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A clear code of business ethics is a key ingredient in the establishment of an ethics culture. True False
Question 1 The competitive opportunities and threats that face a multi-national enterprise are almost limitless T T TT Paragr
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Answer #1

It shall be noted that code for business ethics refers to the document that acts as a guide for the employees of the firm to help them conduct their business with honesty & integrity, with specifics on organizational behaviour, vision and mission statement.

Such code acts as a constitution for the organization and ensure best industry practices are adopted by the employees. This results in development of firm ethical culture. Employees get to learn the merits of healthy employer-employee relations, de-merits of discrimination, environmental issues, bribery and insider trading, and merits of social responsibility.

Hence, the correct answer is TRUE

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