What is the purpose of a written code of ethics in a workplace?

A written code of ethics serves as a foundational framework within a workplace, primarily guiding employees in making ethical decisions. It delineates the expectations for behavior, standards of conduct, and principles that employees should follow. This guidance is crucial, especially in complex situations where the right course of action may not be immediately clear.

By having a code of ethics, organizations can create a consistent approach to addressing ethical dilemmas and reinforce the importance of integrity in business practices. This not only helps employees navigate challenges appropriately but also fosters a culture of accountability and transparency within the organization, ultimately supporting a positive work environment.

In contrast, outlining company profits, promoting teamwork, and establishing marketing strategies, while all significant for a business's operations, do not directly relate to the ethical decision-making framework that a code of ethics embodies. Each of those options focuses on other aspects of business management rather than the ethical responsibilities expected of employees.