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Code of Ethics

Every culture endorses an ethical way to live. Following a code of ethics is actually an ethical approach. Values are our basic concepts of good and bad, or right and wrong.Values come from our society and culture. Every culture has concepts of right and wrong, although these values do vary some from culture to culture. Managerial support, and especially top management support, is absolutely critical to a successful code of ethics. This is the concept that everyone in the organization is responsible for the ethical conduct of business, not just “the boss.” Personal responsibility also refers to accountability for one’s own actions, so we need to identify the consequences to an employee if they violate the code of ethics. Remember that the code of ethics is important because a culture of misconduct can result in higher turnover and lower productivity and profitability. Management always has to take the lead in being ethical, or employees will not perform.