8:
A reflection of the organization's values and culture, setting expectations and ensuring ethical decision-making throughout the organization.
Definition 9:
An important component of corporate governance that helps align business practices with ethical values and social expectations.
Definition 10:
A dynamic and evolving set of principles that must be regularly reviewed and updated to reflect changing ethical standards and societal expectations.