Est1 Task 1 Essay

An employee should uphold the confidentiality of information assigned to them by the company and its customers, except when revelation of such information is authorized or required by applicable laws, rules or regulations. “Confidential information” includes all records, non-public information related to the company and its business, customers, or vendors that come to an employee in the course of carrying out the employee’s duties and that can be value to competitors or damaging to the company or its business if revealed.

Preparing for The Joint Commission, Nightingale Community Hospital reviews areas of compliance and non-compliance. A periodic performance review, which is a self-evaluation, is utilized by Nightingale Community Hospital, to prepare for The Joint Commission. The Joint Commission has eighteen accreditation requirements. (Commission, 2013) The periodic performance review found the hospital to be compliant and non- compliant in the following areas:

| The business itself does not retain any profits. 100% of profits remain with the owner and is considered personal income.

Companies find opportunities in product innovation by providing new products and services to customers. This keeps current customers interested in doing business with the company and has the potential to attract new customers. Sometimes this is done by creating new products, greatly changing an existing product or by just changing the way the current product is presented. Another form of product innovation is branding. By creating a more positive brand image a company can keep the interest of consumers.

Elasticity of demand is the relationship between the demands for a product with respect to its price. Generally, when the demand for a product is high, the price of the product decreases. When demand decreases, prices tend to climb. Products that exhibit the characteristics of elasticity of demand are usually cars, appliances and other luxury items. Items such as clothing, medicine and food are considered to be necessities. Essential items usually possess inelasticity of demand. When this occurs prices do not change significantly.

Participating in the food bank program would benefit Company Q in becoming a better corporate citizen. In areas of high poverty the food bank supplies a service to those unable to afford food. The food bank must rely on donations from local individuals and businesses to be able to serve the community. Company Q could provide food to the food bank that would normally go to waste. In an indirect way this could affect the crime-rates in certain parts of the city if theft was due to unaffordable goods such as food. The lack of trust in their employees reflects poorly on Company Q. With no prior evidence that this has or was happening these assumptions towards the workforce, a stakeholder, are unfounded. Company Q can easily rectify this situation by making a simple and easy to follow standard operating procedure that would make the food bank donations transparent and resolve any discrepancies that could arise between management and employees. Following this plan would benefit the community, workforce, and make Company Q a better corporate citizen.

Company Q is a small local grocery store chain that has a poor attitude toward social responsibility. After reviewing the given, I feel the chain is more committed to profit than social responsibility. Most companies are in a business to make a profit, however, the difference in what is considered reasonable and what is considered ridiculous comes into play. Most people start companies because it something they are interested in and to make a living. In today’s society the line between outright social responsibility

These are often for local newspaper ads. The downside to the supplier is that their competitor may also offer an advertising allowance and receive a more desirable location within the ad. This is something that would have to be clearly negotiated.

Take your time and if for any reason you are not happy with the activity, get advice and report your concerns to your manager.

1.) Information Confidentiality: As an employee, you will be exposed to client-sensitive as well as company-sensitive information that is to be viewed only by those who have the authority or permission to do so. Such information to be considered “confidential” includes business contracts, financial information, internal correspondence, and any and all documentation (electronic or paper-based) that is not authorized to be disclosed to the public. Disclosure of sensitive information will lead to immediate termination and possible charges/fines (depending on the severity of the violation) as is legal under state and federal law. Employees should not

Froedtert Hospital is Milwaukee, WI is a nationally ranked hospital that handles both common and complex health problems. Froedtert Health is nationally ranked in four different specialties as well as eight high performing specialties. Froedtert Hospital is also recognized as one of Wisconsin’s best places to work.

In any organization effective communication forms an essential part of the organization’s growth and progress. However, it has been seen that this is not always the case. This istrue in today’s globalized world when one has employees coming from different ethnic, cultural and religious backgrounds working together. If the reasons for communication failure are examined it has been found that they fall in four distinct categories. These are:

Offer- This is defined as a clear manifestation of willingness to enter an agreement made by another person with full understanding that their assent to the bargain is an invitation and is concluded.

An ethics department is vital to any company. The ethics department ensures that the policies, procedures, laws, and safety regulations are being followed. If an employee has a concern in any of the aforementioned areas, Company X asks that you speak to someone in the Human Resources department or call the employee hotline at 1-800-555-5555 to report any concerns anonymously.

In the past, businesses primarily concerned themselves with the economic results of their decisions. Company Q’s attitude toward social responsibility is more in line with the greedy shareholder model than that of the cooperating stakeholder model. The shareholder model ensures that the investors and owners get the lion’s share of the profits, whereas the stakeholder focuses on the feasibility of success to satisfy its stockholders. In this particular situation, the primary stakeholders are namely loyal customers, employees and the local