her busine
themselv
a specific
ss
may go
White an essay on proffesionalism and ethics in which you include the following
aspects
⚫ Outline the requirements for a good code of ethics
⚫ Describe the advantages of ethical business ventures
. Explain the differences between the principles of ethics and the principles of
professionaliam
Recommend ways in which professional, responsible, ethical and effective
business practice should be conducted
TOTAL SECTION C (40)
GRAND TOTAL: [150]

Question

06-06-2024
Business

Answered

her busine
themselv
a specific
ss
may go
White an essay on proffesionalism and ethics in which you include the following
aspects
⚫ Outline the requirements for a good code of ethics
⚫ Describe the advantages of ethical business ventures
. Explain the differences between the principles of ethics and the principles of
professionaliam
Recommend ways in which professional, responsible, ethical and effective
business practice should be conducted
TOTAL SECTION C (40)
GRAND TOTAL: [150]

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-06T10:45:15-04:00

Final answer:

The answer provides insights on the requirements for a good code of ethics, advantages of ethical business ventures, and the differences between ethics and professionalism.

Explanation:

Requirements for a Good Code of Ethics:

1. Transparency: Codes of ethics should be clear and explicit, outlining acceptable and unacceptable behaviors.

2. Relevance: The code should be relevant to the profession, addressing specific ethical dilemmas professionals may face.

3. Accessibility: All members should have easy access to the code for reference.

Advantages of Ethical Business Ventures:

Ethical businesses tend to earn trust and loyalty from customers, attract top talent, avoid legal issues, and contribute positively to society.

Differences Between the Principles of Ethics and Professionalism:

Ethics: Deals with moral principles and values governing individual behavior. Professionalism: Focuses on the conduct, aims, and behaviors expected within a specific profession.

Learn more about Professionalism, Ethics, Business Practices here:

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