We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”
According to the textbook, ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and stiff competition among businesses. Imagine that you have been appointed as Apple’s Chief Compliance Officer and must prepare a video presentation for Apple’s suppliers regarding Apple’s Supplier Code of Conduct to deliver via a web meeting. To prepare for your presentation, review Apple’s Supplier Code of Conduct,
The report by Kingfisher (2006) states that B&Q sets out its code of conduct as the minimum standards for ethical business practice. The code of conduct applies to all companies controlled by Kingfisher plc which is B&Q’s parent company. That means all the suppliers of B&Q would need to meet the code of conduct through its supply chains. These codes provides practical advice about how the suppliers to meet the labour and basic environmental standards. It defines that all suppliers of Kingfisher must achieve in their factories or worksites in theirs joint supply chain. All its suppliers must be committed to (Kingfisher, 2013):
This investigation assesses to the direct effects by the 1919 British Mandate System on Palestine. Tis investigation will discuss the tensions between the Zionists and Arabs and what role the British played in the conflict. It will also discuss the overlying events during the mandate of Palestine. This investigation will not discuss the Mandate System as a whole or other parts of the world being affected by it. The investigation is solely focusing on the impact on Palestine by the British Mandate.
Code of conduct is a rule set by an organisational body for specific issues that become a standard practice for all who works in the organisation or represent themselves outside of the organisation, (Marinda, 2011). Code of conducts is devised by a legal framework that prevents contradictions and builds trust between workers, patients and visitors in all. However all the codes are very important and must be followed e.g., ethical principles, and legislations.
The code will direct all officers and employees while conducting company business to: obey all rules, regulations and laws, conduct themselves with honesty and integrity and to avoid all conflicts of interests with the company business, report to work in condition to work and be free from the influence of alcohol or drugs, respect the rights and deal fairly with all clients, keep honest and accurate records and reports of company information, respect the diversity of all and not engage in discrimination or harassment, preserve the confidentiality of all company information entrusted to them, maintain
Bengal and the Punjab congregations voted in favor of the allotment of their individual areas. Sindh Assembly and Baluchistan Jirga chose to pick Pakistan. A choice was held in the North West Frontier Province from sixth to seventeenth of July. Larger part of the voters were accounted for to have voted for Pakistan.
This key area is important to the Company because it provides a general overview of the level of respect that is expected to be upheld by all staff members. It clearly explains that staff is responsible and will be held accountable for complying with the rules and regulations set forth in the Code of Conduct as it pertains to this Company. The General Standards of Conduct holds both management and hourly staff to a universal level of standards ensuring that everyone be treated fairly.
Now that all of the work is done with the merger of UWEAR and PALEDENIM Tom Tramlin the company’s Chief Executive Officer (CEO) has one more thing he would like for me to do. He asked me if I could give him a provision of a good framework for their new code of conduct for the company in order build a new stronger company. Although, I had some ideas on what should be placed in the code of conduct he stated that he would like for the outline of it to cover the three policies that had been developed by me earlier when I was working with the company. However, he would also like for me to add the implementation of standards policies to the code of conduct as it is pertinent to the company’s success. Therefore, I will cover the issues that deal with
There are director code of conduct, supplier code of conduct, and standard of business conduct. Firstly, director code of conduct is about the members of the Board of Directors need to acknowledge and accept the scope of their duties as a directors. This code has been written in order to help directors meet high standards of professionalism and ethics. Besides, this code of conduct also provides guidance to the directors to manage the organization. Secondly, the supplier code of conduct is used to set clear guidelines for the suppliers understand about the McDonald’s target and expectations. The code have talk about human rights, environmental management, workplace environment, and business integrity. For example, in workplace environment, suppliers need to ensure that their workers are paid lawful wages including overtime, equal pay for equal work and also premium pay. All of supplier also need to ensure that they did not deduct their worker’s wages. So, from this code of conduct it show that McDonald’s really want to collaborate with the supplier who can give fully commitment and have a moral
Global code of business conduct: It is what the group call it “The Way We Work” and which is considered the group’s conscience(Rio Tinto annual report, 2012).Actually, this code is another global approach to business by consolidatingthe principles, standards and polices to form a mandatory reference for the group’s global operational structure and external parties (consultants-agents-contractors-suppliers). Through whichthe group ensures that its core values (accountability-respect-teamwork&integrity) are expressed and maintained while managing the economic, social and environmental challenges of its
For the most part the topics discussed in their code of conduct are fairly standard of the codes of conduct I have seen in the past and the section titles do a fairly good job of summarizing their content on their own. In short, their code of conduct instructs there employees to follow the laws/rules, avoid conflict of interest, do not commit insider trading, do not use company assets or information for you own personal benefit, don’t compete with the company, do not except bribes or inappropriate gifts, perform your work in a fair and honest fashion, don’t discriminate or harass, work safe and report accidents/hazards, don’t use or be under the influence of drugs at work, keep accurate records, don’t violate confidentiality, don’t steal company property, be careful to no damage company property, report violations, a guideline for making ethical decisions, and technical details concerning waivers and guidelines specifically for the CEO and senior financial officers.
Apple is committed to ensuring that working conditions in Apple’s supply chain are safe, that workers are treated with respect and dignity, and that manufacturing processes are environmentally responsible. Apple’s suppliers (“Suppliers”) are obligated, in all of their activities, to operate in full compliance with the laws, rules, and regulations of the countries in which they operate. This Supplier Code of Conduct (“Code”) goes further, drawing upon internationally recognized standards, in order to advance social and environmental responsibility. Apple requires that Suppliers implement this Code using the management systems described below. The Apple Supplier Code of Conduct is modeled on and contains
Organisational learning can be seen as the goal of knowledge management and may be obtained by good knowledge management strategies and processes. By motivating the creation, dissemination and application of knowledge, KM initiatives pay off by helping the organization embed knowledge into organisational processes so that it can continuously improve its practices and behaviours and pursue the achievement of its goals.
Codes of conduct are policies including rules such as maintaining honesty, attitude, and respect (Traveler, 2009) for co-workers, the organization and customers. Only by separation of personal ethical choices in the work place, will an organization succeed and flourish. It is never appropriate for any employee, management or otherwise, to conduct business for personal gain. The people who become harmed lose trust, confidence, and the expectation of themselves and of the people who chose to put their personal ethical choice before the needs of the customer and business.