Organizational Ethics Policies
Concordia University
*
Evaluations
An ethics policy, or code of ethics, is provided in most organizations. A code of ethics provides the groundwork of proper guidelines for an organization. This document outlines how the individuals within the business will interact with one another as well as customers and others that may have business with the organization. The ethics policy consists of core values and general principles that will assist employees in their dealings with others.
Evaluation of the ethics policies of ten different organizations has shown varied lengths and different styles of corporate governance. However, by appraising several ethics policies; the establishments’ which seemingly have nothing to do with one another show that there are several comparable core values held amongst all ten organizations.
The organizations that have been considered include Supervalu, Wal-Mart, The American Heart Association, Mercury News, The Edelman Financial Group, Marvin Windows & Doors, The Chatsworth Township Library, Cedars Sinai, Exxon Mobil and The Coca-Cola Company.
Each of the above organization’s ethics policies speak to the stakeholders by providing general rules of which they must adhere or that they must utilize to make the best decisions for each particular circumstance.
Members such as employees, owners, suppliers, and government agencies can make an impact or be affected by the organizations actions and intentions. However, not all stakeholder participants are equal. “A company’s customers are entitled to fair trading practices but they are not entitled to the same consideration as the company’s employees.” (Business Dictionary, 2012).
The code of ethics may be utilized by stakeholders to guide their own dealings with other stakeholders within the organization as well as to clarify who to properly achieve intended outcomes.
Compare and Contrast
Comparisons
References: Business Dictionary. (2012). Stakeholder. BusinessDictionary.com. Retrieved from http://www.businessdictionary.com/definition/stakeholder.html Supervalu. (2012). Code of Ethics. Supervalu.com. Retrieved from http://www.supervalu.com/sv-webapp/downloads/corp_gov/code-of-ethics.pdf American Heart Association. (2012). Ethics Policy. Heart.org. Retrieved from http://www.heart.org/HEARTORG/General/Ethics-Policy_UCM_300430_Article.jsp Mercury News. (2012). Ethics Policy. MercuryNews.com. Retrieved from http://www.mercurynews.com/ethics-policy Chatsworth Township Library. (2008). Ethics Policy. ChatsworthTwpLibrary.com. Retrieved from http://chatsworthtwplibrary.com/Policies%20&%20ByLaws/Ethics%20Policy.htm Exxon Mobil. (2012). Ethics. ExxonMobil.com. Retrieved from http://www.exxonmobil.com/Corporate/investor_governance_ethics.aspx