Essay about Est1 Task 2

In order for the directors and executives in any company to know that their employees are acting in an ethical manner, they need a defined

4. All employees will be honest and responsible in their work, speech, and all communications, including personal and organizational finances, never seeking special favors, or borrowing from other employees or from those doing business with this organization.

Company X expects all employees to conduct themselves with integrity, professional and responsible actions at all times. An employee’s actions in both personal life and professional life should avoid any situations that (A) could be construed as harmful to the company or its employees or (B) cause negative public reactions that could impact Company X customers or customer relations in adverse ways. You are a Company X representative during work hours and during off work hours.

The Company commits to provide a workplace where all employees can work together productively and comfortably. Each individual has the right to work in a professional environment that prohibits unfair practices and encourages equal opportunity. The Company will not tolerate harassment

Elasticity of demand is the relationship between the demands for a product with respect to its price. Generally, when the demand for a product is high, the price of the product decreases. When demand decreases, prices tend to climb. Products that exhibit the characteristics of elasticity of demand are usually cars, appliances and other luxury items. Items such as clothing, medicine and food are considered to be necessities. Essential items usually possess inelasticity of demand. When this occurs prices do not change significantly.

Company Q is a corporation whose stakeholders have not placed a major emphasis on social responsibility, instead it appears that the primary focus is placed on profit. With their profits on the decline, they are shying away from opportunities to help their community. By placing a higher priority on social responsibility Company Q will have the opportunity to help the community through charitable donations, employee volunteer initiatives, and creating quality jobs for the persons who live in the community. At the same time, Company Q will can also improve their public image and potentially increase profit.

Social responsibility in business can be defined as the obligation an organization has to minimize its negative social impact on stakeholders and to maximize its positive impact. In this case study we are introduced to a small local grocery chain referred to as Company Q. Located in a major metropolis, Company Q has recently closed some stores in areas of the city with higher crime-rates. They have started to stock a very limited amount of organic and health-conscience products after years of requests from their customers. Management has declined participating in a program to send expired food to a local food bank based on fears of employee theft by means of taking advantage of the situation. Based on the

1.) Information Confidentiality: As an employee, you will be exposed to client-sensitive as well as company-sensitive information that is to be viewed only by those who have the authority or permission to do so. Such information to be considered “confidential” includes business contracts, financial information, internal correspondence, and any and all documentation (electronic or paper-based) that is not authorized to be disclosed to the public. Disclosure of sensitive information will lead to immediate termination and possible charges/fines (depending on the severity of the violation) as is legal under state and federal law. Employees should not

Company Q does not currently have a positive attitude toward social responsibility. They recently closed several stores in higher crime areas. This has eliminated job positions that were held by residents of the area and taken away revenue from the community itself. This is not being socially responsible. The company just started offering a limited selection of health and organic foods despite that the demand from customers has been there for years. They have also made the decision to not donate day old food to the local shelters, opting instead to waste the food by throwing it away. Company Q needs to make several changes in their company behavior in order to become more socially responsible.

Froedtert Hospital is Milwaukee, WI is a nationally ranked hospital that handles both common and complex health problems. Froedtert Health is nationally ranked in four different specialties as well as eight high performing specialties. Froedtert Hospital is also recognized as one of Wisconsin’s best places to work.

“Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.” (Baker, Mallen (June 8,

Businesses today face a plethora of ethical duties such as upholding corporate governance, maintaining stakeholder relationships, and presenting an image of social responsibility. In review of Company Q’s (Q) current ethics culture, its image in regards to social responsibility is not equivalent to that of its competitors. In a growing market faced with increasingly challenging competition, there are several areas that Q can and needs to address to bring the company to a level of social responsibility that exceeds stakeholder expectations. First, attention Q needs to address market demands for additional locations to better

The ethics function is owed by the head of the organization because this is who acts as the primary example for employees to follow (Ruddell, 2004).For this reason it will be operated out of the executive office (Ruddell, 2004). If someone is named to assist in day to day duties, this person is simply helping to implement the leader’s plan (Ruddell, 2004).No one in the organization is outside of the ethical code of conduct (Ruddell,

An ethics department is vital to any company. The ethics department ensures that the policies, procedures, laws, and safety regulations are being followed. If an employee has a concern in any of the aforementioned areas, Company X asks that you speak to someone in the Human Resources department or call the employee hotline at 1-800-555-5555 to report any concerns anonymously.

Employee information is a form of personal data which the employer can keep about all of their employees, it should be kept secure and up to date. It should usually be kept within the HR department or within a locked lab office, this confidential information should be put onto the PC yet other non-confidential information should be put on paper so that it’s readily available to others. It’s usually used less frequently as its only needed when there’s been a change in someone’s personal data, and its essential to keep it so that people may be aware of employee’s education/training and general information about an individual is required when starting a job so it should be kept safe and updated. - Non confidential information is usually