Ethics and Corporate Social Responsibility

Code of Ethics

Many companies establish a code of ethics or a code of values. These codes are used to communicate to all the company’s stakeholders—directors, management, employees, suppliers, and customers—a company’s values and business style. Kraft, for example, has 10 rules of ethical behavior that all employees must follow. Verizon’s code of ethics is a lengthy document outlining a variety of rules and guidelines.

Questions for Discussion

  1. 6-19 Research other codes of ethics from three different organizations. List any common values sited in these codes. Note any differences between organizations and comment on why you think the unique codes are necessary for that particular organization.

  2. 6-20 Do you think establishing a code of ethics is sufficient to ensure ethical behavior in an organization? What other forms of action or behavior might be necessary to ensure ethical business behavior?

..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset
3.145.78.136