Decision of Nike to cancel orders from suppliers that violates its ethics code is the correct answer. A code of ethics is a set of principles designed to help professionals conduct business in an honest and ethical manner.
A code of ethics document may outline business or organization's mission and values, how professionals are expected to approach problems, ethical principles based on the organization's core values, and the standards to which the professional is held.
A compliance-based code of ethics, a value-based code of ethics, and a code of ethics among professionals are three main types of codes of ethics.
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