...Unit IV Assessment: The Code of Ethics and Evaluation By, Adepitan Fasoro, Columbia Southern University, USA MBA 6301: Business Ethics 1. Fasco Group Inc. Code of Ethics and Evaluation is a written document that states the Group acceptable and unacceptable behaviors expected from all Group employees. 2. This code of Ethics represent the values and ethics with which Fasco Group Inc. conducts business and will continue to uphold the highest levels of business Ethics in all our business dealings. Fasco Group Inc. Code of Ethics encompasses all aspects of our business, including: Human resources, Production, Sales, Customer services, Purchasing, and Accounting. It also addressed the company’s ethical standards, what is expected from `every employees of Fasco Group Inc. which includes: Good communication, Honesty and Integrity, Fair Conduct, Compliance with rules and regulations, obeying all applicable laws, reporting violations, Competence and others. A. Human Resources: i. Fasco Group Inc. shall give equal employment opportunity to all applicants ii. Fairness in training, Promotion and disciplinary of all employees. B. Production: i. All Group employees must ensure that production function or activities are damaging to the final consumers or society. ii. Remove any defective product and service from going into circulation. C. Sales and Marketing: i. Unhealthy rivalry with competitors which might leads to any unethical conduct shall...
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...evaluate a potential marketing action. It can be used to identify market opportunities and problems. Marketing research can also be used as a measuring stick to see how a company stacks up against the competition (Burns & Bush, 2012). Marketing research is used to added value to the bottom in most companies. Sometimes issues related to ethics come into play with marketing research. Information may be used inappropriately to gain an advantage in an industry or for personal gain. There have been professional organizations established to deal with the ethical behavior associated with marketing research. One such organization is the Council of American Survey Research (CASRO). It has established a code of standards and ethics for survey research. The purpose of this paper is to look at some of the ethical issues involved in marketing research from the CASRO code of standards and ethics. CASRO was founded in 1975. There are over 300 companies and marketing research operations worldwide who are members. All members of the CASRO have to follow the Code of Standards and Ethics for Survey Research. This code is highly regarded in the industry. The code has four main sections all related to the responsibilities involving issues that relate to ethical conduct that may arise during...
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...CASRO Code of Standards and Ethics DBA student Natasha Johnson There are four main responsibilities in the CASRO Code if Standards and Ethics: Responsibilities to Respondents, Responsibilities to Clients, Responsibilities in Reporting to Clients and the Public, and Responsibilities to Outside Contractors and Interviewers. The CASRO Code of Standards and Ethics This Code of Standards and Ethics for Survey Research sets forth the agreed-upon rules of ethical conduct for survey research organizations. Acceptance of this Code is mandatory for all CASRO members. The Code has been organized into sections describing the responsibilities of a survey research organization to Respondents, Clients and Outside Contractors and in reporting study results. This Code is not intended to be, nor should it be, an immutable document. Circumstances may arise that are not covered by this Code or that may call for modification of some aspect of this Code. The Standards Committee and the Board of Directors of CASRO will evaluate these circumstances as they arise and, if appropriate, revise the Code. The Code, therefore, is a living document that seeks to be responsive to the changing world of survey research. To continue to be contemporary, CASRO advocates ongoing, two-way communication with Members, Respondents, Clients, Outside Contractors, Consultants and Interviewers. I. Responsibilities to Respondents Preamble Researchers have professional and legal responsibilities...
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...Journal of Business Ethics (2007) 75:273–284 DOI 10.1007/s10551-006-9252-9 Ó Springer 2007 Cultural Values and International Differences Bert Scholtens Lammertjan Dam in Business Ethics ABSTRACT. We analyze ethical policies of firms in industrialized countries and try to find out whether culture is a factor that plays a significant role in explaining country differences. We look into the firm’s human rights policy, its governance of bribery and corruption, and the comprehensiveness, implementation and communication of its codes of ethics. We use a dataset on ethical policies of almost 2,700 firms in 24 countries. We find that there are significant differences among ethical policies of firms headquartered in different countries. When we associate these ethical policies with Hofstede’s cultural indicators, we find that individualism and uncertainty avoidance are positively associated with a firm’s ethical policies, whereas masculinity and power distance are negatively related to these policies. KEYWORDS: business ethics, codes of ethics, cultural values JEL: G300, L210, M140 Introduction Are there differences with respect to the ethical policies of firms that are headquartered in different countries? And are there differences among firms that belong to different industries? Chryssides and Bert Scholtens received his Ph.D. at the Universtiy of Amsterdam. Since 1999 he has been working at the Department of Finance of the University of Groningen, the Netherlands. His research...
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...CODE OF ETHICS - FORMAL REPORT FINAL DRAFT Kaven L. Snyder ENGL216 Professor Kimberly Calderon 4 February 2013 TABLE OF CONTENTS Abstract ……………………………………………………………………………….....… 3 Introduction ……………………………………………………………………………….....… 4 Discussion …………………………………………………………………….……...…. 5 - 10 Recommendations ………………………………………………………………………... 11 - 12 Conclusion ………………………………………………………………………………...… 13 Appendix ……………………………………………………………………………..……. 14 References ………………………………………………………………………………..…. 15 ABSTRACT The purpose of this report is to inform the Chief of Human Resources Officer that the company’s Code of Ethics is outdated and no longer compliant with the current laws and policies. Since it was created many years ago; the information listed on the document are based on the old policies from when the company’s Code of Ethics was originally implemented years ago. I recommend that the document be reviewed and updated. This can be accomplished by reviewing the industry’s standard and other company’s policies; as well as checking with current laws to ensure we are compliant. Furthermore, we will need to ensure every employee reads and understands the new Code of Ethics information prior to implementation. Once the information has been circulated; each employee will be required to sign an Acknowledgement Form stating that they are aware of the new Code of Ethics policy. The Acknowledgement Form will then be filed in their personal folder for our records. INTRODUCTION Snyder...
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...Verizon Ethics Privacy Policy Tyler Moore IFSM 304 Professor Dr Fundaburk 10/6/2013 Verizon Ethics Policy 1. Overview The purpose for this ethics policy is to establish ground rules for maintaining ethic standards when it comes to privacy. Each person is responsible for his/her influence in other people’s privacy. All employees should familiarize themselves with the ethics guidelines that follow this introduction. Verizon is determined to protect the privacy and confidentiality of its customers, employees, and partners. By Verizon taking a stand to safeguard ethical rights, it will better help grow and mature business. Verizon will not tolerate anyone who violates this policy, whether it is intentionally or unintentionally. Verizon will punish those involved if the ethical code is broken. Any infractions of this code of ethics will not be tolerated. 2. Purpose The purpose of publishing this policy is to see that the ethical rights of each person are maintained, specifically confidentiality, equality, and respect for people. 3. Scope This policy applies to customers, employees, contractors, consultants, temporaries, and partners of Verizon, including all personnel affiliated with third parties. 4. Policy 5.1. Executive Commitment to Ethics 5.2.1. The leaders at Verizon must set the best example possible for its employees. 5.2.2. Executives must keep an open mind and encourage employees to suggest new...
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...UNIFORM CODE OF PHARMACEUTICAL MARKETING PRACTICES The Indian Pharmaceutical Industry is one of the most rapidly growing science based industries in terms of remarkable capabilities in both the manufacture and technology. India being among one of the five pharmaceutical emerging markets has an average annual growth of 8-9 percent with an approximate worth of $ 4.5 billion. With more new drug launches, new drug applications, phase II clinical trials taking place this year the growth can be expected to be 13-14 percent in the future. Considering the rise in the pharmaceutical sector and to bring about uniformity in the marketing of these drugs, a Code has been introduced by the Department of Pharmaceuticals (DoP), Government of India. This code named as Uniform Code of Pharmaceutical Marketing Practices (UCPMP) was introduced on December 12, 2014 and became effective from January 01, 2015. UCPMP initially set to be a voluntary code for the Pharmaceutical Industries was then decided to be made as statutory Code when DoP was urged by the Organization of Pharmaceutical Producers of India (OPPI). UCPMP is expected to facilitate good marketing practices, increased levels of transparency and accountability across healthcare industry and remove ambiguity on all aspects of marketing by the pharmaceutical industries. The code covers various parameters like the general points to be followed by the industry, claims and comparisons related to other products, textual and audiovisual...
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...Education, Okpoama, Brass Island, P.M.B. 74 Yenagoa, Nigeria 1 Abstract: The study investigates the ethical compliance by the accountant on the quality of financial reporting and performance of quoted companies in Nigeria. Five hypotheses guided the study. The sample for the study which was twenty companies from five sectors quoted in the Nigerian Stock Exchange. They were systematically and purposively selected from the number of quoted companies in the exchange. A five point scale questionnaire was used with items on ethical issues on organizational financial reporting and performance. Data was analyzed using descriptive statistical tools and Spearman Rank Order Correlation Coefficient. Findings suggest that the compliance by the accountant positively and significantly affect the quality of financial reports and performance of organizations. The conclusion drawn from the findings is that the compliance by the accountant on professional ethics of integrity, objectivity, honesty, compliance and accountability will improve the quality of financial reports and the performance of organizations. Based on the findings, some recommendations were made, among which are that organizations should establish a position for ethics officers in Nigerian organizations; creation of non-threatening environment for the discussion of ethical problems and co-operation...
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...APRIL 25, 2015 MGMT 204 CRN: 34272 Current Human Relations Challenge: Organizational Ethics Ethics is the moral standard of right and wrong behavior (Lussier, 2013, pg. 72). Organization as defined by Lussier is “a group of people working to achieve one or more objectives” (Lussier, 2013, pg. 457). Organizational ethics is code of conduct for businesses. In this paper, three different ethics studies, from the Business Journal of Ethics, are examined. They are “Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence,” “The Corporate Ethical Virtues Scale: Factorial Invariance Across Organizational Samples,” and “When Organizations Don’t Walk Their Talk: A Cross-Level Examination of How Decoupling Formal Ethics Programs Affects Organizational Members.” Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence” This article, written by Hafsi and Turgut, is a study of the relationship between boardroom diversity and corporate social performance. They compare diversity in boards (encompassing director’s gender, ethnicity, age, experience and tenure) and diversity of boards (consisting of board size, director independence, director stock ownership, and board leadership duality) and incorporate that into the effects of corporate social performance (CSP). They state that boardroom diversity affects organizational performance created the need for Sarbanes-Oxley act of 2002 (Hafsi et...
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...An Analysis of Personal Ethics and Decision Making University of Phoenix COM 526: Managerial Communication Group MIAA0CWRK6 Barbara Nagle, MA August 11, 2008 An Analysis of Personal Ethics and Decision Making I am running late to work. I have a meeting scheduled with senior management at the start of the business day to propose a new project. The project will generate new revenue for the organization. I am two blocks from the office, and the meeting starts in five minutes. As I approach an intersection, I see the traffic light change from green to yellow. Two cars in front of me pass through the traffic light while it is yellow. I know I will not be able to traverse the intersection before the traffic light changes to red. No other vehicles appear to be crossing the intersection. What do I do? What would you do? Every day one faces decisions resembling the one presented in one’s personal and professional lives. Often one has little or no time to deliberate the alternatives. How does one analyze the available choices and make a decision? What guides the decisions? – Personal ethics. Ethics can be described as a set of values that guide individual or group conduct. One’s “set of values” is derived from one’s personal experience, one’s culture, and one’s workplace (Taft, 2007). Thus, personal, cultural, and organizational values influence one’s decision making process. Types of Values Personal values originate from one’s background...
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...| Ethics Paper Nestlé Infant Formula Prepared by Mohammad Ul Haque Id:0147217 MG660- Strategic Marketing Prepared for Professor Jorge Zavala-Vinces 1. If you had been an executive with Nestlé, would you have changed your marketing approach after the boycotts began? Nestlé’s marketing tactics in promoting the use of infant formula in Third World countries wasn’t moral. Nestlé was not acting within the boundaries of moral standards. Every corporation must understand and realize the corporate ethics and responsibilities they should have. The problem was that Nestlé used unqualified sales girls, the distribution of free samples, marketed to people who were incapable to fulfil the minimum requirements for giving formula safely to the baby, and the association of bottle-feeding with healthy babies to promote the use of infant formula to mothers who would have been better off breast-feeding their babies. The first Nestlé boycott in 1977 led by Infant Formula Action Coalition (INFACT) had a large impact on Nestlé’s revenues. Their products were boycotted in the U.S. to end the promotion of infant formula. This was a small part of the major problem which is to improve total infant nutrition throughout the Third World that must be resolved on a global basis if the health of babies in the developing nations is to be improved. If I had been an executive with Nestlé, I would have changed the marketing approach after the boycotts began...
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...COVER SHEET Vee, C. and Skitmore, R.M. (2003) Professional ethics in the construction industry. Engineering Construction and Architectural Management 10(2):pp. 117-127. Copyright 2003 Emerald. Accessed from: http://eprints.qut.edu.au/archive/00004119 PROFESSIONAL ETHICS IN THE CONSTRUCTION INDUSTRY Charles Vee and Martin Skitmore School of Construction Management and Property Queensland University of Technology Gardens Point Brisbane Q4001 Australia For Engineering, Construction and Architectural Management Corresponding Author: Professor Martin Skitmore School of Construction Management and Property Queensland University of Technology Gardens Point Brisbane Q4001 Australia 14 June 2002 (version 2) PROFESSIONAL ETHICS IN THE CONSTRUCTION INDUSTRY ABSTRACT The results are provided of a small, but reprersentative, questionnaire survey of typical project managers, architects and building contractors concerning their views and experiences on a range of ethical issues surrounding construction industry activities. Most (90%) subscribed to a professional Code of Ethics and many (45%) had an Ethical Code of Conduct in their employing organisations, with the majority (84%) considering good ethical practice to be an important organisational goal. 93% of the respondents agreed that “Business Ethics” should be driven or governed by “Personal Ethics”, with 84% of respondents stating that a balance of both the requirements of the client and the impact on the public should...
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...The Cheesecake Factory Code of Conduct Veronica Linton Strayer University Professor Izzeldin Bakhit Intro to business 09/06/2014 Abstract The Overall Code of Ethics for any Cheese Cake Factory employee whether you are an executive officer, senior financial officer, director or a staff member will always have a productive influence on the company’s ability to have continued success. It is very vital that the business upholds the correct standards and ethics for each department with regard to keeping the respect for our employees and our faithful patrons. This material will explain the areas of our code of conduct that are important to our business with emphasis on why it should be significant to our business. We will also go in detail of how our business can make sure that our employees follow the rules that are put into action. Finally The Cheese Cake Factory will also be more visible in our communities with inspiring more activities for our patrons which will be done in a socially receptive way. The Cheesecake Factory Code of Conduct The Code of ethics in which our company enforces has a high priority for keeping our company successful with maintaining the respect of our employees and keeping our exceptional customers happy. We place a high regard in our managers to making an outstanding effort to keep honesty along fair business practices in mind for the company. We make every effort to deter the wrong doing of employees with striving for continuous promotions...
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...The Importance Of Corporate Ethics and Values: Building a Sustainable Strategy Model for Effective Implementation of Good Corporate Governance within a State-Owned Enterprise in South Africa. A Research Study Presented to the Graduate school of Business Leadership University of South Africa In Fulfillment of the Requirements for the MASTERS DEGREE IN BUSINESS LEADERSHIP UNIVERSITY OF SOUTH AFRICA Prepared by Lazarus Docter Mokoena (called Bonga) [Student No: 0555-418-7] Tel: 011-217 1187 (Work); 011-679 5486 (Home) Cell: 082 466 6896 SUPERVISOR: PROFESSOR M.H. CROSBIE FINAL RESEARCH REPORT November 2005 TABLE OF CONTENTS EXECUTIVE SUMMARY ............................................................................. 4 CHAPTER 1 ............................................................................................... 8 1. 1.1 1.2 1.3 1.4 1.5 1.6 INTRODUCTION................................................................................. 8 ESKOM’s COMPANY BACKGROUND ................................................ 8 ESKOM’s BUSINESS CONDUCT POLICY .......................................10 PURPOSE OF THE RESEARCH .......................................................12 PROBLEM STATEMENT .................................................................14 IMPORTANCE AND BENEFITS OF STUDY .....................................17 RESEARCH PROPOSITIONS AND HYPOTHESIS ...........................18 1.6.1 Propositions ...................................
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...Writing for Students FREE SAMPLE ESSAYS, RESEARCH PAPER EXAMPLES, TERM PAPERS, EXAMPLE DISSERTATIONS, WRITING TIPS AND WRITING GUIDELINES FOR HIGH SCHOOL, COLLEGE AND UNIVERSITY STUDENTS. HERE YOU CAN ALSO FIND INFORMATION ABOUT CUSTOM WRITING SERVICES AT WHICH YOU CAN BUY CUSTOM WRITTEN PAPERS ONLINE. FRIDAY, FEBRUARY 19, 2010 Essay on Business Ethics http://writing4students.blogspot.inhttp://writing4students.blogspot.in Essay on Business Ethics Business ethics represents all the principles and standards that guide behaviour in the world of business. Therefore, all this set of principles applies in any of the fields of business (marketing, finance…) and people inevitably face ethical decisions in their every day working lives. The aim is to make every employee adhere to these standards because obviously, it is more profitable for a company to be ethical in business. But, as ethical issues are linked to decision-making, how can all decisions be ethical and above all whose responsibility is it? Therefore, we could wonder if business ethics is a personal responsibility or a group responsibility. We are going to divide this essay into two parts, the thesis and the antithesis, in order to determine whether or not business ethics is a personal responsibility. We can write a custom essay on Business Ethics for you! Values are very important as they are the core of our culture. However, people tend to separate ethics in business and in personal life even if both are...
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