Final answer:
True, the Code of Ethics provides guidelines for professional conduct, as exemplified by entities like the IEEE-CS for software engineers. It addresses ethical obligations and promotes behavior in line with moral theories and professional expectations.
Step-by-step explanation:
True: The Code of Ethics outlines the behaviour and conduct to which you should aspire in practice. These codes serve as a set of guidelines that professionals, such as engineers, nurses, and business personnel, are expected to adhere to. For instance, the Institute of Electrical and Electronics Engineers Computer Society (IEEE-CS) has established the Software Engineering Code of Ethics and Professional Practice, emphasizing responsibilities like software approvals based on safety, effectiveness, and environmental considerations. These ethical standards are designed to prevent practices that could diminish quality of human life, impinge on privacy, or cause environmental harm. Ethics in business and technology is not merely about compliance; it's an engagement with normative moral theories and often involves vibrant political debate.
Morality, although related to ethics, is distinct and refers to a code of conduct that may or may not align with the ethical standards set by professional organizations. Ethics extend beyond personal moral conduct to systematize and recommend right and wrong behavior within a professional context, underpinned by various ethical theories. Codes of ethics are essential tools in guiding professional behavior and ensuring members uphold the community's trust and the profession's integrity.