L3; Common Practices in Business Organizations Flashcards
RULES OF CONDUCT
- Policy
- Procedure
set of principles and related guidelines that a company establishes.
Policy
fixed manner of completing a task.
Procedure
Kinds of Company Policies
(enumerate)
- Employee Conduct
- Equal Opportunity
- Attendance and Time Off
- Computer Use
- Noncompetition
- Finance and Accounting
sets the duties and responsibilities, which each employee must follow as a condition of employment.
Employee Conduct
Dress code
(what kind of company policy is it under?)
Employee Conduct
Workplace safety procedures
(what kind of company policy is it under?)
Employee Conduct
Harassment policies
(what kind of company policy is it under?)
Employee Conduct
Discipline
(what kind of company policy is it under?)
Employee Conduct
Inappropriate Behavior
(what kind of company policy is it under?)
Employee Conduct
give examples of Employee Conduct
Examples: Dress code, Workplace safety procedures, Harassment policies, Discipline, Inappropriate Behavior
are policies that promote fair treatment in the workplace.
Equal Opportunity
give examples of Equal Opportunity
Examples: Avoid discrimination against people with regard to race, gender, sexual orientation, religion, and cultural beliefs.
Avoid discrimination against people with regard to race
(what kind of company policy is it under?)
Equal Opportunity
Avoid discrimination against people with regard to gender
(what kind of company policy is it under?)
Equal Opportunity
Avoid discrimination against people with regard to sexual orientation
(what kind of company policy is it under?)
Equal Opportunity
Avoid discrimination against people with regard to religion
(what kind of company policy is it under?)
Equal Opportunity
Avoid discrimination against people with regard to cultural beliefs
(what kind of company policy is it under?)
Equal Opportunity
discuss that each employee must observe time in, time out, and the disciplinary actions employees must face for noncompliance.
Attendance and Time Off
give examples of Attendance and Time Off
Examples: Work schedules, Schedules of leaves, Notification of an absence, Late arrival, Undertime
Work schedules
(what kind of company policy is it under?)
Attendance and Time Off
Schedules of leaves
(what kind of company policy is it under?)
Attendance and Time Off
Notification of an absence
(what kind of company policy is it under?)
Attendance and Time Off
Late arrival
(what kind of company policy is it under?)
Attendance and Time Off
Undertime
(what kind of company policy is it under?)
Attendance and Time Off
Companies implement policies for the usage of computers, the internet, and social media.
Computer Use
give examples of Computer Use
Examples: Internet for personal usage, Monitoring of internet activities
Internet for personal usage
(what kind of company policy is it under?)
Computer Use
Monitoring of internet activities
(what kind of company policy is it under?)
Computer Use
Some companies require employees to sign an agreement that limits employee activity to look for the company’s direct competition and prevent disclosure of confidential information.
Noncompetition
give an example of Noncompetition
Examples: Transfer of resigning employees to direct competitors of the company
Transfer of resigning employees to direct competitors of the company
(what kind of company policy is it under?)
Noncompetition
policies that deal with how money is handled in the company and how acquisitions and liabilities are recorded.
Finance and Accounting
Each company has its own culture. Corporate culture does not develop over time. Rather, it develops organically from the cumulative traits of the people the company hires.
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Each company has its own ____________.
culture
Corporate culture develops over time.
(true or false?)
false
Corporate culture does not develop over time.
Corporate culture it develops organically from the?
cumulative traits of the people the company hires.
Corporate culture it develops unnaturally
(true or false?)
false
Corporate culture it develops organically
refers to the beliefs and behaviors that determine how a company’s employees and management interact and handle outside business transactions.
Corporate culture
With the ____________________ and ____________________, a company can shape its employees’ behaviors by helping explicitly define the ethical norms of an organization, thereby guiding them towards understanding the standards and expectations for behavior. They then will have an impact on the corporate culture.
Code of Ethics and Code of Conduct
contains a company’s core ethical values, principles, and ideals, which serve as the foundation for the code of business conduct.
Code of Ethics
It has a narrower scope and longer length than the Code of Conduct and is typically published online for the benefit of customers and shareholders.
Code of Ethics
guidelines that are meant to influence the employee’s actions. This is more of an internal agreement between management and its employees.
Code of Conduct
Standard Contents of the Code of Ethics and Code of Conduct
(enumerate)
- Clear Introduction
- Statement of Values
- Specific Laws
- Specific Rules of Conduct
- Diversity rules
- Employee and consumer privacy
- Environmental policies
- Labor and fair hiring
- Security and safety
- Implementation of the code
is a statement mostly by a high-level executive showing personal commitment and support for the code of ethics and business conduct.
Clear Introduction
outlines the company’s purpose and values.
Statement of Values
Employees are more likely to adhere to higher ethical and conduct rules if they have an understanding of the company’s overall goal.
Statement of Values
certain companies may be dealing in a profession governed by a particular law such as accounting rules or medical ethics.
Specific Laws
Commitment to government standards and licensing requirements may be reinforced here.
Specific Laws
the specific rules in this section depends on the interests of the company’s employees, customers, shareholders, suppliers and even wider society.
Specific Rules of Conduct
one of the more important guidelines to include in the company’s code of ethics and business conduct.
Diversity rules
All businesses must create an environment free from discrimination.
Diversity rules
Employees must feel comfortable in their place of work and stating principles related to consumer privacy helps build confidence in the company.
Employee and consumer privacy
include adherence to regulations and industry best practices.
Environmental policiesv
outlines the professional and respectful treatment of employees to employees and managers to employees.
Labor and fair hiring
Companies are required to create and contribute to a safe working environment.
Security and safety
This includes administrative activities in reporting possible violations, the process for establishing facts, and the issuance of warnings. Among the consequences of violations, including the issuance of warnings, counseling or reeducation, suspension, litigation and dismissal.
Implementation of the code
