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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 :

GinnyAnswer

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.


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