“A code of ethics is a formal statement of the company’s values concerning ethics and social issues; it communicates to employees what the company stands for” (Daft, 2012, p. 138). It has always been interesting to me how society sets what is ‘right and wrong’. There are some aspects that seem to cross all or most cultures, but for the most part, we define them ourselves. In companies it is the same. Some are very strict on certain issues, whereas others are more relaxed. The other country might consider their labor and wage practices normal. Therefore, every company’s business code of ethics will be different. It is unusual a company would write them for another company. I think one way we can all relate is to think of our family as a ‘company’ and think about how our family ‘ethics’ are different from friends, neighbors, extended family, etc. You would probably be resistant and possibly not want to associate with them if your neighbors decided they wanted to help your write the rules for your house according to their code of ethics.
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