For whom is the following code of conduct beneficial in management?

Correct answer: For stakeholders and the organisation

The governing concept is professional conduct in management. A code of conduct establishes expected standards such as honesty, fairness, accountability, confidentiality and respect. When managers follow these standards, decisions become more transparent and organisational actions become more trustworthy. Employees receive fair treatment, customers receive reliable information, investors and regulators gain confidence, and the organisation protects its reputation. Therefore, the benefit extends to the organisation as well as its stakeholders, making option C correct. Options A, B and D are absurd because a code of conduct is designed for human behaviour and institutional relationships, not for inanimate objects. It also helps align individual managerial actions with wider organisational and social responsibilities.