BUSINESS ETHICS MODULE 3

• Decorum


  Appropriateness, polite behavior in a society
• Protocol

  Proper procedure or conduct
• Policy


  Set of guidelines or rules
• Code of Ethics


  Set of guidelines that assist individuals in understanding the difference between what is right and wrong
• Code of Conduct


  A set of organizational rules or standards regarding organizational values, beliefs, and ethics that govern the conduct of the organization and its members
• Decorum is the appropriateness, polite behavior in a society
• Code of Ethics or Code of Conduct is a set of organizational rules or standards regarding organizational values, beliefs, and ethics as matters of legal compliance that govern the conduct of the organization and its members
• Code of Ethics are principles adopted by an organization to assist those in the organization called upon to decide; it is about understanding the difference between "right" and "wrong" and to apply this understanding to their decision
• Code of Conduct


  A document designed to influence the behavior of employees; it sets out the procedures to be used in specific ethical situations and delineates whether a violation of the code of ethics occurred and, if so, remedies should be imposed
• Code of Practice


  Adopted by a profession or by a governmental or non-governmental organization to regulate that profession; it may be styled as code of professional responsibility, which will discuss sensitive issues that will often need to be made, and provide a clear amount of what behavior is considered "ethical" or "correct" or "right"
• Code of Ethics can be applied and practiced in school, government, and even professional groups
• To enhance the profits of a business continuously is the objective of the Code of Ethics
• Ethics

  A set of principles of conduct governing an individual or group
• Ethical character traits include integrity, honest and justice
• Code of Ethics


  A written statement of policies and principles that guides the behavior of all employees or members of an organization
• Ethics


  The study and practice of what is right or wrong