Organizational codes of ethics

A) apply only to employers
B) are mandated by federal law
C) deal with organizational, not personal, matters
D) inform employees as to how they are expected to conduct business
E) safeguard the firm's reputation

Organizational Codes

Sets of formal guidelines and ethics that govern the behavior and decision-making processes within an organization.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often applied to professional and business practices.

Federal Law

Legislation passed by the national government of a country, which constitutes the legal framework within which societies operate, affecting both individuals and organizations.