TASK 1: ETHICAL STANDARDS
A. Create three corporate policies that reflect the organization's culture and ethical viewpoints.
TechFite is a British company that has recently opened its first U.S. factory. The organization is struggling with budgetary constraints in its newest region despite seemingly earning well and rewarding its executives with handsome bonuses. The company has faltered on its commitments to Dellberg and its community, made at the time of establishing itself in the U.S. and citizens are taking note.
Clearly, from the case study, operations in the U.S. aren’t running as smoothly as they might in Britain – despite the great culture the company might have built its reputation on over the past. TechFite is known for its culture …show more content…
This policy will ensure that the company protects its reputation and stands up to the culture that has helped it grow thus far. It aims to bridge the cap between legal and statutory requirements and ethical obligations by making executives responsible for their actions.
Keeping the head office involved in the budget allocation process for communities will ensure that the region doesn’t misuse or fail to appropriately mark budgets for obligations and commitments towards the community they belong to. Being a core part of the company’s culture to support the people that make up and depend on the organization in a particular region, this policy ensures TechFite is able to stay consistent and spread its culture, no matter where it goes, and how quickly it grows.
Regular audits will help ensure that the organization doesn’t forget or get busy with other engagements and are able to stay on-mission and deliver on commitments to the community, regularly. Doing so will lift the organization’s image in the minds of the community and ensure that the company earns their trust and respect, over a period of …show more content…
It also ensures that conflicts of interest, misuse of resources, and whistleblowing becomes possible and workers know and feel like the channels of communication are open. Without a focus group, by whatever name it is called, it is difficult to build that trust with workers – especially in a new region.
B. Describe corporate social responsibility and how it applies to the scenario.
Corporate social responsibility is the commitment of an organization to look beyond profits and give back to society. In this scenario, TechFite took on the responsibility of Dellberg and its citizens but failed to deliver in the following instances:
Workers aren’t being employed full time due to budgetary constraints. In a bankrupt city, this is difficult as workers can’t find work elsewhere either – which affects their livelihood.
The fact that workers aren’t being employed full time because the company wants to avoid paying the benefits that are associated with full-time employment per laws is in poor taste and will cause discomfort and dissatisfaction when city officials and the public discover the truth.
Commitments to sponsor the local youth leadership development programs and to invest in infrastructure to aid in the rebuilding of the city aren’t being
A. Create three corporate policies that reflect the organization's culture and ethical viewpoints.
TechFite is a British company that has recently opened its first U.S. factory. The organization is struggling with budgetary constraints in its newest region despite seemingly earning well and rewarding its executives with handsome bonuses. The company has faltered on its commitments to Dellberg and its community, made at the time of establishing itself in the U.S. and citizens are taking note.
Clearly, from the case study, operations in the U.S. aren’t running as smoothly as they might in Britain – despite the great culture the company might have built its reputation on over the past. TechFite is known for its culture …show more content…
This policy will ensure that the company protects its reputation and stands up to the culture that has helped it grow thus far. It aims to bridge the cap between legal and statutory requirements and ethical obligations by making executives responsible for their actions.
Keeping the head office involved in the budget allocation process for communities will ensure that the region doesn’t misuse or fail to appropriately mark budgets for obligations and commitments towards the community they belong to. Being a core part of the company’s culture to support the people that make up and depend on the organization in a particular region, this policy ensures TechFite is able to stay consistent and spread its culture, no matter where it goes, and how quickly it grows.
Regular audits will help ensure that the organization doesn’t forget or get busy with other engagements and are able to stay on-mission and deliver on commitments to the community, regularly. Doing so will lift the organization’s image in the minds of the community and ensure that the company earns their trust and respect, over a period of …show more content…
It also ensures that conflicts of interest, misuse of resources, and whistleblowing becomes possible and workers know and feel like the channels of communication are open. Without a focus group, by whatever name it is called, it is difficult to build that trust with workers – especially in a new region.
B. Describe corporate social responsibility and how it applies to the scenario.
Corporate social responsibility is the commitment of an organization to look beyond profits and give back to society. In this scenario, TechFite took on the responsibility of Dellberg and its citizens but failed to deliver in the following instances:
Workers aren’t being employed full time due to budgetary constraints. In a bankrupt city, this is difficult as workers can’t find work elsewhere either – which affects their livelihood.
The fact that workers aren’t being employed full time because the company wants to avoid paying the benefits that are associated with full-time employment per laws is in poor taste and will cause discomfort and dissatisfaction when city officials and the public discover the truth.
Commitments to sponsor the local youth leadership development programs and to invest in infrastructure to aid in the rebuilding of the city aren’t being