...Ethical and Socially Responsive Business Debbre` Paige Strayer University Intro to Business Professor: Gwendolyn Wiggins September 5, 2014 Abstract Ethical and Social Responsive Business behavior sets the foreground for business practices. Having good business ethics is the beginning to having a successful business. Being socially responsive lets your patrons know, your business is family and community oriented, and can start a long good relationship with the community. Ethical and Socially Responsive Behavior I am going to discuss Chipotle’s business practices relating to their code of behaviors that is set in place for the employees to adhere by. I am also going to discuss ways businesses can become more socially responsive in the community, where they are located in. Key Areas of Chipotle’s Code of Conduct 1. Compliance with the Code defines the expectations of the employees on how they are to conduct themselves within the business environment. It outlines how they are to comply with the rules and the ramifications of not complying with them. This is a vital part of company policy. It lets the employees know what is expected of them. 2. Ethics and conflicts of interest rules were put in place based on the company’s main value; which is honesty. The policy sets forth the actions that need to be taken to, so you are not in violation of these codes. The policy was put in place to help their employees do the right thing, with regards...
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...Ethical and Socially Responsive Business BUS100 Ethical and Socially Responsive Business “Ethics and social responsibility often discussed in the same breath are closely related but they are definitely not the same. Ethics refers to sets of beliefs about right and wrong, good and bad; business ethics involve the application of these issues in the workplace. Social responsibility is the obligation of a business to contribute to society. The most socially responsible firms feature proactive policies that focus on meeting the needs of all their stakeholders not just investors but also employees, customers, the broader community, and the environment” (Kelly, 6th edition 2014). “The most basic ethical and social responsibility concerns have been codified as laws and regulations that encourage businesses to conform to society’s standards, values, and attitudes. Managers are expected to obey these laws and regulations. A lot of times the legal issues that come about are those that society thought to be unethical and irresponsible but these aren’t always illegal these ethical concerns change over time” (McGraw-Hill, 2000). Chipotle is a company that is based on integrity. Integrity is about being real and being honest, which in turn means do the right thing even when no one is looking. This company adheres to high ethical standards and good judgment. This is one key importance because you want to be sure that you can trust a company and its loyalty to customers. Loyalty will...
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...Ethical and Socially Responsive Business Iiesha Mosby Professor David Kimble, PMP Business/100 December 9, 2013 “Ethics and social responsibility often discussed in the same breath are closely related but they are definitely not the same. Ethics refers to sets of beliefs about right and wrong, good and bad; business ethics involve the application of these issues in the workplace. Social responsibility is the obligation of a business to contribute to society. The most socially responsible firms feature proactive policies that focus on meeting the needs of all their stakeholders not just investors but also employees, customers, the broader community, and the environment” (Kelly, 6th edition 2014). “The most basic ethical and social responsibility concerns have been codified as laws and regulations that encourage businesses to conform to society’s standards, values, and attitudes. Managers are expected to obey these laws and regulations. A lot of times the legal issues that come about are those that society thought to be unethical and irresponsible but these aren’t always illegal these ethical concerns change over time” (McGraw-Hill, 2000). Describe key areas of the selected company’s code of conduct that are of significant importance to the business, and explain why. Chipotle is a company that is based on integrity. Integrity is about being real and being honest, which in turn means do the right thing even when no one is looking. This company adheres to high ethical standards...
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...Ethical and Socially Responsive Business Derrick Smalls BUS 100 – Introduction to Business Strayer University Prof. Sherene A. S. Magrath, MBA Ethical and Socially Responsive Business Introduction Staff this is your CEO here and I am putting out this reminder to the entire staff of Chipotle including Officers and Members of the Board of Directors about the utmost importance of the adherence to the Code of Conduct. I am advising you that it is very important for each of you to review the Code of Conduct if you have not already done so at your earliest convenience. There are key areas of the Code of Conduct that you all will need to pay close attention to. I advise that each of you get a good understanding of these key areas for they can impact our business significantly. Also please pay attention to the issues and consequences that could happen if one of the key codes is violated. “Chipotle’s Ethics and Conflicts of Interest Policy, Protection and Use of Company Assets, and Chipotle’s Confidential Information” (Chipotle Mexican Grill, Inc.) are the key areas that you will need to pay close attention to. Describe key areas of the selected company's code of conduct that are of significant importance to the business, and explain why. Integrity Statement “Chipotle is a company based on integrity. Integrity is about being real and being honest. It means doing the right thing even when no one is watching. These values permeate the way we do, and do not do, business”...
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...Assignment 2: Ethical and Socially Responsive Business John M. Jones Professor Mark Malone BUS100058VA016-2411-016: Intro to Business February 24, 2013 Abstract The Code of Ethics and the Code of Business Conduct for the Cheescake Factory. “Oscar and Evelyn Overton realized their dream - to own a successful business. Evelyn created her Original Cheesecake recipe that everyone loved. By the late 1940's, she opened a small shop in Detroit. In 1972, Evelyn and Oscar, now in their early 50's, decided to move their cheesecake business to Los Angeles. 1975 marked the beginning of the most creative and productive period of their business endeavors. With their new and improved bakery, Evelyn created over 20 varieties of her delicious cheesecakes and other fantastic desserts. The restaurant was an immediate success! Just over 30 years later with close to 170 locations, the success of The Cheesecake Factory has even surpassed the Overton’s wildest dreams making The Cheesecake Factory a great American success story.” http://www.thecheesecakefactory.com/aboutUs. All organizations and businesses have a standard by which they hold their employees too. A code of ethics and in the business world there is the “Code of Business Conduct.” The Cheescake Factory has both. There is the Code of Ethics for Executive Officers, Senior Financial Officers and Directors. The Cheescake factory also has a Code of Business Conduct. A Code of Business Conduct serves as a guide for the actions...
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...Ethical and Socially Responsive Business Morisha Mack Business- 100 Professor Lizzie M. Lewis-Clemons September 2, 2013 Code of Conduct There are many high standards and principles that a business must set in order to be and remain successful. Many companies outline their expectations in a code of conduct. A code of conduct is a document written by a company that defines the ethical standards of the organization and gives employees information on how to handle situations within the organization. It is not only important that a business writes a code of conduct, but it is imperative that the principles are carried out by everyone within the business from the CEO to the employees. “While the primary goal of all businesses is to be profitable, they must also promote ethical and social responsibility throughout their organizations and their corresponding customer and supplier networks.”(Kelly, McGowen &Williams).(2013) Chipotle Mexican Grills’ Code of Conduct Chipotle has a code of conduct that assures its ongoing success. Some of the key components are its Vision Statement and its Anti-Discrimination and Harassment Policies. An organizations’ vision statement expresses its values as well as frameworks operating procedures. Chipotles code of conduct begins with its vision statement and is based primarily on Integrity. “Chipotle is a company based on Integrity. Integrity is about being real and being honest. It means doing the right...
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...Ethical and Socially Responsive Business Diane Renae Turner Business 100 Dr. Kazem Khan, Ph.D Strayer University June 16, 2014 Abstract In this paper, we will look at the Ethical and Socially Responsive Business of Chipotle Mexican Grill. As the CEO of Chipotle I will explain key areas of our conduct code and its importance, and the steps we take to ensure our employees follow our code. I will then explain our commitment to social responsibilities to our community. Our conduct code is the foundation to our company, and we take great pride in teaching our employees so they will have the necessary tool to provide our customers with outstanding customer service. Chipotle believes in giving back to our community, doing this brings us closer to our customer and employees. Key areas of our conduct code One of our key areas of conduct for our company is integrity not only to our customer but for ourselves. We believe that integrity is the heart and soul of a successful company. ”Chipotle is a company based on integrity. Integrity is about being real and being honest. It means doing the right thing even when no one is watching. These values permeate the way we do, and do not do, business. You are expected to use good judgment, adhere to high ethical standards, and avoid situations that create an actual or perceived conflict between your personal interests and those of Chipotle. Chipotle requires that the transactions you participate in are ethical and within the law...
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...Ethical and Socially Responsive Business Activities Ethical and Socially Responsive Business Morisha Mack Business- 100 Professor Lizzie M. Lewis-Clemons September 2, 2013 Code of Conduct There are many high standards and principles that a business must set in order to be and remain successful. Many companies outline their expectations in a code of conduct. A code of conduct is a document written by a company that defines the ethical standards of the organization and gives employees information on how to handle situations within the organization. It is not only important that a business writes a code of conduct, but it is imperative that the principles are carried out by everyone within the business from the CEO to the employees. “While the primary goal of all businesses is to be profitable, they must also promote ethical and social responsibility throughout their organizations and their corresponding customer and supplier networks.”(Kelly, McGowen &Williams).(2013) Chipotle Mexican Grills’ Code of Conduct Chipotle has a code of conduct that assures its ongoing success. Some of the key components are its Vision Statement and its Anti-Discrimination and Harassment Policies. An organizations’ vision statement expresses its values as well as frameworks operating procedures. Chipotles code of conduct begins with its vision statement and is based primarily on Integrity. “Chipotle is a company based on Integrity. Integrity is about...
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...Ethical and Socially Responsive Business Ethics and social responsibility are important areas within Chipotle Mexican Grill’s business. Both areas have an interactive relationship that plays a role in building profitable businesses as well as a well-rounded community. Ethics refer to sets of beliefs about right and wrong; and business ethics involve the application of these issues in the workplace. The universal ethical standards, which involve trustworthiness, respect, responsibility, fairness, caring, and citizenship, are standards that apply to all people and should definitely be held high within the workplace. Social Responsibility is the obligation of a business to contribute to society. Chipotle’s social responsibility affects employees, customers, investors, the community, and the environment. Chipotle Mexican Grill opened in 1993 by a man named Steve Ells. The mission of the company is putting a focus on food with integrity, great service, and teamwork within their many restaurants. The opening statement of Chipotle’s Code of Conduct is as follows, “Chipotle is committed to the highest standards of integrity in all of our activities and compliance with both the letter and spirit of the law. We expect that you will reflect these standards in your day-to-day dealings on our behalf. This Code of Conduct is for all employees, Officers, and all members of the Board of Directors. It is a guide to ethical behavior” ("Code of conduct"). All staff members at Chipotle...
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...Ethical Conduct Ethical and Socially Responsive Business Kenyetta Keys BUS 100 - Intro to Business Professor Gillian Martin December 15, 2013 Ethics by definition, according to BUSN Introduction to Business, refers to sets of beliefs about right and wrong good and bad. Ethics are the basic concepts and fundamental principles of decent human conduct. Ethics include universal values such as equality of all men and women, human or natural rights, obeying the laws, concern for health and safety, and the environment. Business ethics involve the application of these issues in the workplace. Social responsibility, again according to BUSN Introduction to Business, is the obligation of a business to contribute to society. Being socially responsible means that people and businesses must behave ethically and with sensitivity toward social, cultural, economic and environmental issues. Social responsibility is the obligation of a business towards the welfare and interests of the society in which it operates. This paper will describe key areas of the Chipotle’s code of conduct that are of significant importance to the business, explain key steps that should be taken to ensure that employees follow the code of conduct, and suggest ways in which the restaurant can engage in socially responsive activities in the community within which it operates. Let’s start off with some background information about the restaurant. Chipotle...
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...A Conceptual Model of Corporate Moral Development Author(s): R. Eric Reidenbach and Donald P. Robin Source: Journal of Business Ethics, Vol. 10, No. 4 (Apr., 1991), pp. 273-284 Published by: Springer Stable URL: http://www.jstor.org/stable/25058230 . Accessed: 16/09/2013 07:44 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . Springer is collaborating with JSTOR to digitize, preserve and extend access to Journal of Business Ethics. http://www.jstor.org This content downloaded from 202.125.103.33 on Mon, 16 Sep 2013 07:44:13 AM All use subject to JSTOR Terms and Conditions Conceptual Model Moral Development A of Corporate Donald R EricReidenbach P. Robin ABSTRACT: The conceptual model presented in this article argues that corporations exhibit specific behaviors that signal development. Accordingly, the authors identify five levels of moral development and discuss the that move corporations dynamics of corporate behavior another. Examples tive of of moral stages specific development from which...
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...technology, changes in customer preferences, and the business environment. Instead, they use their current successes to continue to build a competitive advantage for the future, constantly seeking new ways to remain flexible, innovative, efficient, and responsive to their customers. One of the most important ways of accomplishing this is to make sure that their organization structures and systems remain adaptable. A business must always be prepared to meet the complex and ever-changing challenges that managers and their organizations constantly confront. Boeing like many other companies has to use innovations in design and manufacturing as well as a focus on quality and other vital factors in the development of airplanes. Not long ago Boeing was in turmoil in the aftermath of the 9/11 terrorists attacks. (Bateman & Snell 2009) Boeing suffered turnover in their executive ranks that caused uncertainty coupled with their chief rival European-based Airbus surpassing them in annual sales, Boeing decided it was time to make some changes. The Boeing Company business has many members including employees, managers, chief executive officer James McNerney, and the board of directors. Boeing periodically reviews the Company's corporate governance principles and current practices. According to (Boeing, 2008), The Board and the corporate officers recognize that the long term interests for the company are advanced when they are responsive to the concerns of communities, customers, employees...
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...significant importance to the business. Next, I will explain the key steps that Chipotle should take to ensure that employees follow the code of conduct. Finally, I will suggest three ways in which Chipotle can engage in socially responsive activities in the community within which it operates. Keywords: code of conduct, business, community Describe key areas of the selected company's code of conduct that are of significant importance to the business, and explain why. Within every company, CEOs take on numerous responsibilities to ensure that their business or company is successful. According to Stever Robbins, “The CEO’s second duty is building culture” (Robbins, 1999). Since many companies embrace diversity, CEOs must ensure that all employees follow and understand the company’s code of conduct which in turn becomes part of the company’s culture. Ethics, values, integrity are usually presented within these codes of conduct. Each section of a company’s code of conduct policy addresses all rules and any issues that an employee may have. As the CEO of Chipotle Mexican Grill, I take pride in our company’s code of conduct. At Chipotle, our seniors and employees strive to be compliant with our code of conduct policy. There are key areas of Chipotle’s code of conduct that are of significant importance to this business. These areas include professionalism, Chipotle’s Ethics and Conflicts of Interest Policy, ethical communications, outside business activities/investments, electronic...
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...Week Ten: Assignment Two- Code of Ethics Student Professor: Business 100 September 3rd, 2015 My name is Taylor Marie Elmer and I am the chief executive officer (CEO) of a chain restaurant called The Cheesecake Factory. Within each restaurant, board members and employees are expected to abide by the policies and procedures that are clearly written out in the document named Code of Ethics and Code of Business Conduct. We established a Code of Ethics for the employees knowledge of wrongdoings and promoting. It is each employees responsibility to read and understand the Code of Ethics to keep employment at The Cheesecake Factory. 1. Key Areas- Paragraph One As the CEO of this restaurant is it my responsibility that the employees read and understand the text written in the Code of Ethics to maintain a flourishing and profitable restaurant. They’re many things to consider when determining the most significant key areas of the Code of Ethics. First of all, in section two part A of the Code of Conduct we point out that within our restaurant we “encourage a relationship of trust, loyalty, honesty and responsibility among staff members at all levels”. For any organization or establishment to run smoothly there must be a change of respect throughout. I personally feel as though no employee should feel lower than any other, including me the CEO. There is a saying that goes “A bad manager can take a good staff and destroy it, causing the best employees to flee and remainder to...
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...Ethical and Socially Responsive Business Chipotle Restaurant Marilynn Dukes BUS 100 Professor Donna Kilgore Ly September 14, 2014 Ethical and Socially Responsive Business Chipotle Restaurant Many organizations have been destroyed or seriously damaged because of ethics. As the CEO of Chipotle Restaurants and because of recent terminations of a few employees, I want to point out some key areas of our code of conduct that are of significant importance to our business and to our success in the industry. As you read this content, take time to absorb and understand why adhering to our code of conduct is important to the business. I want you to memorize the key steps [outlined below] that this company will take to ensure every employee follow the code of conduct of Chipotle Restaurant. Protection and Use of Company Assets Company property is just that, company property. It is not your personal property and therefore, should not be used for non-Chipotle business purposes. It is both illegal and unethical to burn CD’s to sell to your co-workers while at work. Such behavior puts Chipotle and its employees in jeopardy of lawsuits and criminal prosecution, as well as damage to our image and reputation. Chipotle is a for-profit company, and anyone engaging in illegal activities impacts that profitability. Policy Regarding Employee Treatment of Customers and Suppliers We recently had a company picnic where we invited some key customers and suppliers to enjoy good food...
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