5 pages/≈1375 words
Business & Marketing
Ethics in Business (Case Study Sample)
Evaluation and analysis includes problem solving and behavior in assessing organizational ethics along with decision-making processes. In this case, you are evaluating your own company's code of ethics, or that of another company if your employer does not have a code of ethics. Write a 1,200- to 1,400-word paper in Microsoft® Word, one not using question-and-answer format, discussing your organization's code of ethics in detail. Perform the following steps: - Obtain a copy of your employer's code of ethics or find an example on the Internet from a major corporation, such as Shell Oil Company's Statement of Ethics. This is the document upon which to base your inquiry. - Write a general information paragraph on the company, including its mission statement. - Determine the type of ethical system used by the firm and reasons or examples upon which you based your decisions. Ethical systems include ends-driven, relativistic, entitlement, and duty-driven (legal or religious) ethics. - Identify and discuss how the code of ethics is used. Include several paragraphs on each use: one for employees, one for management, one for the board of directors, and so forth. Some of this information comes from the company's code of ethics. Others may be available through an Internet search. Consider the following: o Why it is used—the general or special circumstances o How it is used o When it is used Note. You may not be able to find all the information. In that case, state this fact and indicate which sources were examined with no results. - Why might the organization need to modify their existing code of ethics? Consider how you might modify the code if you were the new CEO and how you would implement the changes. - What possible reactions to the code are to be expected from employees and managers? What effects does the organizational culture have on the acceptance of the code? - What is the effect of the code on the organization? - Summarize the results of your systematic analysis or inquiry into the code of ethics of this organization. Format your paper consistent with APA guidelines 6th Edition, Cover page and reference page required. 6 References and 6 in-text Citations. - Prepare an introduction and use section headings identifying each of the steps with information and discussion following. Summarize your findings in the conclusion. - Do not include paragraphs directly from your company's code. Summarize what is contained in the document. Your paper may contain no more than 15% unoriginal or quoted material source..
CODE OF ETHICS FOR BARCLAYS BANK Name Institution Affiliation Course Date of Submission CODE OF ETHICS FOR BARCLAYS BANK Barclays is one of the major global financial players that boast a financial history of over 300 years and operating in over 50 countries. Barclays has more than 150,000 employees. Barclays prides itself of having reputation for integrity, within their business conduct and management system, with they appreciate is vital in their attainment of the commercial goals that they aspire for, as well as the fulfillment of their corporate responsibilities. Barclays recognizes this as their license to operate which is also a fundamental that they are committed to protect and strengthen. The corporation therefore expects that each of its employees, and those who are attached to them in any way, to conduct themselves observing high professional and ethical standards (Barclays group, 2011). This expectation they say, applies equally to all, notwithstanding their roles. Their Statement on Corporate Conduct and Ethics spells out the behaviors and standards of conduct that are required by the company. Their code of ethics is anchored on their guiding principle which is: winning together, customer focus, best people, pioneering and trusted. Further, every employee of Barclays is expected to confirm annually that they have read and understood the company`s code of conduct that are relevant to their role in the business, this is a part of their performance and development review process. Moreover, Barclays encourages any employee who feel that the company is not meeting the outlined standard of conduct as provided by the relevant code of ethics and their supporting guidelines and policies to raise the issue through any communication means. The policy on ethics, standards and conducts applies to all the employees and workers of Barclays group, these includes the staff of any subsidiary that the company has a controlling interest, agency workers, contractors and consultants, notwithstanding location, or function, grade or standing (Barclays group, 2011). Considering that Barclays is a service business, one of the tenets of its code of ethics is how it should be applied to its customers. In relation to dealing with its customers its principle is treating customer fairly (TCF). Barclays recognizes this as the fundamental to how it conducts its business, and to uphold this, the corporation formulated ten aspiration principles falling under the TCF tenet. These principles are universally applicable in all their businesses globally. These principles were formulated as a demonstration of the corporation`s commitment to their customers around the world. These standards require that for each business that is Barclays operates or is associated with the company: * They must anticipate the impact of a strategic change in their customers * They take to providing appropriate products and services to th...
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