ACCA Applied Knowledge · Business and Technology · Corporate codes of ethics
Which of the following is a limitation of a corporate code of ethics, rather than a benefit?
The limitation is that a code cannot cover every ethical situation, so employees must still use their own judgement. Enhanced reputation and attracting staff with shared values are benefits of having a code, not weaknesses.
- AIt can improve the public image and reputation of the organisation
- BIt cannot cover every ethical situation, so employees still need to exercise judgementCorrect
- CIt can help to attract and retain employees who share the organisation's values
Explanation
No code can anticipate every dilemma, so judgement is still required. Improved reputation and attracting like-minded staff are benefits, not limitations.
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