General Electric Co.: Code Of Ethics In Government Contracting

Many individuals in the contemporary society have trouble directing all of their efforts toward the wellbeing of the institution they work in. These people find it difficult to refrain from performing unethical acts as long as they know they can profit from the enterprise and that they are unlikely to get caught performing these respective acts. The person in the "A Story on Outside Business" video obviously has no problems with using government property with the purpose of achieving her personal goals. As a public administrator, an individual needs to make decisions that reflect on the institution he or she works in and thus has to put across ethical thinking in order to be able to perform his or her job with little to no hindrances.

Hershey’s Mission Statement noted here, (Social- Responsibility/Marketplace) “Bringing sweet moments of Hershey happiness to the world every day,” Provides the focus of all operations within the Hershey’s Company. Although Hershey’s mission statement provides a simple goal that encompasses acknowledgment of global market share with the sweet moments of happiness provided in every aspect of Hershey’s daily

Government contracting is a lucrative industry, both large and small management and technology consulting firms along with defense, aerospace and other companies who bill themselves as "experts" in various different areas complete for billions of dollars in government contracts each year. The benefit of the federal government leveraging the skills and expertise is great; but there is also a downside. Ethical violations can and have occurred within the government contracting arena. This paper will discuss a case that demonstrates ethical violations in government contracting as well as answer the question of how ethical violations in government contracting affect the role of contracting management acquisition.

Per the text, Adams states that ethics in government contracting requires maintaining integrity in the procurement of products and services from private contractors. From the e-Activity, select two (2) components of Subpart 3.10—Contractor Code of Business Ethics and Conduct that interest you the most. Next, evaluate the level of necessity of these components that you have selected in

All business must be conducted in the best interest of Given Company. Employees are not allowed to accept unsolicited gifts, favors, discounts, entertainment, and/or kickbacks, from any person or institution conducting business (active or future) with Given Company. All business activity must fall within the scope of routine business. Any activity that is for personal gain, personal motive, or would impair an employee’s judgment is strictly prohibited. Employees are expected to report any and all gifts, favors, discount, and/or entertainment as per company policy and regular business reporting practices set forth by the company.

I am currently employed as a nursing supervisor at the Department of Veterans Affairs (VA). As a U.S. government agency, the foundation for the VA’s ethical code lies within laws and regulations passed by Congress. Specifically, federal ethical regulations outlined in the Standards of Ethic Conduct for Employees of the Executive Branch apply to employees of the Department of Veterans Affairs (U.S. Office of Government Ethics, 2016). This document contains fourteen general ethical principles that federal employees are expected to follow, and most of these revolve around the obligation that federal employees have to place the public good ahead of personal gain. Aside from these general federal regulations regarding ethical conduct, the VA also

Wal-Mart was started over fifty years ago in Arkansas and within those fifty years has emerged into the largest retailer in the world. Wal-Mart operates in many countries with thousands of stores and millions of employees. One reason for Wal-Mart’s is the value and hard work they put into upholding their code of ethics. Wal-Mart has three basic beliefs – respect for the individual, service to their customers, and striving for excellence. Of the five key elements that I believe are key foundations for the ethics and character for the company, three come from their basic beliefs. The five key elements of Wal-Mart’s code of conduct are – respect, service to customers, striving for

Federal Employee Fourteen Code of Ethics Principles These fourteen codes are guidelines to provide a direct outline of the ethical rules established for all federal employee. They represent the standards of ethical conduct that all employees should know and follow. Enduring Aspects of High Moral Standards

The code of ethics for Fine and Dandy Co. outlines the ethical and moral foundations that govern decisions and behavior within the company. It gives general outlines of how employees should behave, as well as specific guidelines for handling issues such as inclusion and upholding the law. All employees at Fine and Dandy Co. shall uphold and implement these standards while performing their tasks as stated in the Code of Ethics.

13. Does the company have an ethical code under which it operates? What is it?

Company X believes in upholding and maintaining the highest level of ethical behaviors and complying with all federal, state and local laws. This Ethical Program Policy is to clarify and ensure consistency of all standards of Company X. All employees are important contributors to the success of our company. We expect all of our employees to adhere to the Ethics Program as outlined in the employee handbook and in this policy.

When it comes to conducting research, you would need to find which way would be best to inform the customers on the issue that’s presented. You would need to have basic information on how much money this will cost the customer and how cost effective this will be. Research should be done to find out what the city leaders have done unethically and if these individuals should still be employed within the company.

As seen in the YouTube presentation, John violates the company ethics policy and is horrified to see his wrongdoings on the front page of newspapers. The wrongdoings involved falsifying expense reports, accepting free tickets, telling racy jokes, and using business for personal gains. These actions are unethical and are against accounting and business standards. The Gap Code of Business Code and the AICPA Code of Professional Conduct are two texts that show, from a business perspective and accounting perspective, that these actions are not tolerated.

Ethics is the basic standard of right or wrong which is practiced in our everyday lives be it professional or personal, it helps individuals to control their actions. Organizations have a mission statement which identifies their company value. These values are used as a guide in decisions making when faced with problems and determining the outcome. After reviewing Eli Lily and Company organizational ethical code for financial management, it appears to be very thorough and touches most if not all of the main points that a company should display as their code of conduct. The principles listed were acting in confidence, complying with rules and regulations, promoting ethical

Business ethics is a very extensive subject that is not easy to define. According to Andrew Crane and Dirk Matten (2004: 5), business ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed. With an increasing globalization, environmental and social issues have amplified and therefore companies have to take full responsibility for the wrong impact their actions have. Gap pays a lot of attention to the social issues and challenges that large companies face, although it had some ethical issues in the past.