Question

1. What does it mean “ORGANIZATION CODE OF ETHICS?”
2. Briefly explain, how sustainable entrepreneurship can be considered as “Double Edge Weapon”?

Answer 1

1. The Code of Ethics is a code of ethics intended to help professionals conduct business with dignity and fairness. The Code of Ethics may outline the mission and values of a business or organization, the manner in which professionals are supposed to solve problems, the ethical principles based on the core values of the organization, and the requirements to which the professional is bound. The Code of Ethics lays out the ethical principles and best practices of the company to be practiced for fairness , dignity and professionalism. In the case of members of an association, violations of the Code of Ethics can result in penalties, including termination.

2. While Sustainable Entrepreneurship Literature is already familiar with the importance of principles and goals that drive the creation of businesses, relatively little attention has been paid to understanding how entrepreneurs build and incorporate their sense of purpose into the development of business over time. First, so far much of this literature has viewed intent as a discrete and static construction. This implicit assumption indicates that entrepreneurs tend to be motivated predominantly by either end-use or income, probably at the start-up level, and that option remains constant during the entire venture creation cycle.

As a consequence, a emphasis on intent that go far beyond the justification for the formation or nature of an undertaking and require an adequate variety of activities and practices in the construction of the character of an entity that serves the common good. In other words, the pursuit of "beyond profit" entrepreneurship can not necessarily be encapsulated in the proclaimed principles of a company, but must be implemented through the mechanism of organization. In addition, a target must also arise such that various forms of (purpose) organization can produce unanticipated destinations.