ipl-logo

Business Ethics: The Coca-Cola Company

804 Words4 Pages

Business ethics is a kind of applied ethics, which is the application of moral or ethical norms to business. Ethics term has its origin from the Greek word "ethos", which means distinguishing character, sentiment, moral nature, or guiding beliefs of people, groups, or institutions. Ethics also is a set of principles governance of the conduct of human behavior of individuals or organizations in a business. Ethics is a discipline that deals with moral obligations. It will explain what is good or bad for others and for us. Ethics is a moral character and moral choices made in relation to others. Consisting of a standard business ethics that guide behavior in doing business. Businesses must balance the desire to maximize profits and maintain the balance of …show more content…

Shareholders, the Board and management strengthens accountability and help build will give confidence to the public in the Company. The shareholders will be determined by the Board to monitor the health of their interests in the long run, the overall profitability of the business and financial strength. The Board is also the lead agency of the Company to make business decisions, except for matters reserved or shared with the shareholders. The Board will elect members of senior management who were charged by the Board with conducting the Company 's business. Guidelines on Corporate Governance established by the Board of Directors. He providing a framework for effective governance of the Company. The guidelines include things like the mission of the Board, Directors ' responsibilities, qualifications Directors, determination of the independence of Directors, the committee structure of the Board, Chief Executive Officer of performance evaluation and management succession. The Board regularly reviews developments in corporate governance and updating the Guidelines on Corporate Governance and materials other

Show More
Related

  • Business Ethics: Fila's Code Of Business

    372 Words  | 2 Pages

    Fila has a Code of Business Conduct that outlines how Fila operates by abiding to all laws and regulations. Clearly stated in the Code of Business, all vendors and suppliers along with partners of the company must reach standards of laws and reguations. These other companies must have safe working conditions, acceptable wages, and a maximum number of hours worked each week/month. Only hiring workers of appropriate age to work in the country and paying wages on time, while offering acceptable vacation days and retirement plans are other obligations. The company cannot employ anyone that is imprisoned, on bail, bond or using it as a punishment for conveying religious views.

    Read More

  • The Big Short Movie Analysis

    1221 Words  | 5 Pages

    The Big Short Management and Leadership Theoretical Component Management – The process of dealing with or controlling things or people. Leadership - The action of leading a group of people or an organization, or the ability to do this. Management and Leadership are two very different things. “A manager is appointed in a position of authority which enables him to insist on people doing as he/she instructs.

    Read More

  • Marcus Aurelius: An Ethical Analysis

    1370 Words  | 6 Pages

    Ethics is the branch of philosophy that delves into the nature of good, bad, right and wrong. Ethics deal with an individual’s moral principles. An ethical theory helps us in addressing questions like- What is right and what is wrong? Is this good or bad?

    Read More

  • Eight Lenses In Business Ethics

    1306 Words  | 6 Pages

    1. Introduction – ethics – what are they? Ethics (or moral philosophy) is the kind of philosophy that define concept of right or wrong conduct. In practice, ethics try to resolve questions of human morality, by explaining concepts of good and evil. Ethics, culture, morals – are bind together, they are embedded.

    Read More

  • Northrop Grumman's Business Ethics: Case Study

    1528 Words  | 7 Pages

    Introduction In this extended essay, I will try to answer the research question “To what extent is Corporate Social Responsibility part of Arm Makers Companies? An assessment and evaluation of Raytheon’s and Northrop Grumman’s Business ethics”. Weapon companies face the issue of being socially responsible as it is a global matter. I will be mainly focusing on two companies; Raytheon and Northrop Grumman.

    Read More

  • Unethical Business Practices: A Case Study

    2662 Words  | 11 Pages

    1.0 Introduction Business ethics refers to what is right and wrong, good and bad, harmful and beneficial regarding decisions and actions in organizational transactions (Weiss, 2009). So how to identify the unethical business practices? It is very easily. For example, which are company use child labor, produce tainted products, false advertising, infringement, polluted environment and etc.

    Read More

  • Apple Business Ethics Case Study

    1848 Words  | 8 Pages

    • “Side Deals or Side Letters” : Every piece of business dealt by Apple must be in clear written form and should not be altered by means of mouth or writing after the day it goes into effect. Then aside from these specific laws, Apple’s Business Conduct also has sections detailing basic borders for legal behavior, like a section prohibiting corruption practices like “Money Laundering”. “Governments as Customers” In addition to their dedication to the customers as a stakeholder, Apple’s Business Conduct has an entire section dedicated to clarifying the ways in which business should be conducted between Apple and the governments and how to stay ethical in such transactions. • “Governments as Customers”: Before bidding for government business,

    Read More

  • Business Ethics Case Study: Monsanto's CEO

    769 Words  | 4 Pages

    1. If you were Monsanto’s CEO, how would you best balance the conflicting needs of the variety of stakeholder groups that Monsanto must successfully engage? Monsanto has improved in terms of its corporate responsibility; however it does not maintain the most ethical culture possible. Monsanto is in a difficult position, as it produces products that many people do not understand or trust. The corporation also does much business in very poor countries where it is very easy for critics to accuse Monsanto of taking advantage of people who do not know any better.

    Read More

  • Business Ethics Case Study: The Johnson And Johnson Case

    1262 Words  | 6 Pages

    Introduction The key ethical issues that were presented in this case study were quality control, lack of customer care, responsiveness, and harming the customer. The Johnson and Johnson case may have been seen as a turning point due to many things the company did right. However, there were many ethical issues in this case which will be explored more throughout this paper.

    Read More

  • The Importance Of Business Ethics In The Business Environment

    1813 Words  | 8 Pages

    This statement is supported by Bennett (2014) wherein ethics clearly defines what is the right and wrong things and shapes what kind of behavior the business should act on. For the sense of business according to Joseph (2013), ethics are constructed and decided by each business and underpins decision that an employee makes. When it comes to the business’ environment, a well-constructed ethics is a key for a considerate and responsible decision making in a business (Bennett, 2014). Business Ethics is very important inside the company, it will show the moral standards that a company or business have whether it is right or wrong and good or bad.

    Read More

  • Examples Of Business Ethics Of Nestle

    2901 Words  | 12 Pages

    Business ethics also referred to as corporate ethics can be considered as either a form of applied ethics or professional ethics. Its purpose is to analyse ethical principles and also moral as well as the ethical problems that might arise in a business environment. Business ethic is applicable to all parts of business conduct and also takes into consideration the conduct of individuals and the business organizations as a whole. Business ethics can be divided into normative and descriptive discipline. For the purpose of this assignment, the Nestle Company has been chosen.

    Read More

  • Unit 2 Business Ethics Task 2 P1

    1263 Words  | 6 Pages

    Ethics Program for 2015 Task 2 Erica Young Western Governors University – Missouri Table of Contents Code of Ethics…………………………………………………………………… .03 Acceptable Use of Electronic Mail………………………………………….. 03 Acceptable Use of the Internet ……………………………………………... 03 Acceptable Employee Conduct …………………………………………….. 04 Acceptable Dress Code ……………………………………………………..

    Read More

  • Role Of Corporate Governance In Nestle

    1346 Words  | 6 Pages

    A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that

    Read More

  • The Importance Of Business Ethics In International Business

    1039 Words  | 5 Pages

    Basically, ethics are at their essence which is it is the moral judgments about what is right and what is wrong. Business ethics is focusing on examine the policies and conduct within the context of commercial enterprise in an organizational as well as in an individual level. In business, the ethics in business is an applied ethics where professionals and researchers use principles and theories to solve any ethical problems that exist in business. At the quarter of the 20th century, as technologies like internet have made world business or international business all more viable, the business ethics domestically have grown in importance along with the power and significance of major businesses. So that, international business ethics take center stage as a major concern of the modern era.

    Read More

  • Kfc Case Study

    1359 Words  | 6 Pages

    1.1 Task 1, P1. Under this task I will explain the ethical issues of KFC Company needs to be consider in its operational. Ethics Ethics can be defined as moral guidelines which govern good behavior, so to behaving ethically is what deemed to be morally acceptable. Business ethics: It is a form of applied ethics or professional ethics observes ethical principles and moral or ethical problems that arise in the business environment. It applies to all aspects of professional behavior which applicable for the behavior of individuals and entire organizations.

    Read More

More about Business Ethics: The Coca-Cola Company

Open Document