BUSINESS ADMINISTRATION
BUSINESS LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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code of ethics
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set of standards
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proxy
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handbook
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Detailed explanation-1: -A code of conduct for business is a set of regulations and rules that gives employees a definitive guide as to how they’re expected to behave within the workplace. Composing and implementing one can provide significant benefits for a company and ensure that all employees understand what is acceptable and what isn’t.
Detailed explanation-2: -A partnership agreement is the legal document that dictates the way a business is run and details the relationship between each partner.
Detailed explanation-3: -A contract is a legally enforceable agreement between two or more persons. The agreement may be to do, or not do, something. It may be oral or written, or may be formed completely by conduct.
Detailed explanation-4: -Corporate social responsibility, or CSR, is a form of self-regulation that reflects a business’s accountability and commitment to contributing to the well-being of communities and society through various environmental and social measures.
Detailed explanation-5: -Business ethics is an evolving topic. Generally, there are about 12 ethical principles: honesty, fairness, leadership, integrity, compassion, respect, responsibility, loyalty, law-abiding, transparency, and environmental concerns.