Developing a Business Code Of Ethics To Address Ethical Issues In The Workplace

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Developing a Business Code of Ethics to Address Ethical Issues in the WorkplaceFor your Key Assignment Draft, you are required to identify and clearly describe a business-related ethical issue,develop a code of ethics to address that issue, anddiscuss how leadership principles and the code of ethics can beapplied to resolve the issue.Part 1: Identifying the Ethical IssueState the ethical issue chosen (from the provided list or another issue of your choice).Provide a detailed fact-based scenario that illustrates the ethical issue in action.Discuss the potential impact this ethical issue may have on various stakeholders (e.g., the company,employees, customers, and society).(Word Count Requirement: 400 words)Part 2: Develop a Business Code of EthicsDevelop a comprehensive code of ethics specifically designed to address the ethical issue you identified inPart 1.Include specific sections that directly address the ethical issue, detailing the ethical rules and standardsthat should be followed.Justify why each provision in your code is important and how it will help mitigate the issue.(Word Count Requirement: 800 words)Part 3: Being a Leader, and Applying your Proposed Code of EthicsDiscuss how your code of ethics can be applied in practice to resolve the ethical issue.Explain how leadership principles such as character, values, and integrity can ensure that the code ofethics is more than just a formal document, but a part of the organization's daily operations.(Word Count Requirement: 600 words)Be sure to format your assignment according to APA style and provide any necessary citations.

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