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Your team has recently been hired
by a newly formed, start-up manufacturing company. You are attending a meeting
to discuss the establishment of company policies in anticipation of future
hiring.
As you begin the meeting, the CEO addresses
the need for a code of conduct policy, with an emphasis on ethical behavior.
Other members of the team discuss the issue of growing business at any cost in
order to keep the company growing. The CEO acknowledges the need for growth but
demands that the team determines a way for the company to maintain the highest
degree of ethical standards. One member asks if it is possible to maintain the
highest degree of ethical standards and still remain profitable— which draws
some laughter from the group.
The discussion turns to the
various business cycles that are common in a manufacturing
organization—specifically, the revenue and collection cycle, the acquisition
and expenditure cycle, and the production cycle.
The CEO has asked your team to
find 3 or 4 code of ethics documents from other companies, analyze them, and
recommend ideas for your company’s code of ethics.
Search the Internet
for 3 or 4 code of ethics documents from other companies.
Analyze each document,
including how each addresses the three business cycles:
· The revenue and
collection cycle
· The acquisition
and expenditure cycle
· The production
cycle
Identify the internal
controls that limit unethical behavior during these cycles.
Write a 1,400- to
1,750 word report on your findings.
Address the following
concepts:
· The importance
of a corporate code of conduct
· The need to
establish a business culture that is committed to ethical behavior
· The tradeoff
between ethics and profits
· Analysis of each
code of ethics document your retrieved from other companies
· Recommendations
for your company’s code of ethics
Format your paper
consistent with APA guidelines.
Submit
a
Certificate of Originality
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