Ruby Tuesday’s Code of Ethics Describe key areas of the selected company's code of conduct that are of significant importance to the business, and explain why. A code of ethical conduct contains written morals to prevent misconduct within the workplace. Ruby Tuesday encourages employees to promote honest and ethical conduct both personally and professionally. It is important to stay compliant with both government laws and Ruby Tuesday’s guidelines. There are many significant keys important to the success at Ruby Tuesday, some that stand out are: preventing harassment and discrimination and confidentiality. (Ruby Tuesday) Harassment & Discrimination It is important to treat both your co-worker and customers with respect. Discrimination of …show more content…
By leaking information such as: recipes, sales, and security it can cost them in many ways. Competitors can steal recipes or know their revenues which can be used against them. If someone untrustworthy found out the security code to the restaurant that allows them the upper hand for robbing them. There are many other reasons confidentiality is important for it can ruin a business if it is not followed. Explain the key steps that the company should take to ensure that employees follow the code of conduct. In the implementation of the code of conduct section it states that as a part of the hiring process all employees are required to acknowledge and sign the following statement: “I have received and read the Ruby Tuesday, Inc. Code of Ethical Conduct for Financial Professionals. I understand that the Code represents the policies of Ruby Tuesday, Inc.” …show more content…
(McGowen) The obvious main goal of any business is to gain long-term profits. Without profits, a business is less-likely to make contributions. After researching different social responsive activities, I found a few that I believe would be a good fit for Ruby Tuesday’s. Portion of Profits I set percent of each dollar made in a selected time period is donated to a chosen cause. For example: The company (RED) which was designed to help fight against AIDS globally. A set few companies such as Coca-Cola donate a portion of their sales in a three year time period. Other businesses set up a much shorter time period such as a week or month. At my work, 3 Matadors, we recently held a fund raiser for a young girl to get a kidney transplant. For one week, 20% of our total sales at the restaurant were donated to her fund call Hello Kidney. BOGO-Buy One Give One Buy One Give One is where the company donates an exact item match for every item sold. For example, TOM shoes will donate a pair of shoes for each pair purchased to a less fortunate person in over 60 different countries. (TOMS) Ruby Tuesday can utilize this type of social involvement by donating prepared meals to local charities such as Meals on Wheels for each dinner entrée
The compliance plan should include a code of conduct. By establishing a code of conduct, the organization establishes a commitment to ethical and accurate coding practices that will follow all regulatory guidelines set forth.
Suncor's business leaders and managers, workers in general they represent all act according to high ethical and moral standards. The most significant commitments of Suncor are integrity and ethical issues, and Suncor considers them the foundation for business conduct. The code demands firm compliance with legal requirements and design standards for the ethical conduct of Suncor’s business, allowing Suncor to keep the confidence of its customers, colleagues, shareholders, vendors and the governments and communities where Suncor does business
As CEO of Ruby Tuesday I will ensure that the employees follow the code of conduct. By my management team following up with any complaints to the company. Making sure the management team follow up on weekly meetings to see any employees have any concerns relating to the code of conduct. Also have aware line phone number for any employee that see someone breaking any of the code of conduct. The aware line number can be anonymous so employees don’t have to leave a name or number, but will need to have the store number in order to have the company investigate the
Most organisations begin the method of establishing organisational ethical projects by introducing codes of conducts. It helps to generate public trust and improve
For a company to be successful ethically, it must go beyond the notion of simple legal compliance and adopt a values-based organizational culture. A corporate code of ethics can be a very valuable and integral part of a company’s culture but I believe that it is not strong enough to stand alone. Thought and care must go into constructing the code of ethics and the implementation of it. Companies need to infuse ethics and integrity throughout their corporate culture as well as into their definition of success. To be successfully ethical, companies must go beyond the notion of simple legal compliance and adopt a values-based organizational culture.
When one doesn’t follow the codes of conduct, the organization/company will end up suffering by having its reputation destroyed. Codes of conduct are needed in every type of business regardless of size because people are doing more and more everyday what they want instead of doing what they need to. Everyone deserves to work with others where they are all treated with dignity and respect. As individuals, we are expected to bring our skills, honesty, and potential to the workplace. Working within the guidelines and behaving properly as a whole is the only way a company will
There’s an abundance of charity or non-profit advertisements, commercials or people out in the world asking for donations which people do donate to even if it is just one dollar. It is seen as impolite as to not even try to donate to help those in need. Although, the main reason people may donate a large sum of money to charities, especially big corporations is for a tax-deductible. The tax-deductible helps people not
A. Select an established company and analyze the company’s code of ethics by doing the following: Note: You should be able to find the company’s code of ethics on the company’s website or in the company’s annual 10k report. Only use the code of ethics for part A. Refer to the attachment of PDF of Code of Ethics. 1. Analyze whether the code of ethics is lacking in the area of corporate social responsibility.
Nonprofit organizations have to be effective in growing their donor base, increasing donation frequency and size, and retaining their donors. For decades, nonprofit organizations have relied on traditional marketing strategies to raise money and communicate their mission with donors to support
The purpose of the CMP is to solidify their organizational culture of integrity, ensuring that every person acts honestly and ethically in conducting everyday activities and making decisions. The CMP has three areas of focus: “The Compliance Management System, prevention of unlawful activities, and response to changes in regulations” (People 30). Throughout all departments are compliance teams that specialize in protecting the reputation of the company as well as individuals in the company through a process of “prevention, monitoring, and post-management” (People 30). Figure 1, below, is a graphic from the 2015 Samsung Electronics Sustainability Report, which illustrates how compliance management is incorporated throughout the organization (People
Giving back does not only consist of exchanging money, you can also give back by donating to charity, volunteer work, and using your skills to assist others. So I may perceive the ultimate act of charity is helping out in the time of need. When events such natural disasters, people are greatly affected financially, emotionally, and physically. Recently in the southern Louisiana there was a
2. How has the Sarbanes-Oxley Act helped to change business ethics and culture? What are the structural, governance and leadership factors that promote ethical business and behavior? Explain.
company can ensure that its code of ethics is both followed and enforced ? " .
...rvices to the customers. Hence, the establishment of compliance program creates a guideline that urges the corporations to be responsible for the actions that they commit and helps to detect any misconduct and offenses.
One of the purposes behind the Apple code of conduct is to create a sense of responsibility among its suppliers. Apple by setting rules and standards is trying to help its suppliers to reach success. The aim behind the code of conduct is to draw a road map that will guide Apple’s partners to do things in the right way.