Wal Mart's Statement Of Ethics

1716 WordsDec 12, 20147 Pages
Property Principle The property principle is based on the belief that every employee should respect property as well as the rights of the owner’s property (Stanwick & Stanwick, 2009). It is also the employee 's responsibility to prohibit any misappropriation of company funds or proprietary information (Stanwick & Stanwick, 2009). Wal-Mart’s Statement of Ethics has a specific section dedicated to protecting personal and business information. In the daily business of a Wal-Mart associated they may be exposed to personal and business information about other coworkers, customers, suppliers and the company. Associates are expected to protect the information in accordance to the best practice standards and applicable laws ("Wal-Mart Statement of Ethics", 2008). Trade secrets of the company, as well as, suppliers are also considered under the Statement of Ethics. Reliability Principle The reliability principle is based on the belief that it is the employee 's responsibility to honor the commitments they have made to the company (Stanwick & Stanwick, 2009). As with most corporations, Wal-Mart has developed policies that insure employees fulfill contracts and carry out agreed upon work duties decreasing dependency on other associates. “Leading with Integrity,” is a large section within Wal-Mart’s Statement of Ethics that lays out the expectations of Wal-Mart Associates. Sub sections include: alcohol & drugs, harassment, and inappropriate conduct. These sections lay out the

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