Evaluation of a Business Code of Ethics Essay Example | Topics and Well Written Essays - 1250 words

Evaluation of a Business Code of Ethics - Essay ExampleAnd to manufacture them in a socially responsible way (IKEA Services, 2004). Locally and globally the company does not hesitate to decl are its devotion to values like trust, integrity and honesty. Another pat statement can be found in IKEAs Code of Conduct, the IWAY Standard (IKEA Supply, 2008). It is firmly stated there that we can do good bloodline while being a good transaction. Thus, within the business environment and activities of the company one can find ethical messages like improve living and socially responsible way while in its ethical code (the IWAY) the message is about being and doing a good business. The IWAY is based on international conventions and declarations like the get together Nations Universal Declaration of Human Rights (1948), the Fundamental Principles of Rights at Work, ILO declaration (1998), the Rio Declaration on Sustainable Development (1992) and the Ten Principles of the United Nations Globa l Compact(2000). Marcoux (2008) agrees that a common approach in international business ethics is to refer to or to construct lists of norms that ought to guide transnational business transfer. ... ) diversifies these principles by adding the features of a duty-driven ethical system to the code of ethics Following IKEAs business operating network structure the IWAY is a Code of IKEA right away with its suppliers (contractors). It is about what a supplier should do in the right way. Suppliers are responsible for communicating the content of the IKEA code of conduct to sub-contractors and workers. Relations to applicable fairness and regulations are at the core center of the subject. Workers or as Ikea familiarly calls them co-workers and managers are not directly addressed. Trade unions are only mentioned, while naught is related to civil groups and voluntary organization and to religious topics. The development of a companys code of ethics can be motivated by the sole requiremen t of life and human experience or by personal moral values and national cultural traditions. Working in prefer of social responsibility can be a basic value in the behavior of groups and individuals. Prior to the current state of affairs Friedman in his clause The Social Responsibility of Business Is to Increase Its Profits (1970) rigorously raises a discussion on the topic of the social responsibilities of business. He argues that social responsibilities are of the individuals and not of the business. There he reminds about his book Capitalism and Freedom (1962), where the author postulates that there is one and only one social responsibility of businessto use its resources and engage in activities designed to increase its profits. Amazingly contrasting to this position appear IKEAs guiding principles for working in the bet of the child, the worker and the environment. Implementation of a Code of Conduct may be driven by international agreements and by