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Codes of ethics, which govern decision-making, and codes of conduct, which govern actions, represent two of the most common ways that companies self-regulate. Ethical standards generally are wide-ranging and non-specific, designed to provide a set of values or decision-making approaches that enable employees to make independent judgments about the most appropriate course of action. Conduct standards generally require little judgment; you obey or incur a penalty, and the code provides a clear set of expectations about which actions are required, acceptable or prohibited. Both codes are similar Insofar as they attempt to encourage specific forms of behavior by employees. Ethics guidelines attempt to provide guidance about values and seeks to influence decision-making, whereas conduct regulations assert that some actions are appropriate or inappropriate.
Which life insurance company has announced that the overseas branch of its international subsidiary will now offer US Dollar denominated life and health...
Where has the Indian Army recently established the first Apache combat helicopter squadron near the Pakistan border?
Which of the following contributes to acid rain?
Which Indian state is known as the "Spice Garden of India"?Â
Which year did Guru Gobind Singh Ji establish the Khalsa Panth?
In which state will the new major port be developed as part of the economic decisions announced by the Union Cabinet?
Who has been appointed as the new Governor of the Reserve Bank of India (RBI) starting December 11, 2024?
Which High Court serves as the judicial body for the Union Territories of Dadra & Nagar Haveli and Daman & Diu?