Sample Answer
The Importance of Conduct Policies and Ethical Training in Business
A formal code of conduct offers several key benefits for both employees and organisations. It establishes clear ethical standards and behavioural expectations, which promote fairness, integrity, and accountability in the workplace. By defining acceptable and unacceptable behaviour, a code of conduct helps prevent unethical practices such as fraud, discrimination, and conflicts of interest. It also enhances a company’s reputation by demonstrating a commitment to responsible business practices and can serve as a legal safeguard in cases of misconduct. However, one disadvantage is that codes of conduct can sometimes be perceived as overly rigid or bureaucratic, discouraging independent judgment. Employees may also treat them as mere checklists rather than genuine ethical guidance, reducing their effectiveness if not reinforced by management culture and consistent enforcement.
Mandatory ethical training each year is valuable because it ensures that employees stay aware of evolving legal standards, social expectations, and company policies. It reinforces the organisation’s values and strengthens the culture of integrity. Regular training can also help employees identify and manage ethical dilemmas confidently. When employees face uncertain situations, a well-designed code of conduct provides a structured decision-making framework that aligns personal actions with corporate values and public trust.
Reference
Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2021). Business Ethics: Ethical Decision Making and Cases (13th ed.). Cengage Learning.
