Tuesday, June 11, 2019

Best Buy's Code of Ethics Essay Example | Topics and Well Written Essays - 2500 words

take up Buys Code of Ethics - Essay Example34). Best Buy (2009) defines ethical motive as putting principles into action, which to the company is a matter of integrity and self-restraint (p. 1). Aiming to be a responsible, set-driven global enterprise, (p. 6), Best Buy declares its determine into four strong statements (1) unleash the power of our people (2) learn from challenge and change (3) show respect, humility and integrity and (4) have fun while universe the best (p. 5). These are achieved through mutual partnership, honest and accurate information, respect for employees autonomy, recognition of work, strict observance of confidentiality, zero-tolerance on retaliation, accountability to stakeholders, respect for diversity, legal compliances, health and safety in the workplace, respect for the physical environment, financial integrity, fair competition, corporate social responsibility, protection and proper use of company assets, and protecting intellectual property. Thes e values are well-ingrained in the companies stated responsibilities Responsibility to each other deals with the companys internal environment, ranging from the relationship of management to employees, employees to the company, and employees to their co-employees responsibility to customers tackles the companys ethics in advertising, market distribution, and relationship with diverse customers responsibility to shareholders emphasizes financial integrity, transparency, and the safeguarding of the companys assets responsibility to business associates highlights fair competition and conflict of interest responsibility to communities spells out the companys corporate social responsibility and its legal and responsible global operations and the special obligations of employees with financial reporting responsibilities -- stresses honesty, accountability, compliance, objectivity, promptness, and full disclosure. undermentioned Takamines Justice Model, which integrated both the Blan chard-Peale Model and Velasquez Model (Takamine, Date, p. 38), Best Buys code of ethic

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