What Is an Ethics Code? What Methods Do Firms Use

question 52

Essay

What is an ethics code? What methods do firms use to monitor employees and ensure their compliance with ethics codes?

---

Definitions:

Madrid Protocol

An international treaty designed to simplify the process of applying for trademark protection in multiple countries through a single application.

Exclusive Territorial Distributorship

A business agreement granting one distributor the sole rights to sell a product or service within a specified geographic area.

Requirement Contracts

Contracts in which a buyer agrees to purchase a specific quantity of goods or services from a seller over a set period, often with agreed-upon terms and prices.

Per Se Illegal

Describes actions or behaviors that are considered illegal in and of themselves, without needing further examination of their context or effects.