...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 Machella McConico Sherry Williams BUS100: Introduction to Business March 13, 2016 The Cheesecake Factory has many important areas when it comes to their “Code of Ethics”. Each one plays a major and important role when it comes to making sure that the company is following all the important and legal requirements. This essay will describe the many areas that are important in a restaurant making sure that the employers and staff are always careful and following the “Code of Ethics”. The Cheesecake Factory has many important areas but we are going to focus on the major and important ones. These are as followed: * Protection of the Companies Confidential Information * General Standard of Conduct * Supervisors * Protection and Use of Company Assets When following the “Code of Ethics” the Protection of Companies Confidential Information is very important. You have to make sure that all employers and employees can trust you with their information and documents. (Cheese Cake Factory Incorporated,2006). Being able to keep the company’s assets and other important information safe is a big deal. Being able to believe in the staff that you hire is a big requirement. You have to make sure that your staff is always on top of things and making sure that the job gets done. General Standard of Conduct talks about that, you have to have loyalty, honesty and responsibility when it comes to picking the right staff for your company. When...
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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 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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...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 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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...Assignment 2: Ethical Socially Responsive Business Felicia White Professor Porter BUS 100-Introduction To Business December 13, 2015 Ruby Tuesday, Inc.’s “RTI or the Company” vision is to provide great value to guest and a great working environment for our team members. In keeping with this vision, the Company has adopted this Code of Business Conduct and Ethics. They take pride in honest, integrity, and ethical behavior. Ethical behavior goes beyond the basics. Your actions can be legal but still unethical. Conflicts of Interest is important area in RTI code of conduct. All situations that might lead to a real or apparent material conflict between your self-interest and your duties and responsibilities as an employee must be avoided. For an example, causing company to engage in business transactions with friends or relatives compete with the Company while still employed by the Company. Nepotism and Fraternization is also important aspect in the Company’s code of conduct. Dating or other personal involvement of romantic nature between a manager and team member he or she directly or indirectly supervises. Also having personal outside relationship with team members directly and indirectly in a manager’s line of supervision or whose terms and conditions of employment as pay increases and promotions that be affected by manager. These kinds of relationship can result in charges of sexual harassment, discrimination, and favoritism. Lastly, Confidentiality and Privacy...
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...Assignment II: Ethical and Socially Responsive Business Robert Downs Dr. Bassam Hamdan, Ph.D. BUS 100 December 14, 2014 As CEO of the Cheesecake Factory, I would like to talk about the most valuable asset that this company has: OUR PEOPLE! In our code of ethics part two paragraph: A, states: “Our Company encourages a relationship of trust, loyalty, honesty and responsibility among staff members at all levels. We believe that all staff members deserve to be treated with dignity and respect. We are committed to celebrating the diversity of our workforce and our guest, and respecting each staff member as we work together to achieve excellence in our business.” Without our customers, we cannot survive. Without our customers, we cannot be successful. This is why we invest in our people. This means our employees as well as our community. This is why a code of conduct was constructed. Our desire is for these principles to not only be shared in our restaurants, but across the world. We not only teach these principles, we live them as well. We teach and live these principles beginning with the onboarding process on through until the employee leaves the organization. Our mission is for all employees to continue the push of these principles throughout their entire lives. We accomplish this through two key principles; I. We do this through our company culture. II. We have a zero tolerance policy when it comes to not following this code of conduct. III. We have a compliance department...
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...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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...Assignment 4: Ethical and Socially Responsive Business Tiffany Williamson Strayer University BUS/100 08/27/2013 DR. Crawford Ethical and Socially Responsive Business The Cheese Cake Factory is one of the restaurants I chose to evaluate when it comes to the code of ethical conduct. The code of ethical conduct is very important when it comes to running a business. In order for the business to be successful they must carefully address problems and behaviors within the company that might affect the business. The code of conduct is very important when it comes to the human aspect of the business. For the company to remain successful they must follow and implement employees to follow the code of conduct. The code of conduct is a key aspect when it comes to running a business. The Cheese Cake Factory Code of Ethics informs their directors, executives, financial officers, and employees the laws and ethics to abide by within the company. A key aspect of the Cheese Cake Factory’s code of ethics and business conduct is using common sense and having a good sense of judgment. This company implements how important good judgment and common sense is to staff members when it comes to the best interest of the company. They expect staff members to make the best decisions that will have a greater impact on the business. The company requires all staff members to behave in an appropriate and professional manner. It is important to the company that the staff’s behavior reflects the...
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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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...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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...Ethical a Socially Responsible Business 1. Describe key areas of the selected company’s code of conduct that are of significant importance to the business, and explain why. Ethical and social responsibility of a company are critical to the integrity of the organization and how the community at large views and supports the organization. As stated by Kelly, McGowen, & Williams, 2014, Ethics is about standards of beliefs regarding right and wrong, good and bad and business ethics is how this is applied in the workplace. In business, ethics is directed towards the conduct of individual employees of the organization with regard to their daily behavior. However, Social Responsibility is the organizations obligation to contribute to the great good of society. Chipolte has specific polic in their code of conduct that specifically address holders, who are As a Service Representative working with customers on a daily basis for Enterprise Rent-A-Car, sustaining effective communications with our customers and my co-workers is essential in accomplishing and maintaining my daily work activities, 2) Explain the steps that the company should take to ensure that employees follow the code of conduct. The communication was effective and valued; the customer was contacted, informed, apologized to about the reservation issue and was supported with future service that will be completely satisfied. It provides the management team detailed understanding and awareness that there was...
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...Ethical and Socially Responsive Business Damon Worsham Professor Jeremy Smith BUS June 11, 2015 As CEO of the Cheesecake Factory, I would like to speak to you about the most valuable asset to our company, and that is our people. It is stated in our code of ethics, Part II, Paragraph A; “Our Company encourages a relationship of trust, loyalty, honesty, and responsibility among staff members at all levels. We believe that all staff members deserve to be treated with dignity and respect. We are committed to celebrating the diversity of our workforce and our guests, and respecting each staff member as we work together to achieve excellence in our business” (Cheesecake, 2006). The Cheesecake Factory was recognized by FORTUNE for 96% of its employees stating that they felt proud to tell others that they worked at this organization. , Furthermore, highlighting the company's stature and community impact as vital sources of pride (BusinessWire, 2015). Key Areas of the Selected Company’s Code of Conduct that are of Significant Importance to the Business The standards part of the Cheesecake Factory’s code of conduct is important because it sets the legal expectations for the company and its members. Furthermore, this part provides guidance on how the company’s officers, directors, as well as the employee interact, both vertically and horizontally within the organization. In essence, this part forms the core element of code of conduct that ensures that honesty is an ethical standard...
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...based upon the foundation that everyone within in the organization, as I mentioned above, is responsible for and expected to foster a collaborative environment that is driven by mutual respect for one another. The other important section I would like to discuss is that of the Cheesecake Factory’s Standards within the code of conduct. I find this to be of the upmost importance because it sets forth the legal expectations for the entire company and its members. In detail it provides guidance on how the company’s officers, directors, and each individual employee interact within the organization. This portion of the code helps establish the core element that we want everyone to walk away with a mutual understanding that honesty is an ethical standard within the organization. This helps clients feel confident that they are receiving the highest quality of services from our entire company. Explain the key steps that the company should take to ensure that employees follow the code of conduct. The most important step to ensure that employees follow the code of conduct...
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