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Professional and corporate ethics

3.2 Benefits and drawbacks of corporate and professional codes

Benefits Drawbacks

Provides framework for conflict It is only a code – may not fit the precise
resolution ethical issue

Provides guidelines for similar Can be interpreted in different ways
ethical disputes and methods of which may appear ethically incorrect to
resolution two different people

Provides boundaries across May be no clear or effective punishment
which it is ethically incorrect to for breaching the code
pass

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