Developing a Code of Conduct:
An ethical code of conduct is also known as a code of professional responsibility. A code of ethics is a formal statement of what the organizational values are on certain issues. Sometimes the organization will employ a set of ethical codes based on certain situations such as conflicts of interest or acceptance of gifts.
Forward. The ethical conduct of America’s corporations has come in for a great deal of attention over the past few years. The Enron scandal, the incidents of insider trading, the inflation of earning statements, the HealthSouth scandal.... all have combined to place corporate ethics in the nation’s spotlight. As a result the Sarbanes-Oxley Act which went into effect in 2002 has provided some legislative and enforcement “muscle” to the nation’s regulators.
Your assignment. (300-500 word) You have been retained by a publicly traded corporation to develop an Ethical Code of Conduct for Managers.
Make sure to have an introduction and conclusion
The deliverable is a written ethical Code of Conduct describing what are permissible acts and what are prohibited acts by those managers who are in a decision making role.
Some of the things you will also have to consider and incorporate in your deliverable are the following items:
1. How will you incorporate the Code of Conduct into the corporate policies?
2. What processes will you recommend to ensure appropriate remedial measures are taken when weaknesses are identified?
Part 2:
Explain how Globalization impacts the four functions of management. (Planning, organizing, leading, and controlling)
In your explanation include specific examples of these impacts: