• Identify, understand, and explain the basic ethical theories that structure contemporary business thought. Discuss in detail the ethical code in your workplace and the effect it has on the mission! Reference: http://www.league.org/services/critical_ethical.html “As officers and employees of Enron Corp., its subsidiaries, and affiliated companies, we are responsible for conducting the business affairs of the companies in accordance with all applicable laws and a moral and honest manner. (Lay, 2000) “At Applied Industrial Technologies and its subsidiaries (“Applied®”), we are committed to the highest level of ethical conduct. I personally believe that the culture of ethics and integrity in all we do begins with every leader and each associate.
As a CBT employee, I believe following these five simple guidelines helps keep me in line with the code of business conduct and ethics. Be Honest The foundation of Zions’ code is honesty. Employees are asked to be “absolutely and completely honest in every way and in every circumstance” (Simmons). Bank employees have access to confidential information. Employees must respect the clients’ information and the bank’s reputation.
The employees must keep company’s tangible assets and knowledgeable things. The company and its employees have obligation to protect their tangible and intangible assets. Generally, the protection of assets is most important part in profit entities. County of San Diego and G.M Financial conduct their businesses that elementally trust employees. Nevertheless, the reason that company adopts the code of ethics is forbid to fraud, theft, and corruption by
Ethics and Compliance FIN/370 Ethics and Compliance Ethics and compliance play an immense role in many organizations. The ethics and compliance within an organization depict the standards of legal, ethical, and professional behavior of the organizational culture. It also outlines a set of fundamental principles, which is used as a basis for operational requirements and prohibitions. Therefore, most organizations define their most important guiding values and formulate behavioral standards for employees to enforce those values to the roles and responsibilities that they hold within the organization. Starbucks is one of the companies that highly upholds business ethics and compliance.
Their bankruptcies became inevitable as the Securities and Exchange Commission (SEC) and financial analysts began to see the signs of irregularities among numerous companies. When the SEC ordered the restatement of their financial reports in accordance with the GAAP rules, it turned out that these companies were mostly founded by inflated revenues and negative financial conditions. Short after, companies reputations and financial credibility began break like bubbles, in the wake of the ensuing investigations. The result of these action caused investors once again lost their trust and confidence in America’s publicly traded companies, which eventually led to more bankruptcies. As a result, multitudes became jobless, and the trend went from bad to worse throughout the decade.
Week Two Learning Team Reflection During Week 1, we discussed the basic components of business research. We were shown how to recognize dilemmas and address issues related to corporate America, such as declining sales, increase in costs and any other issues that may have adverse impact on business. With that, business research becomes a problem solving tool in the decision making. However, ethics must first be weighed to ensure the social bottom line and productivity remains at its highest. Unethical behavior undermines positive gains.
John Snow’s contributions to anesthesiology have influenced the creation of other anesthetics that are widely used today. Now, when a patient must undergo surgery, he/she is placed under amnesia through the use of anesthetics. John Snow is therefore credited for impacting modern anesthesiology, but he is primarily credited for his contributions to epidemiology and the cholera outbreak of 1854 (ucla.edu). The cholera outbreak of 1854 in Soho, London was caused primarily by a lack of proper sanitary services. Due to the large arrival of people in Soho, London, pollution increased and the London government had to resort to dumping the waste into nearby rivers.
Dick’s has long enjoyed and valued its reputation of adhering to the highest principles of fairness and integrity in our business relationships. We want to avoid even the appearance of impropriety at all times. In doing your job, you are responsible for abiding by Dick's Sporting Goods’ (the “Company”) policies and all local and national laws in all states and countries in which the Company does business. You are responsible for knowing and following the laws and policies that relate to your job, including the policies in the Code of Business Conduct and Ethics (the “Code”) and all other Company policies, including but not limited to Policy and Procedure manuals, Associate Handbooks, etc. Violating these policies may result in corrective action including, without limitation, termination of employment of your services with the Company, recovery of damages and the filing of criminal charges.
The opinion of the general public has been widely affected by the abuse scandal at Winterbourne View, some people have removed their family members from care homes refusing to keep them somewhere they might not be safe. Some people have found the programme has changed their mind on wanting a career in care work after seeing the horrific scenes which were aired. The abuse scandal which occurred at Winterbourne View Hospital was extremely sad and never should of happened, with the report findings Police were able to charge 10 people with 40 charges under the mental health act. The patients of Winterbourne View who suffered the abuse were vulnerable and put their trust into staff who abused it. The CQC, health regulators and police have all been criticised for failing to act on warning signs, with the stricter rules and regulations put in place by the CQC we can only hope that this is something
It also demands the employees to abide by the laws and regulation set forth by the state and federal governments. The code of ethics is based on the company’s core values. The values of Microsoft includes having strong integrity, being compliant with regulations, maintaining the trust of customers and shareholders, responsible management of the way the organization is ran. Most importunately having respect for the environment and the people