Kindly Explain the following: 1. It harmonizes existing ethical standards among business operating in the Philippines. It
Question:
Kindly Explain the following: 1. It harmonizes existing ethical standards among business operating in the Philippines. It ensures that different market players adhere to the same rule of the game in order to create fair market conditions and promote transparency in doing business. 2. the Code formally communicates the signatories' commitment to upholding high standards of ethics in all business transactions. It articulates the belief that securing profit at the expense of integrity is an unacceptable and unsustainable way of conducting business and that measures have been taken to enforce and cultivate integrity habits within the signatories' respective organizations.
Dynamic Business Law
ISBN: 9781260247893
5th Edition
Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs