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What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow? ​

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Answer:

Advantages of code of conduct:

  • The core value of a company is established and flourished by forming a code of conduct.
  • By means of code of conduct, beliefs are set and the right type of culture for the company is promoted.
  • A code of conduct gives a company mission and the encouragement to work hard.
  • The reputation of a company is made and enhanced by code of conduct.

Disadvantages of code of conduct:

  • Although the code of conduct promises equality for all members of a company but such conducts are not practiced which brings the employees with non- satisfactory actions.
  • Code of conduct can be inefficient and lead to scandals in many countries.

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