Ethics is an important concept. Organizations may adopt an ethical code. Thus, it is important to define code of ethics. What is a code of ethics? Below is one possible code of ethics definition:
A code of ethics is a set of principles that specify what behaviors are judged to be morally acceptable or unacceptable.
The code of ethics may be based on certain values. Values are judgments of what is important. Organizations that have different values may have different ethical codes.