Preview

I Want to Help on My Essays

Powerful Essays
Open Document
Open Document
1581 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
I Want to Help on My Essays
QUESTION 1 A
INTRODUCTION
“The best and most successful organisations recognise that they will only prosper in the long term if they satisfy the aspirations of their stakeholders; including customers, suppliers, employees, local communities, investors, governments, public interest and environment groups. To satisfy this intense scrutiny and the demands for greater accountability in society, businesses and other organisations are increasingly recognising the need to measure, track and report on their social and ethical performance.”
'Ethics' in purchasing and supply management can relate to a wide range of issues from doubts about suppliers' business procedures and practices to corruption.
Decisions on ethics and corporate social responsibility are at the heart of corporate strategy. They particularly influence the purpose of the organisation. By ethics and corporate social responsibility is meant the standards and conduct that an organisation sets itself in its dealings within the organisation and outside with its environment.
Ethics is particularly concerned with the basic standards for the conduct of business affairs for example, policy with regard to honesty, health and safety and corrupt practice.
Corporate social responsibility has a wider remit to include the organisation’s responsibility beyond the minimum to its employees and those outside the organisation. Topics will vary with each organisation but may include environmental ‘green’ issues, treatment of employees and suppliers, charitable work and other matters related to the local or national community

not conforming to approved standards of social or professional behavior; "unethical business practices"

QUESTION 1 B
INTRODUCTION
The Chartered Institute of Management defines codes of ethics as a set of principles or values, used by organizations to steer the conduct of both the organization itself and its employees, in all their business activities, both internal and in relation to the

You May Also Find These Documents Helpful

  • Powerful Essays

    M&S AND RIVER ISLAND

    • 2821 Words
    • 12 Pages

    Ravi Raman, K. and Lipschutz, R. D. (2010) Corporate social responsibility. Basingstoke [England]: Palgrave Macmillan.…

    • 2821 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Mgt 498 Ethics Paper

    • 737 Words
    • 3 Pages

    The role of ethics and social responsibility aids organizations in developing a strong strategic plan, while addressing the needs of stakeholders. Ethics and social responsibility require social awareness to address the needs of the environment and to increase the knowledge of employees, which will lead to a corporation focused on supplying the customer with what is needed, managers equipped with solid decision-making abilities, and employees who believe that he or she are an asset to the business. It is the executive manager’s responsibility to establish a clear vision for the corporation and place a specific focus on understanding stakeholder’s needs. In an effort to support these requirements agendas and regulations will be developed to maintain and enforce business ethics within the organization. It is vital for an organization to establish a firm code of ethics for employees and managers to agree and adhere to equality within the organization.…

    • 737 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    When a person works in any type of business or organization they are required to show certain standards in their work and have a set of morals in which they conduct themselves by. This is often referred to in business as a code of ethics. A code of ethics is a set of principles which are designed to help people conduct business with honesty and integrity ("Code of Ethics", 2013). In most companies their code of ethics involves their mission, vision, values, and purpose for the organization. The code of ethics also represents the organizations core values and ethical principles in which each employee should uphold. These same standards and beliefs are shared in many…

    • 667 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    MGT/498 ETHICS

    • 1056 Words
    • 4 Pages

    Having strong ethics in business, which comprise integrity honesty, and equality play a significant role in the administration of a flourishing business as this role of a business process allows for a characterization in the differences between incorrect and correct principled conduct. Furthermore, having strong ethical standards help an organization in gaining a competitive advantage (Johnson, 2008), and it ensures that the workforce is following the established rules and code of conduct by the leaders of her or his organization.…

    • 1056 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Even though, in the past ethics was referred to humans mostly, today we hear more about ethical principles of business organizations, organizational integrity and corporate responsibility. Business ethics is "examining ethical rules and principles within a commercial context […] the duties of the company to ensure that products and production process do not cause harm."…

    • 298 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    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 .…

    • 1098 Words
    • 4 Pages
    Better Essays
  • Best Essays

    Keeping an honest code of ethics can ensure that a company achieves their missions, visions, and general objectives in a manner that can provide a solid framework for years to come. Ethics can also assist in ensuring guidelines are being made to bind an organization by a common thread and interests that guide employers and employees to avoid straying from the intended path of the company. Another element of today’s current strategic planning process is corporate social responsibility or CSR. This is when managers confront different situations of increasing demand from stakeholders. The specific demand has been marked by many claims that link themselves to corporate social responsibility of an organization’s projected profits, in the media and many other faucets, such as up-and-coming international CSR organizations. The motivation of this is clear; if a positive CSR is present, and a financial performance relationship is identified; companies will be…

    • 1850 Words
    • 8 Pages
    Best Essays
  • Good Essays

    A code of ethics set out a broad-spectrum of principles regarding an organization's beliefs on matters such as operation, value, confidentiality or the environment. Codes of ethics are common channels to decisions concerning the actions of employees in an association. In our organization there exists a formal code of ethics. Our code of ethics consist of standards like conflict of interest where we state that we must stay away from circumstances where individual interests could conflict, or become visible to a conflict, with the interests of the corporation. Our character depends not simply on our high quality services and products but moreover on the manner in which we carry out our relationship with suppliers, government officials, businesses and others outside this company. Our code of ethics also includes conformity with laws, rules and regulations where our company and our employees are required to observe the laws, rules and regulations of each country in which we operate. Another thing is security of confidential information which declared that no employee shall without proper authority access, modify, divulge or make use of any trade secrets, confidential commercial Group or private information for any purpose other than legitimately carrying out his or her responsibilities. Next is the safeguarding and proper use of company assets this includes being accountable for the establishment of, and adherence to, procedures that guarantee our assets are not put in a risk or used wastefully. Another thing which is stated in our code of ethics is the relationships among customers and suppliers where every one of our employees has the responsibility to make certain there are no compromises in delivering the highest standard of services and products and that each aspect of our operations which impacts upon quality promotes and reflects these standards. Nobody should receive unfair advantages of anyone in the course of…

    • 658 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Ethics Outline

    • 1266 Words
    • 6 Pages

    The Institute of Business Ethics defines business ethics as ‘the application of ethical values to business behaviour.’ As Aristotle recognised, ethics is not an ethereal abstraction but is a practical aid to business problem solving. This module takes ideas from a range of disciplines (including some of the greatest thinkers of all time) to help understand, analyse and resolve ethical dilemmas in management. There has been a growing interest in the ethics of business and what is generally referred to as CSR (Corporate Social Responsibility) and Sustainability. Whilst these terms have a number of synonyms and a variety of different uses, they all relate to issues about society, the economy and the environment.…

    • 1266 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Ethics is an important subject, people may refer to as the, 'golden rule' and in business ethics can guidelines imposed by law. Ethics can be best understood as, "the rules of conduct recognized in respect to a particular class of human actions or a particular group, culture, etc" (Dictionary.com, 2011). In regard to business ethics, "ethics that refer to the moral rules and regulations governing the business world" (LoveToKnow, 2010) as a whole cannot tackle every circumstances in which ethical dilemmas may arise.…

    • 880 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Ethics Paper Wk.2

    • 673 Words
    • 3 Pages

    Business Ethics is a form of ethics, which examines the ethical principles, and moral problems that occur in a business. Ethics plays an extremely vital role in business today due because of policies, procedures, and practices. Policies are in place to administer order and structure in an organization. Employees oftentimes undermine these rules and regulations due to acquiring a little or no respect for his or her supervisors and the management team.…

    • 673 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Walt Disney Code Of Ethics

    • 1390 Words
    • 6 Pages

    To properly define business ethics it would be the proper policies, practice and conduct to follow in a business this would be the regarding potential issues such as bribery, discrimination, and corporate responsibility. In most cases ethics can be thought of as the law, or basic framework some businesses that choose to follow to ensure the acceptance of the public and society. This law is implemented to set a level of trust between the consumers and the service/product. Ethics is directly associated with the principles and standards, it sets boundaries, and…

    • 1390 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based on social good and on ensuring positive environmental practices.…

    • 1006 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Paper MAN3063

    • 630 Words
    • 2 Pages

    The guidelines and principles established in an organization help direct its employees and management staff alike. It will help employees in their decision making and daily job functions. If the organization's values are expressed and codified into a code of ethics, with performance guidelines, every member of the organization can assess and act confidently on situations requiring ethical choice (2000). A Code of Ethics should be established as well to reflect the values of an organization. It should include key values such as trustworthiness, respect, fairness, responsibility, caring and citizenship. The Code of Ethics go hand and hand with an organizations mission statement and principles.…

    • 630 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    AMRE

    • 2960 Words
    • 12 Pages

    Ethics is moral principles that govern a person 's behavior or the conducting of an activity. "Ethics in business" is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer.…

    • 2960 Words
    • 12 Pages
    Powerful Essays

Related Topics