What are Code of Conduct and Ethics?
What is a code of conduct?
a. A set of rules, agreed behaviors, norms, accepted practices, ideals, and responsibilities set aside for the members of a group or business organization such as REALTORS®.
What are ethics?
a. A set of both written and unwritten principles, values, ideals, or rules of moral conduct that guides and governs human behaviors.
Answer:
The code of conduct can be defined as a set of rules, agreed behaviors, norms, accepted practices, ideals, and responsibilities set aside for the members of a group or business organization such as REALTORS®. On the other hand, ethics can be defined as a set of both written and unwritten principles, values, ideals, or rules of moral conduct that guide and govern human behaviors.
Code of Conduct and Ethics
A code of conduct is essential in defining the behavior and standards expected from members of a group or organization like REALTORS®. It serves as a guiding document that outlines the principles, norms, and responsibilities that members must adhere to in order to maintain integrity and professionalism in their dealings.
Ethics, on the other hand, go beyond mere rules and regulations. Ethics represent a set of moral principles that shape the decision-making process and actions of individuals. It provides a framework for distinguishing between right and wrong, guiding individuals towards ethical behavior based on values and principles.
Both the code of conduct and ethics are integral in maintaining a professional and ethical standard within organizations like REALTORS®. By adhering to these guidelines, members demonstrate their commitment to upholding integrity, honesty, and ethical behavior in their interactions with clients and colleagues.