ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Code of Ethics
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Code of Conduct
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Either A or B
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None of the above
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Detailed explanation-1: -What is a code of conduct? A code of conduct includes policies and rules for employees and employers to follow in the workplace. Often, a company uses its core values, including its mission, to guide the creation of these codes. These guidelines outline how people can appropriately interact with one another at work.
Detailed explanation-2: -A code of conduct policy outlines the appropriate behaviour employees are expected to follow in the workplace towards their colleagues, supervisors and overall organisation.
Detailed explanation-3: -A code of ethics is a collection of guiding expectations, principles and best practices for an individual or business. People can create a personal code to set intentions and clarify their goals, while a company can implement a professional code so all personnel can better adhere to a company’s policy and standards.
Detailed explanation-4: -A code of conduct is a set of rules outlining the norms, rules, and responsibilities or proper practices of an individual party or an organization.