Friday, March 1, 2019
Ethical and Socially Responsive Business Essay
Describe key theatres of the selected c murderlyer-ups recruit of conduct that are of signifi nookiet importance to the moving in, and develop why.The first question we should ask ourselves what is morality? I think ethics are a collection of principles and practices that a business believes in, statements and more specialised policies about conduct to give employees, partners, vendors, and outsiders an idea of what the corporation stands for and how its staff should conduct themselves . The Cheesecake grinder was established in the 1940s by Oscar and Evelyn Overton. In 1972 they open their first business store to Los Angeles, CA kn have as the Cheesecake factory. Now The Cheesecake manufactory has over 170 locations around the world. Having such a large corporation like Cheesecake factory brings a lot of estimable and business problems when it comes to having such a large stores and staff.We should always re piece that all(prenominal)one has their own set of moral e thics that they live by at move to take those same ethics to the work place. When writing a economy of ethics it is important that these will cover every staff member from the top of the corporation to the lowest lever employee. Key areas that are of signifi evictt importance to The Cheesecake Factory start with the general standards of conduct in how all(a) its employees will be treated by fellow employees and by management. The standards deals the basic values that we all have, with the expectation of building trust, loyalty, honesty, respect, and a high train of professionalism within the comp each.The cheesecake Factory has an established command of honest conduct that is an subjective factor in maintaining a proper balance in the humankind aspect of ethics and the link to the business success. Corporate leaders and managements admit to be careful about their behaviors and how they make important decisions. Although all areas of the Cheesecake Factorys code of ethical c onduct is important for the success of the federation, at that place are a few key areas of the companys code of ethical conduct that are of significant importance for The Cheesecake Factory.1-The first occurs in Article IV, in the Conflicts of Interest, section that pertains to feats and investments. This specifically states that an officer or a director should avoid participating in any transaction or investment that conflicts with, or gives the appearance of a conflict with, the beguile of the company.(Reference 1) This is key in maintaining ethics because a person who is in a leadership / management positions must be loyal to only their disposal otherwise, all decisions that are made and act are suspect as to the integrity of the choice, especially concerning money matters.2- A second key area of The Cheesecake Factorys code of ethical conduct that is of significant importance is in Article V, in the Compliance with Company Policies and Procedures, section that pertains to surreptitious information. It is very important and essential for the success of any company and business especially, the confidentiality of information, especially for third parties, be maintained. This leads to another key area that is as well as in Article V of the companys code of ethical conduct. In the section that pertains to insider trading. In the section that deals with prohibiting insider trading it states that, An officer or director shall observe the Companys policy prohibiting trading on the basis of material, non-public information.(Reference 1)2.Explain the key steps that the company should take to ensure that employees find the code of conduct. There are some key steps that a company can take in order to ensure the employees determine the code of conduct.1-The Cheesecake Factory should have a compliance department that handles all disputes and investigations regarding violations of the code of conduct. This specific department at Cheesecake Factory should have d esignated employees that predominate the entire companys employees and handle any issues that arise.2-The Cheesecake Factory cantake to ensure the employees follow the code of conduct is to have apiece employee sign and date, the code of conduct when they hired and give it to the employee a reduplicate and keep another copy in the employee files. This makes it possible for the employee and the company to be on the same page from the beginning of the working relationship. This process can repeat every year for the existing employees to follow the code of conduct.3-The Cheesecake Factory can take to ensure the employees follow the code of conduct is complete mandatory course ethics training videos for new and existing employees every year. These videos make sure reminder of all employees business ethics and code of conduct.3. Suggest three (3) ways in which the restaurant can oblige in socially reactive activities in the community within which it operatesThe Cheesecake Factory can deal many socially responsive activities in the topical anesthetic community.1-The Cheesecake Factory can donate foods to topical anesthetic food banks, soup kitchens and stateless shelters. Restaurants always have extra food that does not used for any reasons or left over foods. As a respectful company being able to donate fresh food to shelters and feeding soul who is unable to have a meal, would be wonderful social responsive project and activity.2-The Cheesecake Factory could engage in socially responsive activities in the community would be to help raise money for a local non-profit organizations, charities, children hospitals or cancer associates. This could be done by donating money, ask costumers to enter or fund rising which will show that the company is bighearted back to the local community in which it is a part.3- The Cheesecake Factory could engage in socially responsive activities in the community would be to liberty chit free meals to shelters for specifie d holidays, such as Thanks vainglorious and Christmas. 4- Also Cheesecake Factory could run campaign for Local Food Drive to contribute as a company and ask their costumers donate dry and canned foods to domain local families who needs help .This is one of excellent way of giving back to the local community.References1. (March 16, 2004) The Cheesecake Factory Incorporated. Amended and Restated Code of morals for administrator Officers, Senior Financial Officers, and Directors. Retrieved from http//investors.thecheesecakefactory.com/phoenix.zhtml?c=109258&p=irol-govconduct.2. (January 2001) C.B. And R.L. The Legal Environment of Business Text and Cases Ethical Regulatory, Global, and Corporate Issues. Cengage Learning, 8th edition.3. (January 2012) Ferrell, O.C. And John Fraedrich. Business Ethics Ethical Decision Making & Cases. Cengage Learning, 9th edition.
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