Essay about Review of Caterpillars Code of Ethics

Rae and Wong (2012) profiled Costco as a company which creates wealth for shareholders and value for customers while compensating employees well and treating suppliers fairly. Even though Costco facing critiques of operating more like Walmart with reduced wages and less benefits, the company stands strong in their desire to treat everyone involved with the company fairly (Rae & Wong, 2012). As CEO of Costco, Jim Sinegal, noted in serving employees that honesty and performing what is right cannot be the sole responsibility of management and everyone must comprehend what the rules are everyone should be mortified id Costco and its people do not behave as they are expected (Rae & Wong, 2012). Essentially, Sinegal relies on values and integrity throughout the ranks with servant leadership to perform appropriately and calls on anyone to report and object to anyone acting

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.”

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At Company X, it is our upmost desire to comply with rules and laws pertaining to our business, and to hold our values at a spectacular level. Our company values include responsibility, equality, honesty, confidentiality, respect, and integrity. These values are the building block of our company, and should be followed by all employees, management, and any persons associated with our business. By adhering to the code of conduct, our work environment will be comfortable and reliable, and will help avoid unethical behavior.

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,

There has been no change to Apple Code of Conduct policy since 2014 when Apple started taking previous audit scores into consideration and conduct detailed risk assessments with suppliers who had not been audited in the past before awarding the new business. In 2014, we reviewed 459 suppliers, and factored their responsibility performance into our decisions. This engagement has allowed Apple to address over 700 findings related to labor standards, worker safety, permits, environmental hazards, and chemical management before production began (Apple

The Starbucks’ code of conduct clearly illustrate its missions and conduct. They use rhetoric in clear words choice to attract people’s attention. Starbucks especially emphasize its social responsibility to be good neighbors in the community. They have been participating in a lot of community involvement. Also, Starbucks focuses on the workplace environment, such as diversity. Starbucks has been doing very well on social responsibility in the workplace environment as they are committed to on the code of conduct; however, they have not been doing very well on environment protection and fair competition.

Over the years the name Caterpillar, Inc. also referred to as CAT is considered to be the largest supplier of construction, mining equipment, gas engines, gas turbines and diesel engines in the world. The company has been conducting business worldwide for over 85 years. As of 2011, the sales and revenues of Caterpillar Inc., counted at about $60.138 billion. Caterpillar Tractor Company, Inc. is part of Caterpillar. However, regardless of all the achievements made by Caterpillar, Inc., the firm has a number of ethical issues which it has got to address. Several issues deal more with the nature of products offered by the company as compared to anything company itself has done. Caterpillar, Inc. is facing a lawsuit caused by product safety issues (West, 1976).

These steps in chapter eight would help Chantel to develop objectives and processes need for a strong codes of conduct and compliance programs. These objectives and processes could be used to determine a mission statement that outlines butterfly industries values and culture, which will be reflected within the codes of values. These objectives and processes would give Chantel a clear outline of ethics benefits or a method of adjustment to the codes of conducts if the benefits do not react desirable levels of conduct. The same methodology could be used to develop a compliance programs with chapter eight’s steps and benefits of a compliance programs. That gives a clear compliance functions and benefits, which allows Chantel to set a clear guideline

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

In November 1997, Mattel announced the creation of a global code of conduct for its production facilities and contract manufacturers. Called the Global Manufacturing Principles (GMP), the code covered such issues as wages and hours, child labor, forced labor, discrimination, freedom of association, legal and ethical business practices, product safety and product quality, protection of the environment, and respect for local cultures, values, and traditions. This process led to the development of more than 200 specific standards. They define the compliance parameters for each principle and cover all aspects of manufacturing operations; environment health and safety standards; worker hiring and training; working conditions; working hours, performance bonuses, wages, and overtime; conditions in dormitories and recreational facilities; and non-job-related skill enhancement programs. The China document alone is 60 pages long. Similar compliance documents were prepared for 20 other countries where Mattel had operations. These documents are continuously revised in light of changes in local labor and environmental laws.

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.

The 7-Eleven family prides itself in providing customers with consistently reliable and high quality service, an aim that has helped our brand expand to providing convenience to 18 countries in the world. The vision of 7-Eleven Australia is to become an excellent Australian company that upholds the values of FAIR (Fairness, Accountability, Integrity and Respect) and we won't be able to achieve our goal without the help of franchisees and employees like yourself. This Code of Conduct has been devised to help our staff better understand their responsibilities as representatives of 7-Eleven and provide guidance on how to uphold the FAIR values with our everyday behaviour at work.

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

This is a reminder from your CEO ; to all employees, Officers, and Members of the Board of Directors of the importance of adherence to the Code of Conduct that we have put in place here at Chipotle Mexican Grill. If you have not taken the time to go over the Code of Conduct personally, I ask that each of you take the time to do so as soon as possible. Although adherence to the Code of Conduct in its entirety is of the utmost importance; there are a few key areas that can have a significant impact on our business. I ask that you take extra care to make yourselves aware of these key areas and the ramifications that non-adherence to these particular areas can produce. These areas are as follows: