Answer:
Establishing a formal code of ethics is
growing in popularity.
Explanation:
A code of ethics refers to the established principles designed to help professionals conduct business honestly and with integrity. It sets guidelines for an employee's or a professional's conduct and also determines appropriate penalties for code violations. The establishment of a code of ethics has been growing in popularity since the Sarbanes-Oxley Act of 2002, with some companies organizing training to ensure that their employees learn the rules of proper and ethical conduct early enough. Fresher courses are also organized for updating knowledge of ethical practices.
