explain the purpose of the unified code of conduct for business prepared by the integrity initiative movement. 1. It harmonizes existing ethical standards among business operating in the Philippines....

explain the purpose of the unified code of conduct for business prepared by the integrity initiative movement.

1. It harmonizes existing ethical standards among business operating in the Philippines. It ensures that
different
market players adhere to the same rule of the game in order to create fair market conditions and
promote transparency in doing business.
2. the Code formally communicates the signatories’ commitment to upholding high standards of ethics in all
business transactions. It articulates the belief that securing profit at the expense of integrity is an
unacceptable and unsustainable way of conducting business and that measures have been taken to
enforce and cultivate integrity habits within the signatories’ respective organizations.