2. CODE OF ETHICS POLICY
Privacy: The ability to control information about oneself.
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3. Policy brief & purpose
• Our professional code of ethics policy aims to give our employees guidelines on
our business ethics and stance on various controversial matters. We trust you to
use your better judgment, but we want to provide you with a concrete guide you
can fall back on if you’re unsure about how you should act (e.g. in cases of
conflict of interest). We will also use this policy to outline the consequences of
violating our business code of ethics.
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4. Scope
• This policy applies to everyone we employ or have business relations with. This includes
individual people such as employees, interns, volunteers, but also business entities, such as
vendors, enterprise customers or venture capital companies.
• Note that our code of ethics is slightly different than our code of conduct. Code of conduct may
include elements such as dress code and social media use, whilst our code of professional ethics
refers to legally or morally charged issues. Still, these two codes do overlap.
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5. THE PURPOSE OF A PROFESSIONAL CODE OF ETHICS
• Having our business ethics in writing doesn’t mean that we don’t trust our employees. We strive to
hire ethical people who have their own personal standards, so we expect that a written code won’t
be necessary most of the time.
• But, it can still be helpful. You may find yourself in a situation where you’re not sure how you
should act. Life is full of grey areas where right and wrong aren’t so apparent. Some professional
ethics also correspond to laws that you absolutely must know to do your job properly, so we will
mention them in our code of ethics.
• Additionally, every organization makes bad hires every once in a while. We also can’t predict how
people are going to behave. When an employee behaves, or intents to behave, in a way that’s
against our professional ethics, or applicable laws, we will have clear guidelines on what
disciplinary actions we will consider. 5
6. THE COMPONENTS OF OUR CODE OF
PROFESSIONAL ETHICS
• We base our business code of ethics on common principles of ethics :
● Respect for others. Treat people as you want to be treated.
● Integrity and honesty. Tell the truth and avoid any wrongdoing to the best of your ability.
● Justice. Make sure you’re objective and fair and don’t disadvantage others.
● Lawfulness. Know and follow the law – always.
● Competence and accountability. Work hard and be responsible for your work.
● Teamwork. Collaborate and ask for help.
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7. THE IMPORTANCE OF A CODE OF ETHICS
• The reason for understanding how to behave properly in certain situations is that
code of ethics is important. Regardless of the difference between right or wrong,
good or bad, and right or injustice, a good code of ethics can keep people in the
highest standards of behavior or activity with the importance of an ethical code
of conduct.
1. It prevents wrong behavior
• Morality prevents the unfair treatment of a good code.
• Since false culture is common in all cultures and societies, a good code of ethics
does not allow any discrimination. It is an important code of ethics.
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8. 2. It promotes goodness for everyone
• Ethics will maintain good interest to everyone around a good code.
• It finds the best among individuals
• When ethics has a good code, people will struggle for a better environment and the significance of the
code of ethics.
In the place of a good code of ethics, people will struggle for a better environment.
3. It keeps us socially responsible
• People in a society are responsible for the good quality policies around people around them and things
around them.
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9. • Ethics makes a good code responsible for the people in society and things
around them. It is one of the importance of the code of ethics.
4. It carries a high standard
• Ethics will bring superiority to everyone around a good code.
• Morality will bring superiority to everyone around a good code and allow the
culture to work as well as full with the importance of code of conduct in an
organization.
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11. PROFESSIONAL CODES OF ETHICS
• Several professions have a code of ethics that exists independent of any particular employment. For
instance, a doctor or lawyer is always bound by the code of ethics for their profession, regardless
of whether they work for a large organization or are in private practice. These codes constitute the
basic expectations of these jobs and guide them when making decisions.
• The Legal Profession
• Lawyers, paralegals and other employees of the legal profession are bound to a general code of
ethics. A few of these governing ethics include:
Confidentiality - Lawyers must maintain their clients' confidence at all times.
Competence - Legal professionals must represent their clients with a high level of competence.
Professional Courtesy - Lawyers must treat their colleagues with fairness and courtesy.
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12. • The Medical Profession
• The American Medical Association imposes a code of ethics on physicians. It addresses everything
from interpersonal relationships with other staff members to information on patient care. For
instance:
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13. Trust - Doctors must instill a sense of trust between themselves and their
patients.
Do No Harm - Doctors cannot engage in any activity that would cause harm to
their patients.
Privacy - Doctors cannot share the details of their patients' medical treatments
or histories without permission.
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14. PERSONAL CODES OF ETHICS
• Individual codes of ethics can originate from religion, secular philosophy or rules of social
behavior derived from upbringing and experience. They are typically in line with the rest of one's
society, but one may have stricter or more relaxed personal ethics as well.
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15. • Ethical Expectations in Society
• Society at large assumes that certain ethics, morals and values can be expected
regardless of religion, geographic location or nationality. The classic example is
the Golden Rule: "Do unto others as you would have them do unto you." Other
examples of societal ethical behavior include:
Respect - Citizens must respect another's property, choices and lives.
Loyalty - People put their family and friends' needs before their own.
Honesty - Individuals tell the truth to community members and authority
figures.
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16. • Religious Codes of Ethics
• Certain codes of ethics, such as religious codes of ethics, apply only to members of select groups.
They are based on morals shared by tenets and members of that religion. Examples of religious
codes of ethics include the Ten Commandments of Judaism, the Beatitudes of Christianity, the Five
Pillars of Islam, and the Noble Eightfold Path of Buddhism.
• Some shared ethics in these religions include:
Value of Life - Do not kill your fellow human.
Pursue Peace - Avoid violence when possible.
Do Not Steal - Don't take things that don't belong to you.
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17. • Secular Codes of Ethics
• Personal codes of ethics do not require religion, however. Immanuel Kant's categorical
imperative and the Utilitarian rule of the greatest good for the greatest number are both ethical
codes that do not require any religious basis. Some of these ethics may include:
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18. Sustainable Living - Live in a way that doesn't waste unsustainable resources.
Care for the Vulnerable - Those who are medically or economically
disadvantaged should have priority of care.
Benefit the Greater Good - Make sure that your decisions help others rather
than just yourself.
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19. THE ADVANTAGES AND DISADVANTAGES OF
PROFESSIONAL ETHICS
The benefits of a professional code of ethics include
• Farness; everyone adheres to the same rules since they are aware.
• Improved sales; ethics matters to customers.
• The power to speak the truth; willingness to report ethical sidesteps.
• Affirms social responsibility and accountability.
The disadvantages of the code of ethics include
• Smaller profits in favor of customers.
• Time wastage due to the efficient investment of time, and
• Unattainable goals and performance.
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