Corporate Values And Ethics Term Paper

¶ … Market Forces on Corporate Values In corporate settings, corporate values are today being affected by market forces relating to diversity and changes in demographics in America.

Employers have begun to recognize the need to address the new face of the workplace and the new diversity caused by the shift in demographics.

They have made strides to diversify the workplace and make the new demographics of their business place work just as well, if not better, than before. Part of the reason they have done so is because if they do not do so, it would affect their bottom line.

One of example of the new complexity of the workforce is that today's workers are much more diverse in age than in years past.

Workers in a company not only span the range from late teens to post-retirement age, but in many cases, executives at the same level in the company may span wide ranges of ages. In fact, young executives - for example, newly minted M.B.A.'s -- are often above older executives in the corporate hierarchy. This new widespread diversity of age in the workplace will have effects on the corporate workings.

First, companies will need to seriously consider whether, for example, they are looking to employ older employees on a retirement path, on a temporary...

...

In particular, the new trends in family situations have required employers to pay more attention to benefit and compensation packages that speak to the needs of these different types of home situations.
For example, a gay couple will be particularly interested in whether a company's health plan covers their significant other. If employers in the new economy ignore such needs, they will not be able to attract or retain quality employees from all segments of the population.

Another example: couples with shared child rearing responsibilities may ask their respective employers to let them work not part time per se, but work in…

Cite this Document:

"Corporate Values And Ethics" (2002, December 24) Retrieved April 20, 2024, from
https://www.paperdue.com/essay/corporate-values-and-ethics-142797

"Corporate Values And Ethics" 24 December 2002. Web.20 April. 2024. <
https://www.paperdue.com/essay/corporate-values-and-ethics-142797>

"Corporate Values And Ethics", 24 December 2002, Accessed.20 April. 2024,
https://www.paperdue.com/essay/corporate-values-and-ethics-142797

Related Documents

This calls for both physical and mental strength (Army Regulation 600-100, 2007). Comparing my organization's code of ethics with my own, I conclude that on literal grounds it is similar in many ways. The ethical code of the U.S. Army calls for being dutiful, honest, fulfillment of obligations and tolerance towards others. However, I feel that in many ways these ethics are not practically put into practice the way they

Business Society and Corporate Values There has indeed been a great deal of discussion regarding CEO compensation, which is rightly viewed as being completely out of line. The core problem and cause of inflated CEO salaries cannot be attributed to a single reason, but is rather the result of a range of inter-connected factors. What is definitive is the fact that these salaries have inflated over time; this is in part

Business Ethics Corporate Values Love Canal Scandal The Love Canal situation dealt with a chemical company that buried there toxic chemical waste and then sold the land that was contaminated. The Hooker Chemical and Plastics, Co. bought a canal that was unfinished because the owner went bankrupt before he got to finish it. Hooker then filled a large area, a 3,200 ft. section of the canal with chemical waste. It wasn't Hooker alone

Ethics and Decision Making A definition of ethics broadly stated could be as that 'ethics is the science that deals with conduct in so far as this is considered as right or wrong, good or bad.' (Shapiro; Stefkovich, 2001) The word 'Ethics' has its root in the Greek language where ethos was the word used for a custom or usage for individual groups. This later moved on to mean the general

Having a code of conduct that is actively implemented must seem like the most visible way to regain that trust and reinstall a semblance of corporate ethical behavior. However, in the true spirit of inquiry, we should evaluate whether or not the grandiose values and lists of acceptable behaviors outlined in codes of conduct -- like BP's -- will really have the effect of improving the morality of corporate

Aside from the previously mentioned policies, the Intel ethic code also contains reference to intellectual property, gratuities, reciprocity, publicity, small and minority suppliers, controlled substances, environment, health and safety. The intellectual property right protection policy states the fact that Intel completely respects the rights of all business partners, suppliers and competitor companies. However, the publicity policy mentions that business partners are denied the right to sell their own products by