Eth 316 Company Code of Ethics - 1035 Words

Company Code of Ethics Company Code of Ethics Wal-Mart was started over fifty years ago in Arkansas and within those fifty years has emerged into the largest retailer in the world. Wal-Mart operates in many countries with thousands of stores and millions of employees. One reason for Wal-Mart’s is the value and hard work they put into upholding their code of ethics. Wal-Mart has three basic beliefs – respect for the individual, service to their customers, and striving for excellence. Of the five key elements that I believe are key foundations for the ethics and character for the company, three come from their basic beliefs. The five key elements of Wal-Mart’s code of conduct are – respect, service to customers, striving for†¦show more content†¦By demanding that all associates lead with integrity in the workplace this means fewer problems for employees or customers. Integrity helps to cover issues dealing with bribery, relationships between employees, and financial integrity. Some social benefits to integrity and honesty are that Wal-Mart reports their financial information without trying to disclose their personal information. This also helps Wal-Mart to make better business choices with accurate financial information. Wal-Mart also believes in free and open trade and will not accept any types of bribes in our country or abroad. This ensures that even overseas Wal-Mart is continuing to remain ethical and fair with trade. Wal-Mart complies with all laws both in the United States and out of the country. Each company should have a code of ethics and I think their code of ethics should be in plain view or easy for associates to locate. This is important because employees should know what is most important to each company as far as their ethics are considered. Associates are always trained how to do the physical aspects of their job. However many associates are not aware of what their company’s ethical and social responsibilities are. Having a code of conduct makes employees more aware and accountable of how they should behave and conduct themselves as representatives of their organization. If aShow MoreRelatedOrganizational Ethics697 Words   |  3 PagesOrganizational Ethics Jessie Banks ETH/316 October 27, 2014 Mario Madrid Organizational Ethics Business policies and practices regarding potentially controversial issues are part of organizational ethics. These ethics are often guided by the law; most business uses ethics in order to be accepted by the public or to have a successful business. Ethical principles can address organizational issues which help the organization to follow good practices within their organization or company. I am partRead MoreEssay on Uop Ethics/316 Week 5 Cross Cultural Perspectives1340 Words   |  6 PagesCross Cultural Perspectives Brian K ETH/316 December 21, 2012 Cross Cultural Perspectives Ethics are the product of a society’s culture so it is natural there will be different responses to similar ethical scenarios. Beekum, Stedam, and Yamamura (2003) suggest these differing conclusions will lead to conflict where one side perceives the outcome is ethical whereas the other does not. Another possible outcome is that one side may not even see a decision even being morally significantRead MoreGreystone Bakery Eth316 Essay1178 Words   |  5 PagesA Successful Social Enterprise ETH/316 A Successful Social Enterprise Ethical issues can strengthen both people and the community. Businesses in the community will generate a much more loyal following if they behave in an ethical manner with regard to the community. In this paper I will describe the ethical issues and how those issues may be used in organizational and personal issues, and the association between legal and ethical issues shown in the film, Greyston Bakery. The bakery has operatedRead MoreMedicare Policy Analysis447966 Words   |  1792 PagesInsurance Exchange Subtitle B—Public Health Insurance Option Subtitle C—Individual Affordability Credits TITLE IV—SHARED RESPONSIBILITY Subtitle A—Individual Responsibility Subtitle B—Employer Responsibility TITLE V—AMENDMENTS TO INTERNAL REVENUE CODE OF 1986 Subtitle A—Shared Responsibility Subtitle B—Credit for Small Business Employee Health Coverage Expenses Subtitle C—Disclosures To Carry Out Health Insurance Exchange Subsidies Subtitle D—Other Revenue Provisions rmajette on DSK29S0YB1PROD