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This is a classic example of how ethical dilemmas are faced by people at all levels within an organization. The respected business firms suffer damage to their reputation when questions concerning ethical behavior arise.
This is one of the reason formal codes of ethics, developed by many business organizations, and trade associations are popular today...
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Code of ethics is simply a compilation of the rules that are meant to govern the conduct of members of a particular organization or profession. People in businesses and businesses are expected to conduct their activities in an ethical manner. Ethics is a code of conduct and values that is accepted by society as being right and proper...
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