Question

Discuss the differences between mandatory ethical requirements versus voluntary ethical compliance

Discuss the differences between mandatory ethical requirements versus voluntary ethical compliance

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Answer #1

Ans:-There is certain misunderstanding about the role of ethics and compliance play in an organisation.Some organisation have compliance devision and other organisations have ethical and compliance devision.Ethics is very difficult to define than compliance because it contain personal code of conduct.Mandatory ethical requirements is the standared and instructions set forth by an organisation to aid an individual function at the level of ethical thinking.The voluntarily ethical compliance normally refers to a company's or business person's conventionality with applicable laws and principles .That rules and regulations are set out by the government.

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