The Code Of Ethics : The Star Financial And Tax Solutions Company Essay

Company employees must be careful that their conduct cannot rationally be construed as a bribe or other inappropriate enticement to perform a business act or improperly influence the recipient.

A code of ethics is a vital for any business, because if breaches of ethics accrue it can put companies in serious trouble with consumers, other organizations or government authorities. Making a code of ethics helps decision-making easier at all levels of an organization by reducing doubt and considerations of individual viewpoint in ethical standards.

A code of ethics is important because it provides individuals within a group, organization, club or society with a set of rules, standards and guidelines to operate within. When employees don't have a code of ethics, they could engage in less-than-socially acceptable behavior. This can establish a bad reputation for an organization.

A code of ethics is a formal document in which is used to assist members of an organization, to know what’s ‘right’ and what is ‘wrong’ in the work place and applying it to their decisions. A code of ethics is a written set of rules or guidelines to help the workers and management ‘conduct’ or direct their actions with its primary values and ethical standards. A code of ethics is important because without it, employees and management wouldn’t have guidelines and the establishment would resemble a crazy house. Consider the establishment, Dunkin Donuts. Dunkin Donuts is a food establishment well-known for their famous donuts, coffee and their slogan “America runs on Dunkin”. Without a code of ethics, the industry would most likely be

4. All employees will be honest and responsible in their work, speech, and all communications, including personal and organizational finances, never seeking special favors, or borrowing from other employees or from those doing business with this organization.

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.”

A code of ethics is defined as a set of principles, values, beliefs, and rules that define the conduct of a person. This helps a person to determine the correct behaviors that should be expressed in every moment of his/her life as well as analyze what is good or bad in present. Practice the code of ethics is important in all situations because the moral is implicit in everything we do. Hence, the importance of making sure that what you do is right. In the article “How to Write a Personal Code of Ethics?” shows the importance of dedicate time to do a Code of ethics about us. This is because develop a code of ethics is not harder as too many people belief, but because it requires a lot of thinking. There is explain the importance of follow four

The guide of a company which dictates what happens / how things are governed in a setting and how they are expected to work / the manner that they must act in accordance to the ethics, and principles and values. It is based on a childcare practitioner:

Another important factor to consider is if each of the organization's employees is being treated fairly. An organization should ensure that they create and follow a code of ethics in which employees feel that both the employee and the employer are held accountable and encouraged to be ethical in treatment to one another. This translates as a feeling by employees that the employer trusts them in their jobs and professions and that all employees are treated fairly and justly in all actions and company pursuits. This means that each employee should be treated

Suncorp Group Limited was formed in 1996 through the “merging of three of Queensland’s largest financial institutions (Suncorp, Metway Bank and Queensland Industry Development Corporation)”. Suncorp was now become “one of the top 20 ASX listed companies with $96 billion in assets” (“History of Suncorp”, 2016) and streamlined its services into 5 core sectors, being personal insurance, commercial insurance, Vero New Zealand, Suncorp Bank and Suncorp life, due to significant structural changes in 2010. The company holds the strategic mission to “deepen relationships with customers through our portfolio of market-leading brands while benefiting from the efficiencies of scale achievable as a large organisation.” (“Who we are”, Suncorp, 2016).

A code of ethics highlights the responsibility and accountability standards of each and every employee within the organization. These codes are also motivating factors that guide the employees’ behavior, set the standard regarding ethical conduct, and build an organizations trustworthiness within

The code of ethics and conduct is a written set of rules and regulations that provides guidance to employees of an organization on how to conduct themselves and carry out their duties in line with the organization’s principles. The code of ethics and conduct is also be backed up by suitable disciplinary actions. A code of ethics and conducts helps employees deal with ethical issues and other gray areas that they face as they execute their daily activities. An effective code of ethics and conduct is required for an organization to run smoothly and maintain a positive image. Having an ineffective code of ethics and conduct is almost like having none.

A code of ethics is a set of written principles regarding conduct and behavior created by the organization to serve as a guide. The purpose of ethical codes is to give its employees, management, and any interested party a reference point that adheres to company policy, standards, and ethical beliefs. The code is made visible to the public to ensure professional integrity, quality, and to prevent misguided conduct. Regardless of the organization or governing body a code serves as a go-to guide because ethical issues can stem from anywhere at any given time. The Code of Ethics for Nurses is so dynamic because as technology changes, so does the code to ensure that updated knowledge is provided to healthcare workers as they address new ethical

When working in an organization, it is usually important to establish professional ethics while following consistent ethical principles. Professional ethics are personal and corporate standards of behavior that are set by businesses, associations, and organization. It creates an institution that reflects our own values and make us feel more confident about what is an acceptable behavior and what is not. This type of ethic could vary depending on the various types of situations, professions, and personal values. Many professionals that are trusted by the public like doctors, accountants, engineers and even an information technologist all have a Code of Ethics, which sets out expectations of the member’s behavior and how they operate internally and externally.

By focusing on commitment to service and quality, Star Software has effectively implemented a niche differentiation strategy in a somewhat diverse marketplace. Its ability to differentiate its product has contributed to superior annual returns. Its target market consists of