Raytheon Code Of Ethics Case Study
Introduction
In this paper, I will discuss a new business venture, evaluate how effective the Raytheon Code of Ethics, determine three critical clauses in the Raytheon Code of Ethics, provide two additional ethics provisions and explain my reasoning for them.
New Business Venture My company would be in the products business. We handle various types of products anywhere from office supplies to office equipment. We sell furniture, office supplies, various forms of paper goods, printing supplies, and offer printing solutions. We are currently a register GSA Advantage Vendor so all government agencies can shop online for supplies.
Evaluate the Raytheon Code of Ethics
According to the Raytheon Code of Ethics, it does cover a lot of great …show more content…
Again this is another way to keep things simple from the CEO to the supervisors to the employees of the company and to the shareholders if they wanted to read this. This entire document would work for my company.
Critical Clauses in the Raytheon Code of Ethics
According to the Raytheon Code of Ethics everything, in my opinion, is very crucial, but the most meaningful parts that I see and is definitely the most weighty would be the statements for employees to seek their supervisor, ethics officer, and or legal counsel for the Raytheon company. By using the three main points of contacts for any situations that an employee will need to gain advice and counsel from will protect the company currently and in the future. This keeps things simple and also keeps everyone in check so no one will make any mistakes that can cost Raytheon.
Provide two additional ethics …show more content…
For an example, when you are negotiating prices for current and future clients you need to document your thought process and what was said. So if the client calls your office to settle on price, but you are out of the office on vacation your peers and supervisor need to be able to read your notes to see the negotiated price that you have already settled on. If you do not execute this then you could possibly charge the wrong price since you did not yield valuable notes. Or even worst you could lose the client because they are tired of dealing with too numerous people that have different prices every time the speak to them. In my opinion, that would be a big deal
In this paper, I will discuss a new business venture, evaluate how effective the Raytheon Code of Ethics, determine three critical clauses in the Raytheon Code of Ethics, provide two additional ethics provisions and explain my reasoning for them.
New Business Venture My company would be in the products business. We handle various types of products anywhere from office supplies to office equipment. We sell furniture, office supplies, various forms of paper goods, printing supplies, and offer printing solutions. We are currently a register GSA Advantage Vendor so all government agencies can shop online for supplies.
Evaluate the Raytheon Code of Ethics
According to the Raytheon Code of Ethics, it does cover a lot of great …show more content…
Again this is another way to keep things simple from the CEO to the supervisors to the employees of the company and to the shareholders if they wanted to read this. This entire document would work for my company.
Critical Clauses in the Raytheon Code of Ethics
According to the Raytheon Code of Ethics everything, in my opinion, is very crucial, but the most meaningful parts that I see and is definitely the most weighty would be the statements for employees to seek their supervisor, ethics officer, and or legal counsel for the Raytheon company. By using the three main points of contacts for any situations that an employee will need to gain advice and counsel from will protect the company currently and in the future. This keeps things simple and also keeps everyone in check so no one will make any mistakes that can cost Raytheon.
Provide two additional ethics …show more content…
For an example, when you are negotiating prices for current and future clients you need to document your thought process and what was said. So if the client calls your office to settle on price, but you are out of the office on vacation your peers and supervisor need to be able to read your notes to see the negotiated price that you have already settled on. If you do not execute this then you could possibly charge the wrong price since you did not yield valuable notes. Or even worst you could lose the client because they are tired of dealing with too numerous people that have different prices every time the speak to them. In my opinion, that would be a big deal