ETHICS 301 - Business ethics What are the benefits of ethics program? Discuss at least four distinct...

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ETHICS 301 - Business ethics
What are the benefits of ethics program? Discuss at least fourdistinct benefits.
Define code of ethics and code of conduct, and discuss thedifference between the two.

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There are several benefits of ethics program 1Acts as an insurance policy they help ensure that policies are legal The various lawsuits on personal matters affects the product of organization As mentioned earlier in this document ethical principles are often stateoftheart legal matters Prevention is better than cure Its It good to bear bea cost of ethical program rather than legal cases Attention to ethics ensures highly ethical policies and procedures in the workplace A major objective of welldesigned personnel policies is to ensure ethical treatment of employees in matters of hiring evaluating disciplining firing etc 2Avoids criminal act omission Ethics programs fecilitates the identification of violation and its reporting If an organization is aware of an actual or potential violation and does not See Answer

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