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The Law and Business Codes

Business firms are governed by a set of rules, customs and laws which check the behavior of the entire market in general and each individual businessman in particular. Code of ethics in business is a must to make business as dignified as possible, not merely as a money-making venture.

Details
language english
wordcount 2684 (cca 7.5 pages)
contextual quality N/A
language level N/A
price free
sources 2
Table of contents

LAW GOVERNING BUSINESS IN GENERAL 1
THE LAW OF TEN COMMANDMENTS 2
CODE OF ETHICS 5
WORKS CITED 6

Preview of the essay: The Law and Business Codes

THE LAW AND BUSINESS CODES No individual can conduct himself in an ethical manner in line with high ethical standard unless he knows the law and faithfully complies with its provisions. While a businessman may be able to provide jobs to his employees and afford them with a source of income, nevertheless, if he pays them wages below the mandatory wage, he is not only guilty of violating the law but moreover commits a breach in ethical conduct. Equally so, when he deliberately refused to include them in the roster of the Social Security System. Some businessmen to circumvent the law, terminate the services of their workers and employees before they complete a three-month period. LAW GOVERNING BUSINESS IN GENERAL Law is described as a “system of rules” ...





... 16, 1966 designed to promote a further development of social responsibility towards the consumer and the community on the part of all concerned with advertising to counteract possible misuse of advertising. The Codes are printed, and framed copies are frequently found hanging in the offices of the individuals or firms who comprise the association. A large number of firms have drawn up codes that are binding on their employees. Some of these are stated in general terms but others deal with specific problems, such as accepting gifts, bribes and conniving with competitors.
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Humanistic Studies
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Law
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