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In this training session, the speaker introduces the importance of a code of conduct and ethics for employees, emphasizing individual roles and responsibilities in adhering to company guidelines. They discuss ethical dilemmas, highlighting that such situations often lack clear right or wrong answers, with some choices being better than others. Joe shares a personal experience of handling an ethical dilemma poorly, acknowledging the complexities involved. The speaker reassures that a code of conduct can serve as a valuable resource in navigating these gray areas, providing insights into the organization’s values and guiding employees in making ethical decisions.