What is the primary purpose of a Code of Ethics?

The primary purpose of a Code of Ethics is to provide a benchmark for members to use for self-evaluation. This kind of framework aids individuals and organizations in assessing their own practices, behaviors, and decision-making processes against established ethical standards. A Code of Ethics serves as a guiding document that articulates the values and principles that members are expected to uphold, facilitating personal and professional integrity.

Members can refer to the Code to reflect on their actions and choices, ensuring they align with the ethical expectations of their profession or organization. In this way, it fosters a culture of accountability and encourages continuous improvement in ethical practices.

The other options focus on specific administrative functions that may occur within ethical frameworks, but they do not encompass the overarching purpose of fostering ethical standards among members in a proactive manner. Establishing legally binding regulations, outlining complaint procedures, or determining penalties for violations are all reactive approaches to ethics rather than a foundational guiding principle for ethical behavior and self-examination.