Economics · Business Ethics
A company is considering introducing a code of ethics following criticism of its selling practices. What is the fundamental purpose that defines the content of such a corporate code of ethics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To match the average practices adopted by minor competitor companies in the same sector
- 2To document specific remedies for customer complaints handled by the support desk
- 3To list the absolute legal requirements affecting the sales of core products
- 4To establish the minimum acceptable standards of behaviour and conduct for employees✓
Correct answer
To establish the minimum acceptable standards of behaviour and conduct for employees
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