Why is it often said that an organization's code of ethics really only apply to the internals of an ...

 Research has shown that the development and distribution of a code of ethics really is an effective and efficient means of encouraging ethical practices within an organization. However, managers cannot assume that just because their firms have a code of ethics all organization members will have all the guidelines needed to determine what is ethical and act accordingly. It is impossible for a firm's code of ethics to cover all ethical and unethical conduct within an organization in one code  or to address all potential ethical dilemmas a firm's employees will be faced with on a daily basis. It is important for managers to realize their codes of ethics will need to be monitored and potentially revised periodically so that they are realistic and usable guidelines.

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