Business: Ethics

Question 1

Formulate

Answer 1

Policies to guide the behaviour of employees

Question 2

Code of

Answer 2

Ethics

Question 3

Corporate Ethics Code

Answer 3

Contains the organizations’ values and guidelines describing how employees should act in order to implement these values in everyday corporate life

Question 4

Be aware of

Answer 4

And avoid potentially unethical situations

Question 5

Unethical behaviour (7)

Answer 5

Nepotism- preferential treatment of friends or family
False advertising
Misleading consumers
Cultural pollution- behaviors that discriminates against certain groups of people
Materialism
Exploiting consumers
Conflict of interests