1. Ethics Introduction Ethics gives a summary of the ethical standards and behavior that are required of all employees and directors for an organization. It defines a good or bad conduct in the workplace. They reflect the organization's commitment to the highest ethical standards and principles. Ethics allows one to distinguish the difference between right and wrong. Ethics can be described as the thought process that comes into play when we are deciding between right and wrong. It describes how employees should treat each other, customers, suppliers, shareholder and other stakeholders on a daily basis. Ethics highlights the ethical values, such as respect, honesty, compassion, etc. that explains what behavior is good and right in the work …show more content…
They must also guide staff members to behave in accordance with the code of Ethics, furthermore identify Ethics risks in the organization. They must establish ways to reduce risks and address potential contraventions of the code of Ethics. Managers and supervisors must take appropriate action to correct behavioral deviations and enforce disciplinary action when appropriate. As managers and supervisors, another requirement is to ensure that their staff members are in possession of the code of Ethics. Staff members must be sensitized to the code of Ethics through staff dialogue sessions. Employees must know how to apply the code of Ethics in their specific work environments. Managers and supervisors are accountable for ensuring that all employees attend a formal Ethics workshop. Employees must be given opportunities to discuss Ethics issues and concerns, formally and informally. Managers and supervisors must assist staff members with reporting unethical behavior and violations of the law and policies so that incidents can be investigated, and appropriate action taken against those who victimize employees who report acts of misconduct. Under no circumstance should a manager victimize staff members who report unethical behavior and/or violations of the …show more content…
The norms of a profession must be adhered to when they are carrying out work at all times. Registered persons must only carry out work in categories where they have been rendered competent to perform work through their education, training, and experience. Loyalty and trustworthiness are of paramount importance to registered persons when they discharge their duties to employees, clients, associates and the public in general. They should not go up against work under conditions or terms that would bargain their capacity to discharge their duties in accordance with standards of the