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Word Count: 424
A business code of ethics is important for the purpose of promoting ethical thought and behavior within a business The code should be clear comprehensive and to the point For a code to be effective it should be understood by everyone Moreover it should be enforceable and clearly stated within how it will be enforced It must not leave out any of the stakeholders that may possibly conduct any kind of business with the company I have chosen to evaluate how effective the Caux Roundtables code of ethics is A code should clearly communicate to the audience its purpose The code serves a second purpose as a guideline for the company It should emphasize exactly what is expected from the employee The Cauxs code does exactly that The companys sense of value is very clearly expressed throughout their code It even has a section to itself dedicated to how an employee should be treated The proper business behavior is very easy to understand Respect for the rules is one of the main highlights they go over Furthermore it goes a step further to make ethical decisions It doesnt stop at just obeying the rules it goes one more step stating that just because something it legal to do doesnt mean that it is the right thing to do Many codes leave out one very important factor how it will be enforced Like any set of rules or guidelines if you dont list how they will be enforced and implement the enforcement many will chose just not to obey them Cauxs code does a great job of explaining how business should be but lacks describing how business is going to be I believe it is important to stakeholders to know that the code is not just a bunch of empty promises I
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