Individual with a standard set expectation

Assignment Help Business Management
Reference no: EM131297023

Please respond to statement with one paragraph.

A code of business ethics is essential. It provides the company and the individual with a standard set expectation. It explains what is important to the company, what values the company holds, what the company expects form their employees, and what the company expects to bring to their company. Having this code of ethics, it is letting the company and its consumers know that poor ethics, and poor quality are not acceptable.

I am sure many people believe that this is ridiculous to implement as people are just going to give one look at it and turn the other cheek. However, in order to have a successful business and to ensure returning customers, a code of ethics is a fundamental part to the business. Without this standard set of rules and expectations, the business would essentially fall apart.

In order to have an ethical business, the company should ensure that some key guidelines are met. A company should behave in a way that is honest, consistent, fair, and in the best interest of others (Business Ethics, 2004). A company that ensures that these attributes are the focus of the company will go far. As they instill these key elements into their practice they are not only guaranteeing continued costumer support. But they are ensuring that the company is ethically successful.

Reference no: EM131297023

What are the various types of business risks

Assume you are an entrepreneur and that your business has only one customer, the federal government. What are the various types of business risks to which your firm is expos

Happy beginning of an exciting life ahead

On the eve of leaving her alma mater, Stacy Engineer remembers the encouraging words of the commencement speaker. "Graduation is the happy beginning of an exciting life ahea

Various types of direct compensation

A strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of

Explain why manufacturing firms may be more exposed

A health club differs from manufacturing firms in that it produces a service rather than products.- Explain why manufacturing firms may be more exposed to competitors that are

Friend of nathan from graduate school

You are a friend of Nathan's from graduate school. You took an organizational communication class together, and you even gave a presentation together about leadership in com

Define wireless technologies and mobile technologies

Define wireless technologies and mobile technologies. Next, determine at least three (3) ways which companies or organizations utilize such technologies to improve business

Most common form of business ownership in your hometown

What basic steps must be undertaken to organize a corporation in your state?- Discuss and give examples of what you believe is the most common form of business ownership in yo

Explain how a recession would affect your business

Discuss the advantages and disadvantages of starting your own business compared to buying a franchise?- Explain how a recession would affect your business versus a business wi


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd