With this fact it is quite essential that Bendix’s target market be well informed of the efficient product being manufactured & distributed by this corporation. The history of the Bendix product line has proven itself in a positive way amongst the commercial vehicle market and with that the ultimate end user who buys that airbrake valve or air compressor from their local retailer. One thing I hear from the customers who buy and use their product is the strong resistance its product have to the outside elements whether that is liquid, dirt, or other common contaminants. Bendix has built a strong reputation as a viable support system in place to assist and help with technical problems a consumer might run into trouble with on its product. This strong support system carries with itself a toll free phone number in which the consumer is encouraged to call into if any incident were to occur.
“LJB Company…Headed in the right direction” Carl R. Smith Acct 504- Professor Wibbert 2-9-2014 1. To the LJB President: I would like to personally thank you for allowing my accounting firm to evaluate your company’s internal controls system. In my report you will be informed of any new internal control requirements required for LJB to go public as well as inform you of what your company is doing right and make any suggestions on what the company can do to get better. The interest of the company going public will be a very successful decision. Some tests have to be properly administered to do so.
Rally Round the Trade Name Law, Ethics and Corporate Governance - LEG 500 Dr. Augustine Weekley Strayer University 11 December 2011 Explain whether or not the fact that Gabby’s surname is Rally gives her the right to use it any way she wishes. The fact that Gabby’s surname is Rally does not give her the right to use it any way she wishes. There are no laws that state that she has any rights to a trade name purely based on the fact that it’s her last name. If the business name Rally is already legally registered as a trade name under common law or as trademark under federal law, then legally she cannot use it as her business name as well. In order for Gabby to gain rights to a business name she must apply for a trade name and/or trademark for her business.
Running Head: ABC, INC. CASE STUDY 1 ABC, Inc. Case Study Randolph Coppett COM215/Essentials of College Writing 27 Feb 2014 Valery Reed ABC, INC. CASE STUDY 2 Introduction ABC, Inc. is a progressive company that relies heavily on its recruiters to bring the best possible talent they can find into our fold. Our recruiters are the heart and soul of our company. They work very hard to give us the edge in our target areas and help to keep us at the forefront of a very competitive market by finding the best employees available to push our product to the masses. One of the ways we ensure our production stays high is that we hire the best recruiters on the planet, who in turn bring other like-minded people into our company. That is a huge part of our formula for success.
Top management in the Alcoa, CEO Paul O’ Neill, played an excellent and critical role in the development and implementation of the ethical work climate and organizational performance in the company. O’ Neill made it imperative to identify the importance of health and safety within the company’s practice. “The emphasis on safety had deep meaning to Alcoa’s management team. The company’s management firmly believed that no employees should be forced to work in an environment where their safety and the safety of other employees might be jeopardized. Alcoa’s management supported the ethical principle that no employees should leave work in a worse condition than when they arrived” (Lawrence & Weber, 2011).
Through their products and their beliefs nationwide, PepsiCo is committed to ethical behavior and compliance. Role of Ethics and Compliance PepsiCo has always been a leader with purpose and their financial performance strikes a fine balance between short term and long term investments in acquisitions, research and development (R&D) along with the emerging markets overseas. PepsiCo operates according to strict standards and holding people accountable all in an effort to deliver the growth while everyone who shares in the vision of building a stronger performing company financially for its shareholders. According to the Chairman and Chief Executive Officer of PepsiCo, Indra Noovi (2010) she stated PepsiCo, remains committed to delivering top-tier financial returns. But we went a step further.
Congress passed the Sarbanes-Oxley Act in 2002 that states in Sec. 406, that companies are required to tell if they have created and accepted their own code of ethics and anything else pertaining to the said code. Agreeing to the code is voluntary for companies that are held privately but some chose to also adopt and disclose their code of ethics as well as require their suppliers and service providers to reveal the code of ethics they developed (Mendes, 2006). Business code of ethics procedures should be specific for handling ethics for employees, interest conflicts, trading on the inside and discretion (Business Code of Ethics, 2005). Code of ethics to be effective for a company must be in writing and is agreed on by all employees, executives, managers, and directors and must be signed each year to comply with changing laws and policies and to be certain they are still in agreement with the laws (Business Code of Ethics, 2009).
For example information should not be given out to anyone who isn’t involved. Staff must get the consent of anyone’s information they need to share. Staff needs to make sure that the correct information is accessible for those who need to know, it is important. Legal requirements and codes of practice are also beneficial as they help keep a balanced relationship between the workers and service users. They also may obstruct the amount of support given to a specific client and this could be due to health and safety or not meeting the legal
They are also subject to the laws of other countries in which they operate. Businesses organized in other countries must obey the laws of the United States when doing business here. In addition, businesspeople owe a duty to act ethically in the conduct of their affairs, and businesses owe a responsibility not to harm society.” In other words, companies conducting business in this country have an obligation to carry out their business practices in a manner that does no harm to anyone or anything. This includes the
We will always look for the best possible profit outcome from any kind of situation. The leaders of businesses are expected to run their business as profitably as can. Both successful and money-making business in itself can be a remarkable provider toward the common good of the social order. Here actually comes the word ‘Ethics’ in a business. In business ethical decision is a must thing and to succeed in the long term, it is important to be ethical in every aspect.