Important of a code of ethic, mission and vision statements.

Developing a 3–5 page report on the importance of a code of ethics and mission and vision statements when starting a new business. Explain the purpose of each, identify the key elements for each, and explain how they can affect the success of a business.

  • Explain purpose of mission – vision statements for a company.
  • Identify key elements that should be included in mission – vision statements.
  • Explain purpose of a code of ethics. Who the code is directed toward: Leadership, employees, or customers?
  • Identify key elements that a code of ethics should contain.
  • Explain the relationship between a company’s mission and vision statements and its code of ethics. How can they affect the success of a business?
  • Explain the role of an organization’s leadership in promoting and supporting the vision, mission, and ethical principles of the organization.

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