Ethical Practices and Compliance with Code of Ethics in the Acme Laboratories Ltd.

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E THICAL P RACTICES AND C OMPLIANCE WITH C ODE OF E THICS IN THE ACME L ABORATORIES L TD .

ETHICAL PRACTICES AND COMPLIANCE WITH CODE OF ETHICS IN THE ACME LABORATORIES LTD. Course: Managing People at Work Course No: H501

Submitted to Mr. Neaz Ahmed Professor IBA, University of Dhaka

Submitted by Zahra Maryam (Roll-08) Tasmima Kashem (Roll-09) A T M Shafayatul Islam (Roll-25)

Institute of Business Administration, University of Dhaka
December 31, 2012

Letter of Transmittal December 31, 2012

Mr. Neaz Ahmed Professor Institute of Business Administration University of Dhaka

Dear Sir: We are submitting the report titled, “Ethical practices and compliance with code of ethics in The ACME Laboratories Ltd.”. This report has been prepared to fulfill the partial requirements of the course, “Managing People at work”. The primary objective of this report is to describe the current scenario of ethical practice and implementation in work place in the reputed organization in our country. This report encompasses a detailed discussion about the importance of ethical practice and maintenance of compliance with it by both management and employees. This report has enabled us to gain a better understanding of practicing ethical rules in the organization and how the employees are complying with it. We also learned about the management strategy to make the employees well-adjusted with the „Code of Ethics‟, their process of implementation and necessary steps to maintain the discipline. Thank you for the opportunity to work on this report.

Sincerely,

_____________ Zahra Maryam (Roll: 08)

_________________ Tasmima Kashem (Roll: 09)

______________________ A T M Shafayatul Islam (Roll: 25)

Batch: MBA 47D Institute of Business Administration University of Dhaka

Acknowledgement This report is done only as a requirement of the course „Managing People at Work‟. The content of the company survey and company findings is completely confidential and is not serving any purpose other than study material. This report was prepared under the direct observation and monitoring of our honorable teacher and course instructor Mr. Neaz Ahmed, Professor, Institute of Business Administration, University of Dhaka. His consistent observation, strong criticism and tireless mentoring during the preparation of this report was unforgettable. We got the complete guidence and help from Mr. Neaz Ahmed which helped us a lot to enrich our knowledge in practical scenario. We are very grateful to him. We also want to express our gratitude to the HR department of The Acme Laboratories Ltd. They provided us with all the support we needed. Finally, we want to thank all our classmates for their contribution in making the common questionnaire.

Table of Contents
Executive Summary .................................................................................................................. ix 1.0. 1.1. 1.2. Introduction ......................................................................................................................1 Background...................................................................................................................1 Objective ......................................................................................................................1 Broad Objective .....................................................................................................1 Specific Objective ..................................................................................................1

1.2.1. 1.2.2. 1.3. 1.4. 1.5.

Scope ............................................................................................................................2 Limitations ....................................................................................................................2 Methodology.................................................................................................................2...
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