INTRODUCTION TO

BUSINESS
ASSIGNMENT #3

SUBMITTED BY
BSSE BATCH 11
Hamza Muzaffar 17011065006
Ehtisham ul haq 17011065013
Abdul Rab 17011065009
Suleman mehmood 17011065039

SUBMITTED TO MA’AM REMISSA MUSSADIQ

 ORGANIZATIONS’ CODE OF ETHICS
Evaluate the ethical code of any organization. You can visit an organization or
study it on internet (in case of lockdown) how they ensure ethical behavior in their
organization.

Solution
First and foremost, what is the ethical code of an organization?
An organizations’ code of ethics is a statement of business guidelines meant to inform worker
behavior and prevent behavior that does not fall in line with the company's mission and greater
objectives. Ethical codes, also called codes of conduct, can vary significantly from one company
to another. For example, a company that has a goal of preventing harm to the environment might
include a list of rules aimed at limiting behaviors that might negatively affect the environment in
its code of ethics. Codes of ethics may also include rules aimed at keeping employees in
compliance with laws and regulations and violation of such regulations can also lead to employee
termination.

Figure 1

We can promote ethical conduct in an organization by:

 Training Employees so They Know Your Code of Conduct
You can't expect your staff to act ethically in accordance with your company's code of ethics
if they don't know what that code is or why it's important. Hold regular workshops on ethics
 and how to solve problems ethically. Use examples and role playing to give everyone a
chance to choose between tough decisions and explain why one is more ethical than another.
 Reward Ethical Behavior
Far too often, companies simply expect ethical behavior; however, if you want to promote
this as a prominent behavior among staff, then you need to show and prove, so to speak.
Provide rewards for solid ethical behavior; for example, if you have an employee that goes
above and beyond to put her personal interests aside to always do what is best for their
clients, that is considered ethical behavior and she should be rewarded and held up as an
example for others to strive to do the same.
 Lead by Example
Employees generally follow company examples set forth for them by management
employees. Hold your managers to a higher ethical standard so that they are credible enough
to expect to do the same. Hold regular discussions with employees to work through potential
ethical issues that may come up and find ways to brainstorm through them as a team. If
everyone is on the same page, it is more likely that the team as a whole will adopt the same
types of ethical behaviors.
 Empathy towards How Employees are treated
Think honestly about the current operating methods in your company. If organization is
talking about the importance of ethics at work but doesn't treat its own employees fairly,
they’re the ones to be blamed. A trusting relationship between management and employees
helps to encourage ethical behavior all around.

Evaluating Code of Ethics for NESTLE

The organization we chose to evaluate its code of ethics is Nestle. They say the foundations of
how they do their business is laid upon ethics and principle-based manner. They say their values
are rooted in respect. Respect for their selves by acting with integrity and authenticity, respect for
the people that work for them and bringing forth their best, respect for cultures and every
perspective, respect for world’s future which compels them to work with responsibility.
Nestle ensures ethical behavior in the organization by regulating Anti-corruption laws. Nestle
condemns any form of bribery, corruption and follows UN standards set for sustainable
development. The organization aims to strengthening institutions, human rights and laws. Nestle
claim to commit to ensure a culture of integrity across the institution. This includes a zero
tolerance policy for fraud, bribery, and corruption.
Nestle has initiated a privacy program that collects, stores and uses data to engage with
consumers and to deliver innovative services, privacy is paramount to us. Consumers, employees,
vendors, suppliers and investors expect us to adhere to the highest standards of privacy and
security to protect the personal information they share with them. All Nestlé Group Companies
comply with Nestlé’s Privacy Program, which is based on internationally recognized privacy
principles. The Privacy Program continuously evolves to address regulatory changes.
Part of being an ethical business is ensuring everyone is treated with respect and fairness. Nestle
are committed to protect human rights at every level of their business and throughout their raw
materials supply chains. Nestle have adhered to robust systems in place to ensure they can
address compliance breaches. The rights that nestle preserves are shown in fig 2.

Figure 2. Rights that Nestle preserves