Toys R Us Code Of Ethics Essay
Running head: CODE OF ETHICS
1
Code of Ethics
Western Governors University
CODE OF ETHICS
2
Code of Ethics
The company must do business ethically to remain competitive in today’s society.
We must do the right thing to minimize the exposure of the company to litigation and damage to our reputation. The company’s image affects all involved and we must protect our employees, customers, and investors.
The company must have the goal of upholding ethical principles and realize the profit margin is secondary. Why is this important? Our company sells toys to children.
Does our company want to rationalize to our employees, customers, and investors why a product we produced injured an innocent consumer with devastating long-term …show more content…
Codes that are effective promote fundamental principles and values. The code will include all the
CODE OF ETHICS
4
critical elements that are fundamental to the company’s values as in the Toys R’ Us Code of Ethics.
Codes of Conduct
Codes of Conduct often stand-alone. However, they can be supplemented within a Code of Ethics manual, as Toys R’ Us has done. Our company needs to establish what conduct will not be acceptable within our company. Certain conduct cannot be engaged in during work time hours and within the actual work place. Employees must have knowledge of what is acceptable and what is not. As with Toys R’ Us, our company should set up a toll free telephone number to allow for reporting of violations in our code of conduct and ethics.
Communicating the Code
There are many ways to get the information about the Code of Ethics out to the employees. However, to just post the Code of Ethics on a wall is the absolute wrong way. This can cause more harm than having no code at all. Codes do not implement themselves, thus just printing the code out on paper and hanging it up does not mean it is implemented. The employees must have education on the development of the
1
Code of Ethics
Western Governors University
CODE OF ETHICS
2
Code of Ethics
The company must do business ethically to remain competitive in today’s society.
We must do the right thing to minimize the exposure of the company to litigation and damage to our reputation. The company’s image affects all involved and we must protect our employees, customers, and investors.
The company must have the goal of upholding ethical principles and realize the profit margin is secondary. Why is this important? Our company sells toys to children.
Does our company want to rationalize to our employees, customers, and investors why a product we produced injured an innocent consumer with devastating long-term …show more content…
Codes that are effective promote fundamental principles and values. The code will include all the
CODE OF ETHICS
4
critical elements that are fundamental to the company’s values as in the Toys R’ Us Code of Ethics.
Codes of Conduct
Codes of Conduct often stand-alone. However, they can be supplemented within a Code of Ethics manual, as Toys R’ Us has done. Our company needs to establish what conduct will not be acceptable within our company. Certain conduct cannot be engaged in during work time hours and within the actual work place. Employees must have knowledge of what is acceptable and what is not. As with Toys R’ Us, our company should set up a toll free telephone number to allow for reporting of violations in our code of conduct and ethics.
Communicating the Code
There are many ways to get the information about the Code of Ethics out to the employees. However, to just post the Code of Ethics on a wall is the absolute wrong way. This can cause more harm than having no code at all. Codes do not implement themselves, thus just printing the code out on paper and hanging it up does not mean it is implemented. The employees must have education on the development of the