Organizations know that to remain successful they must build trust with their customers. Companies who use a code of ethics will drive their business towards success. Adhering to a code of ethics will bind a company to respond to the spirit of the law and not just to the letter of the law. This makes the company seem more human. Policies and regulations serve as a means to make the company follow legal responsibilities whereas ethics and values foster a connection with the population of customers to which they serve. (Public Relations Society of America)Value and Ethics DefinedValues and ethics both provide rules of conduct. Generally ethics are inclined to be idealized into a conventional set of rules, which are derived, by a profession or other groups. Thus you have ethical professions such as nursing, education, social work and so on. Ethics are usually defined and affirmed within the profession or group.
English: AMA (American Medical Association)'s Code...
Value (personal and cultural)
Dyschronicity map: valuesAccusing someone of being unethical will more than likely be taken as an insult and perceived as being unprofessional. Values, on the other hand, tend to be introspective to each individual. Values help us decide what is right and what is wrong. Values can be defined as relative worth, merit or importance. Again, just like ethics, you have many types of values, such as: personal, career, traditional and so on. Values can be measured by importance of one over another. (Merriam-Webster's Third New International Dictionary)The code of professional ethics is a voluntary assumption of self-discipline above the requirements of the law. The Code of Ethical Conduct serves the purpose to notify the public that the profession will protect the public interest. The public must think that the professional is competent and why they have a need for ethical regulations. Values and ethics can be found in all different...