Discussion: Describe a business that you would like to start or a startup business that you are familiar with and then create a code of ethics that would fit that business. To define ethical behavior in a company, the owner-manager of a small firm should formulate a code of ethics similar to that of most large corporations. A survey of MBA students employed by small and medium-size companies revealed that codes of ethics shape and improve conduct in their organizations in a number of ways:* . By defining behavioral expectations. By communicating that those expectations apply to employees at all levels in the business. . By helping employees convey the company's standards of conduct to suppliers and customers. . By serving as a guide for handling peer pressure. By providing a formal channel for communicating with superiors without fear of reprisal. In other words, a code of ethics identifies conduct that is ethical and appropriate, but it is also a practical tool that can encourage and protect ethical behavior