» Principles of International Business Ethic
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Principles of International Business.
Ethic. (Adopted from the International
Business Ethics. Institute). 1.
Integration Business ethics must permeate
all ...
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Business Ethics
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Topic: Business Ethics
Sort Desciption: A well-designed and well-implemented business ethics program pro- ... effective business ethics program helps owners and managers develop stan- ...
Content Inside: 93 5 T he responsible business enterprise (RBE) estab- lishes appropriate standards of conduct for its employees and agents and fosters reasonable expec- tations among its stakeholders. This chapter describes basic principles and best practices to help owners and managers develop review and approve such standards procedures and expectations. Standards and Procedures The first question owners and managers of an RBE must ask themselves is What norms values and standards should we set to guide our members and foster reasonable expectations among our stakehold- ers? 1 Their answers define how the RBE will im- prove its performance make profits and increase the prosperity of its community by learning to meet the reasonable expectations of its stakeholders. Whether an enterprise is large or small the question of what standards procedures and expectations to establish touches all aspects of an enterprise. H OW THE RBE D IFFERS FROM O THER E NTERPRISES All enterprises set standards and procedures and fos- ter stakeholder expectations. What distinguishes an RBE from other enterprises is that its owners and managers consciously develop the RBEs standards procedures and reasonable expectations as the surest Standards Procedures and Expectations for the Responsible Business Enterprise Standards and Procedures Responsible Governance Principles for Setting Management Standards Procedures and Expectations Management Vision for the Enterprise Management Standards Procedures and Expectations Typical Code of Conduct Provisions route to improving performance making profits and contributing to eco- nomic progress. A well-designed and well-implemented business ethics program pro- vides all members of an enterprise with the guidance and information they need for effective efficient and responsible choices and actions. Employees and agents need to know what performance is expected of them. They need to know what they should doand what they shouldnt doto meet per- formance ...
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