Ethical and Socially Responsive Business
Instructor: Prof. JOHN KELL
Introduction to Business BUS 100
Suleyman Sal Denden
March 16, 2014
Describe key areas of the selected company’s code of conduct that are of significant importance to the business, and explain why.
The first question we should ask ourselves “what is ethics?” I think ethics are a collection of principles and practices that a business believes in, statements and more specific policies about conduct to give employees, partners, vendors, and outsiders an idea of what the corporation stands for and how it’s staff should conduct themselves .
The Cheesecake Factory was established in the 1940s by Oscar and Evelyn Overton. In 1972 they open their first business store to Los Angeles, CA known as the Cheesecake Factory. Now The Cheesecake Factory has over 170 locations around the world.
Having such a large corporation like Cheesecake Factory brings a lot of ethical and business problems when it comes to having such a large stores and staff. We should always remember that everyone has their own set of moral ethics that they live by at tend to take those same ethics to the work place. When writing a code of ethics it is important that these will cover every staff member from the top of the corporation to the lowest lever employee. Key areas that are of significant importance to The Cheesecake Factory start with the general standards of conduct in how all its employees will be treated by fellow employees and by management. The standards deals the basic values that we all have, with the expectation of building trust, loyalty, honesty, respect, and a high level of professionalism within the company.
The cheesecake Factory has an established code of ethical conduct that is an essential factor in maintaining a proper balance in the human aspect of ethics
References: 1. (March 16, 2004) The Cheesecake Factory Incorporated. Amended and Restated Code of Ethics for Executive Officers, Senior Financial Officers, and Directors. Retrieved from: http://investors.thecheesecakefactory.com/phoenix.zhtml?c=109258&p=irol-govconduct. 2. (January 2001) C.B. And R.L. “The Legal Environment of Business: Text and Cases: Ethical Regulatory, Global, and Corporate Issues.” Cengage Learning, 8th edition. 3. (January 2012) Ferrell, O.C. And John Fraedrich. “Business Ethics: Ethical Decision Making & Cases.” Cengage Learning, 9th edition.