Preview

ORGANIZATIONAL ETHICS POLICIES

Better Essays
Open Document
Open Document
1165 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
ORGANIZATIONAL ETHICS POLICIES
ORGANIZATIONAL ETHICS POLICIES
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

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The basic objectives and standards of the code of ethics states that every employee will apply principled conduct toward each business associate, customer, and vendor. The code further states that when providing the products and services to the customers, every employee must follow the laws and regulations of the ethical code with integrity and respect. The purpose for the code is to assist each employee in complying with the advanced principles that the management team and board of directors designed and approved. The code also identifies how to comply with the applicable laws and regulations.…

    • 252 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Each business should have a framework for ensuring ethical behavior. The structure, format, and scope of codes vary depending on the company’s business. An oil company's code, for example, would probably have different criteria and emphases than a healthcare provider's code of ethics. Sometimes, codes of ethics are called by other names, such as an employee code of conduct. A code of ethics, though, should be differentiated from standard good operating practices.…

    • 655 Words
    • 3 Pages
    Good Essays
  • Better Essays

    An ethical organization is not only best for the people it serves but also best for the organization. Being able to describe the organization is key to helping others understand what it is that the employees are trying to accomplish. A mission statement helps to keep the ideals or the organization in mind, as well as establishing what target population they would help. A values statement help the organization to communicate its moral side with potential clients and others. A code of ethics helps the organization’s personal to know what is and what is not acceptable within the workplace and outside of it but while representing the organization. An organizational culture needs to be determined for the organization and the community around it to know what is expected and accepted from the organization, in terms of cultural needs.…

    • 1868 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Mgt 498 Ethics Paper

    • 737 Words
    • 3 Pages

    The role of ethics and social responsibility aids organizations in developing a strong strategic plan, while addressing the needs of stakeholders. Ethics and social responsibility require social awareness to address the needs of the environment and to increase the knowledge of employees, which will lead to a corporation focused on supplying the customer with what is needed, managers equipped with solid decision-making abilities, and employees who believe that he or she are an asset to the business. It is the executive manager’s responsibility to establish a clear vision for the corporation and place a specific focus on understanding stakeholder’s needs. In an effort to support these requirements agendas and regulations will be developed to maintain and enforce business ethics within the organization. It is vital for an organization to establish a firm code of ethics for employees and managers to agree and adhere to equality within the organization.…

    • 737 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Omm 640

    • 2882 Words
    • 12 Pages

    Business organizations often develop several different policies, rules and guidelines for governing their operations. While home-based or sole proprietorship businesses usually require fewer policies, larger organizations use these guidelines to manage employee behavior. A code of ethics is a common organizational policy used in business organizations. The code of ethics policy usually sets the minimum standards for business owners, managers and employees to follow when completing various business functions.…

    • 2882 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    When a person works in any type of business or organization they are required to show certain standards in their work and have a set of morals in which they conduct themselves by. This is often referred to in business as a code of ethics. A code of ethics is a set of principles which are designed to help people conduct business with honesty and integrity ("Code of Ethics", 2013). In most companies their code of ethics involves their mission, vision, values, and purpose for the organization. The code of ethics also represents the organizations core values and ethical principles in which each employee should uphold. These same standards and beliefs are shared in many…

    • 667 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Codes of ethics and codes of conduct set out the relevant standards to guide performance. These code help ensure that the organisation is effective, open and accountable. A code of ethics defines the fundamental principles. For example, respect, honesty, compassion and accountability. Also it provides a general guidance in terms of ethical and moral responsibility.…

    • 1238 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Upholding ethical standards in organizations is important to it success stakeholders should uphold moral and ethical standard when implementing polices to ensure they are doing for the public they serve. Having self-interest leads to mistrust from communities which in turn hinders program performance the public interest is what makes any organization successful sticking to the mission and vision ensures community organizations are providing services that align with a code of ethics and drives…

    • 1095 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Ethical Policies are made to construct respectable reputation. Ethical Policies helps your company to do business with other companies because of your honesty and how you do business within your company.…

    • 1029 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Rulemaking is the making, altering, or rejecting and nullifying of rules that are used by government agencies after congress permitted statutes. These statutes are additionally called regulations. The creation of regulations begins in congress where they are the prerequisites for the creation of the agencies that are involved or as a capacity of an agency office, and not by the executive part of the government. The laws begin with a lawmaking act of…

    • 74 Words
    • 1 Page
    Good Essays
  • Good Essays

    The code of ethics is adopted by organizations to assist members in understanding the difference between 'right' and 'wrong' and in applying that understanding to their decisions. An effective code of ethics should also help to delineate the proper procedures to determine whether a violation of the code of ethics has occurred and, if so, what remedies should be imposed. After reviewing the company’s code of ethics, we found that it has well established the concept of business ethics and the company’s objective, and also several kinds of encouragement to promote the ethical business behavior effectively. The company’s code of ethics, however, is not practical enough for implementation as the content is too general and vague, and there are not enough guidelines and regulations to help the staff to detect or solve the ethical issues.…

    • 829 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Miss

    • 1975 Words
    • 8 Pages

    For example, customers of the business are entitled to fair trading practices but they are not entitled to the same consideration as the company employees. Stakeholders can affect or be affected by the organisations actions, objectives and policies.…

    • 1975 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Ethics defines the standards and principles of conduct that directs an individual or organization’s behavior. It generally deals with the issues relating to morals. My development ethically was largely influenced by my teachers and parents (people I’ve encountered growing up). The ethics will be beneficial in my studies and professional career.. Individuals and organization can pursue their goals more effectively through ethics. The progression of any organization can owe their success or potential for it to the ethical code of conduct followed or to be followed by their…

    • 1194 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    According to Mosby’s dictionary of medicine, nursing and health profession, “code of ethic is a statement encompassing the set of rules based on values and standard of conducts to which practitioners of a profession are expected to conform” (Mosby, 2006). In other words, code of ethics means accountability and responsibility in individuals, professionals and corporate entities.…

    • 1008 Words
    • 5 Pages
    Powerful Essays

Related Topics