The legal and ethical environment of a business

Jul 6th, 2015
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Syracuse University
Course: general
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The ethical code provided for employees is a value based document not compliance based which means it goes beyond the listing of right or wrong and does not consist of simply a set of rules to follow.

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The legal and ethical environment of a businessThe ethical code provided for employees is a value based document not compliance based which means it goes beyond the listing of right or wrong and does not consist of simply a set of rules to follow. The ethical code explains in detail the ethical business conduct that is expected by an employee working in an organization. The code of ethics is not just a box ticking exercise and requires employees to use their own judgment to reach to the conclusion about whether a course of action in a certain situation is ethically acceptable or not. [realogy (2015)].General ethical considerations expected of an employee are fair and honest business dealings, properly keeping up to date all the records, work for the betterment of the organization and recognizing and correcting errors, employees should not hold financial interest in the organization which might conflict their performance of duty, they should not accept gifts of significant value from clients, they should not use their position as an employee to gain an unfair advantage or for private gain, all the decisions should be made impartially and no individual or organi

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