Codes of ethics are common tools that describe the standards and values of organizations. Codes focus attention on important ethical behaviors, outline expectations, protect employees from lawsuits, and help co-workers judge themselves when acting inappropriately (Johnson, 2021). While codes of ethics provide positive benefits within organizations, skeptics claim that codes can often be too vague to be useful, do not always improve organizational climate, are hard to apply across cultures, and often fail to spell out which ethical obligations should take priority (p. 338). However, Johnson concluded that creating codes of ethical standards are critical elements of organizational integrity.
Write a 250- to 300-word response to the following:
• What are the biggest benefits and challenges associated with having a code of ethics?
• What are some important considerations when implementing a code of ethics?