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Business Ethics in Today's Corporate World
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Recommended: Business Ethics in Today's Corporate World
Our Vision at AT&T – connect people with their world, everywhere they live and work, and do it better than anyone else – is what unifies us as a company. In order to fulfill that mission, each of us is responsible for protecting AT&T’s longstanding reputation as an ethical, reliable, and honest business. The employees of AT&T represent that reputation to the public. This Code of Business Conduct sets out certain fundamental commitments we make to each other, to our customers, to our shareholders, and to all who have a stake in AT&T’s success. No Code of Business Conduct can provide rules that cover every situation or challenge. This important document serves each of us as a guide to our ethical commitments and leads us to ethical decisions
By proactively addressing ethical issues with a code of conduct, Raiders Inc. can set the standard regarding how they want employees to behave. Employee can be trained on the company code of ethics so they understand how their company expects them to respond. They can also train them on the biases of decision making, to make sure they are aware of the pitfalls that exist. (Robbins & Coulter, 2012)
To really understand the difficulties behind researching stock basis, you must first learn how to compute basic stock basis. The cost basis of any investment is simply what you paid for it, including any fees and commissions. However, complications arise when there have been changes to the stock. These changes include stock splits, stock dividends, reinvested dividends and capital distributions, as well as changes made to the structure of the company. The following paragraphs will outline the basic methods allowed by the IRS for figuring cost basis, the history behind AT&T, and the computation of cost basis for AT&T Corp. dating back to its pre 1984 divestiture through the present.
The ethical code of an organization illustrates the importance of being honest, acting with integrity, and showing fairness in decision making (Bethel, 2015). Ultimately, “laws regulating business conduct are passed because some stakeholders believe they cannot be trusted to do what is right” (Ferrell, Fraedrich, & Ferrell, 2015, p. 95). In the last couple of years, culture has become the initiator for compliance, which means from the top down there has to be a commitment to act in a way that represents the company’s core values (Verschoor, 2015).
I believe that every company should encourage a relationship of trust, loyalty, honesty, and responsibility among staff members at all levels. It’s important that each staff member works together to achieve excellence in a business, so the code of conduct is put in place. The purpose of the code is to provide guidance and set common ethical standards for employees from the top of the food chain to the bottom of the food chain. Some of the areas that I find to be significant of importance in a business are sexual harassment, discrimination and simply being professional in a work environment.
Imagine if nobody had a cellphone in today’s world. That’s why today everybody has some form of a cellphone contract with the four major companies (AT&T, Sprint, Verizon or T-Mobile) or a less know cellphone provider. AT&T and Verizon Wireless provide more than the other two major companies.
Have you ever wondered how your phone company started out? Or the new innovations it has brought about? And maybe even how the business is run? Well, today I’m going to talk about AT&T’s history, the products it sells, the employee jobs and U-verse.
"Code of Business Conduct and Ethics." Priceline.com. priceline.com incorporated, 12 April 2007. Web. 26 Mar 2014. Pdf.
AT&T Wireless is the leading wireless telecommunications provider in the US market. The US wireless market constitutes over 243M wireless subscribers. This represents a market penetration of 81%. The wireless market sells mobility of voice and data (video-media, download content and internet access).
AT& T is the largest communications company in the world. The company is the leading U.S. provider of wireless, high speed Internet access, local and long distance voice, and directory publishing and advertising services. They have even expanded to include entertainment with television services called UVERSE TV. With the many accomplishments of this media giant its portrayal of evidenced practice of some successful organizational behavior concepts reveal clear understanding of leadership. AT & T has proven success through effective organizational behaviors that include focusing on organizational structure, organizational culture and communication.
The soft factors can make or break a successful change process, since new structures and strategies are difficult to build upon inappropriate cultures and values. These problems often come up in the dissatisfying results of spectacular mega-mergers. The lack of success and synergies in such mergers is often based in a clash of completely different cultures, values, and styles, which make it difficult to establish effective common systems and structuresBased on the case study, extensive research and annual reports of AT&T the writer has mapped AT&T in the different domains. AT&T should strive to attain a perfect circle as close to the centre as possible, which indicates total synergy, order and equilibrium. Where the circle is skewed drastic change is needed as it moves closer to the outer ring of chaos:
The Code of Business Conduct serves as the primary means by which organization communicates its commitment to the ethical and legal conduct of its employees as well as to various stakeholders. The Code of Business Conduct is intended to provide an effective and comprehensive guidepost regarding the Company's expectation for ethical behaviour. The effective date of the Code of Business Conduct is August 2013, the date of distribution of the Code to all employees.
Who knew that we would be using Starbucks and McDonald’s in the same sentence. When you first think about it, it does not make sense to compare Starbucks and McDonald’s; nevertheless, the two chains have become each other’s biggest competitor and have a great deal in common. Primarily, they conveniently provide consumers with coffee products and food that they crave. However, each company has a unique code of ethics. In this paper, I will be analyzing Starbucks and McDonald’s code of business ethics. Furthermore, I will be discussing three aspects that I like and dislike about each companies statements. In conclusion, I will be explaining why having a code of business ethics is not sufficient for ensuring ethical behavior in an organization,
In today’s business world there are numerous ethical issues that have a chance of arising which may turn into legal battles. This is why organizations should strive to give their employees a clear comprehension of the company’s overall vision and mission. This will help employees in practicing the proper code of ethics as well as procedures and policies in the workplace. Companies must also strive to deliver the highest level of ethics in a continued basis which provisions customers, employees, and applicants that are entitled to them in under fair business practices. The focal point for businesses it to uphold the values of responsible and fair business practices. This paper will examine the ethical and legal theories that apply to the business situation in order to broaden the insight of how it could have been avoided. The company that is taken into consideration is Coca-Cola in which the company was recently sued for racial discrimination workplace environment.
In order to achieve the goals which is being most successful in the telecommunication industry, AT&T have concern about their external environment. The external environment can influence their guideline while running their business because it can be the bench mark for the company to gain more profit and becoming better than the others. Consequently, the AT&T company had analyze and focusing on the external environment to understanding their market and condition of the company. Therefore, the six segment such as technological, global, sociocultural, economic, demographic and political/legal are the segment that help the company to have better understanding about their general environment.
As mentioned earlier, ethical business communication takes different forms, such as management of staff and employees to suppliers and customers. A wide range of writing exists with the significance of ethics in business communication; most disappointments in business credit to the absence of morals in their business operation, and affirm that ethics is the basic achievement of authoritative development and achievement elements. It's basic as building associations with partners and utilizing moral practices. The believability of the association assumes a part in guaranteeing productivity. It can be said that ethics are a vital segment in business achievement. Since business contacts is likewise the center of business procedures, then, ought to be joined morals in business correspondence procedure to make certain long haul gainfulness and great relations with the proprietors of hobbies. Janet and Chaney (2012) mentioned out that there is a direct correlation between ethical business communication and customer loyalty. Ethical business communication plays a role in the development of a loyal customer base because of the ethical manners of the company when it comes to communications command. Ethical business communication helps to create a positive image of the organization in the workplace, which helps in attracting