Final answer:
A code of ethics is a formal, written document that defines the moral standards of an organization and guides employees in making moral decisions across various situations.
Step-by-step explanation:
A code of ethics is a formal, written document that defines the moral standards of an organization and gives employees the information they need to make moral decisions across a range of situations. These codes outline what actions are and are not permissible for an organization and its individual employees, addressing matters such as bribery, discrimination, whistleblowing, and the accomplishment of environmental and social goals. They also guide employees on how to build and maintain trust and goodwill. For example, within the field of software engineering, the Institute of Electrical and Electronic Engineers Computer Society (IEEE-CS) has adopted the Software Engineering Code of Ethics and Professional Practice, which sets out the ethical obligations of software engineers.