...Company X Code Of Ethics Section I: Standards and Procedures 1. Equal Opportunity Employment Employment with Company X is based solely on individual merit and qualifications directly related to professional competence. Discrimination or harassment of any kind is strictly prohibited, including discrimination or harassment on the basis of race, color, religion, veteran status, national origin, ancestry, pregnancy status, sex, gender identity or expression, age, marital status, mental or physical disability, medical condition, sexual orientation or any other characteristics protected by law. 2. Positive Environment Company X prohibits unlawful harassment in any form – verbal, physical or visual. If an employee believes they have been harassed by anyone at Company X, they should immediately report the incident to their supervisor, Human Resources or both. Supervisors and managers who learn of any such incident should report it to Human Resources immediately. HR investigates and take appropriate action on all complaints promptly and thoroughly. 3. Drugs and Alcohol Company X takes a Zero Tolerance policy related to drug use. Due to the threats to the health and safety of our employees, it is not permitted. Consumption of alcohol is banned while on company property, although it may be consumed on company outings. Company X requires its employees to use good judgment and never drink in a way that leads to poor awareness, inappropriate actions, endangers the safety...
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...Company Q is a small business that has concern about losing profits mostly due to the recent closing of two grocery stores. A local food bank has asked them to donate day old perishable goods, however, management declines. Company Q is openly demonstrating to the community that they are socially irresponsible which could in turn result in losing local business. There is not an ethical reason to be against assisting the food bank since this is day old product that they are not likely to sell. The food store can still save their reputation, customers and potential partnerships if they consider to put in place a code of ethics, provide proper training of employees to follow through on those ethics, and monitor the new codes effectiveness....
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...Environment Code of Ethics Conduct Coca-Cola Company Richard Bonds Dr. J. A. Anderson, Sr. Date May, 31 2014 Abstract Coca-Cola Company or Coke s the largest distributor of soft drinks in the world. Businesses such as Coke and other corporations set a strict code of ethics laws to live by and operate upon. This paper will illustrate the code of ethics of Coke the industry leaders and two of its partners/competitors PepsiCo and Dr. Pepper/Snapple Co. and the similarities of their ethics code for operations as American multination companies. Coca-Cola Company or Coke is the largest distributor of soft drinks in the world. A successful businesses like Coke and other large corporations set a strict code of ethics laws to live by and operate upon. A brief look at the industries three largest leaders in the soft drink industry, with Coke being the front runner followed by the PepsiCo Groups and Dr. Pepper/Snapple Group all unique in their own way with a variety of products consumers have been using for nearly 100 years. All three companies born in the southern part of the United States has provided different brands names under different company logos worldwide. Coke has such names in the soft drink industry like Sprite, Minute Made, Fanta, Power Aide, an Simple Orange to name a few of the 3500 plus products they produce worldwide. The largest and closest competitor of Coke is a bit more diverse in the product line with a group of companies under one...
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...Evaluation of a Business Code of Ethics Holly Danielle Murphy PHL 323 Ethics in Management September 20, 2010 Mary Carter Evaluation of a Business Code of Ethics The code of ethics for InnerCity Broadcasting Company may be found in any business as its code is very standard. In this paper I will identify the ethical system at play within InnerCity Broadcasting Company and discuss how the code of ethics is used within the organization. The paper will also identify the type of ethical system at play within the organization and include information in regard to the different departments and the code of ethics. Each member of the company will need to understand the entire code of ethics; however, they will find different uses for this code within his or her duties. Additionally, modification of the code of ethics will be discussed and any amendments will be identified accordingly. Finally, the reaction to the new amendments of the code of ethics by both management and employees will be discussed. The company was founded by Percy Sutton who purchased the first owned African American radio station in 1971. He believed that the best way to empowerment was through the media and politics (HarlemTorch, n.d.). According to InnerCity Broadcasting Company (2010), the mission statement of InnerCity Broadcasting Company states: “Our primary focus is on entertaining and informing our listeners and helping advertisers to better understand the benefits of promoting their products and service...
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...Creating an Effective Code of Ethics for Widget Tech Inc. 11/23/2009 David G. Montague | Summary Widget Tech Inc. is in need of update the company’s current code of ethics due to growth of the company and the changing workforce. Research has been conducted to revise the current policy and address topics that were previously overlooked. Widget Tech Inc. is a company that stresses both corporate and personal integrity. We not only comply with laws and applicable regulations; but we also strive to conduct our affairs according to the highest ethical standards. Employees are expected to be honest and forthright in dealings with managers, subordinates and with one another, as well as with clients, suppliers, government agencies and their employees, business partners and the general public. Widget Tech employees must maintain the highest level of personal integrity and encourage it in others; they must not lie, cheat, steal or do anything that would bring dishonor upon themselves or the company (SRA International, Inc. 2009). Review of Widget Tech Inc. Code of Ethics Table of Contents Summary……………………………………………………………………………………..………..2 Introduction……………………………………………………………………………….………..…3 How to Create a Code of Ethics………………………………………………..……....…3 Components of a Code of Ethics……………………………………………….……………4 Conclusion………………………………………………………………………………………….....5 Recommendation……………………………………………………….…………….…………….5 Sources………………………………………………………….………………….…………………….6 Introduction ...
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...Introduction Codes of ethics Code of ethics is widely accepted in an organization or company. Many business adopted code of ethics at this present days. So, its adaptors are steadily increasing over past two decade. The research of Mark John Somers characterized codes of ethics into several themes representing distinct lines of inquiry. One theme concern in promoting ethical behavior in organization and second one is prevalence; which mean which codes have been adopted in specific countries. (e.g white and Montgonery, 1980) or industries (e.g Berenbeim, 1992). And the last is emergent theme which concerns the influence of codes of ethics on employee in an organization. Codes of ethics define moral idea essence of an organization or company. A code need to be simple and easy to understand that unites employee regardless of their particular religious, sex, location, race and ethnicity. The tone of code is important. There are six moral values of codes of ethics review by corporate, global codes of ethics, Business ethics are as follows: * Trustworthiness * Responsibility * Respect * Caring * Fairness * Citizenship Codes of conduct A code of conduct expands on the principles embodied in code of ethics. Codes of conduct have to address all the legal expectation and ethical risks suit to organization or company or job title. Codes of conduct have to be revising when the issues arise in the organization. The NYSE address seven topics of codes they are...
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...YOU DECIDE Widget Tech Inc. Code of Ethics Professor: Sheila Hostetler LAWS 310 Devry University Review of Widget Tech Inc. Code of Ethics Table of Contents LAWS 310 - WEEK 7: YOU DECIDE Summary…………………………………………………………………..………..3 Introduction……………………….…………………………………….………..…3 How to Create a Code of Ethics………………………………………….....…....…4 Components of a Code of Ethics…………………………………… .……………4 Conclusion…………………………………………………..…………………….....6 Sources…………………………………………………...…….…………………….7 Summary Widget Tech Inc. is in need of update the company’s current code of ethics due to growth of the company and the changing workforce. Research has been conducted to revise the current LAWS 310 - WEEK 7: YOU DECIDE policy and address topics that were previously overlooked. Widget Tech Inc. is a company that stresses both corporate and personal integrity. We not only comply with laws and applicable regulations; but we also strive to conduct our affairs according to the highest ethical standards. Employees are expected to be honest and forthright in dealings with managers, subordinates and with one another, as well as with clients, suppliers, government agencies and their employees, business partners and the general public. Widget Tech employees must maintain the highest level of personal integrity and encourage it in others; they must not lie, cheat, steal or do anything that would bring dishonor upon themselves or the company (SRA International, Inc. 2009)...
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...Analysis of Ethical Corporate Culture between 2013 and 2015 Group 6: Michelle Delgado Lok Sum Lydia Fung Chau Nguyen ACCT 415 Dr. James Gong 5/14/2015 Executive Summary In business, leaders, managers, and employees face conflicting incentives, messages and pressures from multiple stakeholders. Conflict of interest is said to occur when a professional’s self interest offers an incentive that mitigates his or her judgment against the best interest of the corporation or its customers. In turn, most professionals are unaware of their unethical progression because they are blindsided by internal motivation and expectations. It has been proclaimed that the most important job of the board of directors is hiring the right CEO, causing most boards to fail to notice unethical behavior in someone they do not wish or expect to find it. In fact, research suggests that it is usually difficult to report wrongdoing in an organization because most employees believe the same and fear retaliation, rejection, or disbelief from corporate leaders. Ethical principles will often offer advice for procedures and norms that can reinstate ethical concerns before unforeseen behavior damages an enterprises culture or reputation. In general, ethical systems are designed to improve the ethical behavior within an organization. To do so requires examining the interaction of many factors and forces in a working environment - which were investigated (analyzed) in this report. Executives...
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...Of A Business Code Of Ethics YourFirstName YourLastName University title Introduction A chief executive officer cannot simply make the decision that is best for her without considering the interests of other employees, stockholders, customers, suppliers, creditors, and so forth. Integrity is the cornerstone of ethical business practices. Failure to build a business on integrity carries costs. For example, deceptive business practices may harm a company's standing in the community, decrease employee productivity, reduce customer loyalty, build resentment among employees, increase the likelihood of further unethical behavior by employees, and cause scrutiny by government agencies. Although the costs of some of these consequences are difficult to quantify, there is no doubt that they can be substantial. Evaluate chosen strategy King and Spalding is a legal firm that was founded in 1885, Atlanta. It has a total of 800 lawyers across the U.S, Europe, Asia and Middle East. Ethics Programs Companies frequently create ethics programs to establish and help maintain an ethical business environment. Some of the most common elements of ethics pro-grams at King & Spalding include written codes of ethics, employee hotlines and ethics call centers, ethics training, processes to register anonymous complaints about wrongdoing, and ethics offices. Ethics programs may include any combination of these elements. However, according to a recent survey, an ethics program with multiple...
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...| Good Business Ethics | [Type the document subtitle] | | [Type the author name] | | Table of Contents Table of Contents------------------------------------------------------------------ 1 Executive Summary-----------------------------------------------------------------2 Introduction--------------------------------------------------------------------------3 Research Finding #1 Why strong ethical decisions are important to companies. ----4 Research Finding #2 How Ethics affect the bottom lines---------------------------------5 Research Finding # 3 How does a Company Keep Everyone on the Same Ethical Road? ----6 Recommendations-------------------------------------------------------------------9 Conclusion---------------------------------------------------------------------------10 References----------------------------------------------------------------------------11 EXECUTIVE SUMMARY * Business ethics have a strong impact on all companies. When a company is written up for unethical performances the profitability of the company will be affected in a negative way. Every business needs to have a code of ethics that relates to its mission statement. An employee code of ethics does not tell an employee how to handle or micromanage every situation that may arise. A good code of ethics starts with the company’s mission statement. The company can take its mission statement and intertwine the company’s...
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...Evaluation of a Business Code of Ethics Evaluation of a Business Code of Ethics Business codes of ethics are written guidelines use by an organization to set the standards for employees and management conduct and behavior ("Businessdictionary.com," 2013). Business code of ethics is important to deal with ethical the rules and principles needed for a successful business. Also known as code of conduct a business code of ethics reflect an organization values, ethics, objective, and responsibilities ensuring corporate responsibility, quality assurance, and customer satisfaction creating excellence, accountability, and transparency. In this paper an explanation and description of some general information concerning Starbucks mission, and ethical system uses with examples of their uses. The essay will also identify how the code of ethics affects employees, managers, and board of directors within the organization. An explanation of the organization need to modify the existing code of ethics and the best method to implement these changes will be discussed. Furthermore, a discussion of the possible reactions from employees, managers, and the effects the code may have on the organization will be provided. Starbucks general information general information, mission statement, and code of ethics Starbucks first opened in 1971 in Seattle historic Pike Place Market owned by three partners Jerry Baldwin, Zev Siegel, and Gordon Bowker. During the first decade,...
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...Introduction In a company, ethical decision making is very important and required because it’s a strategy to face and resolve all different dilemmas that all the levels and departments of the company may encounter. In our current toy company, ethical decisions making is essential and required to face and resolve all different types of obstacles. But first, I need to take a step back in explaining the core meaning and attributes of an ethical decision making, In order to best understand the purpose of this particular report. Purpose The purpose of this report is to provide and discuss two strategies that the toy company could utilize to ensure that ethical decision takes place in all levels and departments of the company. Creating and introducing a “code of ethics” for the toy company would be the very first implementation. This would serve as an employee manual and guide as to doing things and managing company products and manufacturing. Employees are more liable to follow regulations when there is a standard that is required of all that is employed by the company. Secondly the company must higher “Compliance managers” whose responsibility is to strictly monitor and guide employers, department by department oh how to hold a higher standard of operation and product. It is of the highest importance for the company to constantly produce products with integrity and reputation in mind therefore having a certain set of people roaming the facility, inspecting every facet of the company on compliance...
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...REPORT The Importance of Ethical Decision Making WGU Toy Company A decision with ethical concerns is significant and comes with greater consequences than ordinary, everyday decisions. Key to ethical decision making throughout the organization is providing a written code of ethics for your business. By having a written code of ethics the importance and value of knowing right from wrong behavior is emphasized. This provides an atmosphere where moral values and principles are a priority. Instead of having employees unsure about making decisions, these written ethical principles deliver guidelines to maintain consistent and appropriate decisions. Having a code sets the tone and drives expectation for its use. It makes it clear that your company wants you to make the ethical choice, and they will support and defend you when you do. Another key to ethical decision making is training. This integrates the ethics code into the workplace. “These should be embedded as part of the culture in the organization” (Abdullah, 2013). Providing employees with tools for critical thinking and good decision making empowers employees from the very start. Training creates recognition for ethical issues and provides guidance for finding and making an ethical choice. It prepares employees for forward thinking to handle unanticipated situations and face new problems. It reinforces the significance of every employee’s responsibility to uphold the company’s principles. It gives the employee a...
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...Electronics Ethics Case Introduction: Elizabeth Electronics is facing an issue that can cause the business to lose its credibility and reputation. The company has received many complaints from customers regarding its LCD TV’s products. Our employees are violating the code of ethics, causing the company’s TVs to overheat after a period of time approximated to be one year and two months, after the one year warranty expires. After investigations, we discovered that some materials were causing this problem to arise. Employees covered up this issue during testing to ensure a fast production and strength their ability to compete with other companies. However, the company received many negative comments and bad views from the media, and lost many customers as a result. People who are conducting any sort of business should follow a moral code known as business ethics. We are responsible to follow this code of ethics and should never cheat under any circumstances. Business ethics are applied in almost every business to ensure that a certain level of trust will exist between the customers and the business. Integrity, Honesty, fidelity, charity, responsibility, and self-discipline are some values that are considered as part of the Business ethics. We have to take responsibility and rectify this Issue in order to improve our image and our ethical performance Our priority now is to initiate a well implemented ethical program in order to improve the ethical culture of the company. Well...
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...Business Code of Ethics Evaluation PHL/323 June 25, 2012 Marcia Hotchkiss Business Code of Ethics Evaluation Brink’s is a secure logistics company who provides many different services to customers around the world. Brink’s mission is to provide end-to-end secure logistics worldwide driven by outstanding people and information technology (Brink's, 2012, para. 2). This means Brink’s transports, processes, and stores money and valuables for its customers all over the world. The most prominent portion of the company are the trucks seen by the public servicing customers on a daily basis, but many people do not see the variety of services Brink’s provides behind closed doors. In many cases Brink’s is the main, virtual vault, vault for many large banks around the world. They process deposits of cash and coin as well as pack change orders for businesses who are customers of the banks who employ Brink’s services. Brink’s also provides transportation of valuables, such as jewels, around the world with their Global Services or Air Courier services. Brink’s could not provide these services without having a code of ethics that ensures compliance with laws and to reduce internal loss of customer liability. Ethical System and How it is Used Brink’s ethical system is mostly a duty-based system taken from a legal standpoint due to the nature of its business. Most of the ethical standards Brink’s uses are centered on preventing loss and misuse of company and customer property...
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