In: Operations Management
Select any company of your choice and do research on their business ethics and their supply chain network then answer the questions below: Important! Remember to cite the sources you used for your research at the end of your assignment.
1. List the business ethics the company, you chose, adheres to.List at least four different ethical practises and explain what they entail in a paragraph each.Take a look at the company’s business code of ethics.
The chosen company is Accenture:
Business Ethics of Accenture:
At Accenture, their people care deeply about doing the right thing. Together, they have proven that they can succeed—providing value to their clients and shareholders and opportunities for their people—while being a powerful force for good. Their shared commitment to operating with the highest ethical standards and making a positive difference in everything they do is what makes Accenture special. In today’s environment, they go beyond mere compliance; they innovate with integrity by using their understanding of technology and its impact on people to develop inclusive, responsible and sustainable solutions to complex business and societal challenges. To get this right, they empower their people to make good decisions, act responsibly and speak up with confidence. With their Code of Business Ethics, they want to help their people make ethical behaviour a natural part of what they do every day—with each other, their clients, their business partners, and their communities.
Four ethical practises of Accenture:
1-MAKE YOUR CONDUCT COUNT
Respect, inclusiveness and shared ethical values are at the heart of Accenture’s culture and grounded in our core values. Making your conduct count is about fostering these values and describes behaviours that they expect from—and for—their people so that they can be at their best each day. There are five ways by which they make sure that their conduct counts.
a- Speaking Up and Zero Tolerance for Retaliation
b- Respect for the Individual
c- Conduct in accordance with the highest standards of professional behaviour
d- Meritocracy and Non-Discrimination
e- Ensuring personal interests and relationships don’t create conflicts for Accenture.
2-COMPLY WITH LAWS
They comply with all laws, whether local, national or regional. Accenture people, and those acting on their behalf, are responsible for understanding the applicable rules and must work with Legal to ensure compliance. Violations of law can result in significant harm to Accenture, including financial penalties, denial of government contracting privileges, imprisonment for criminal misconduct and damage to our business relationships and reputation.
3-DELIVER FOR OUR CLIENTS
They all serve Accenture’s clients, regardless of role— focusing on the best interests of our clients while acting as stewards of Accenture.
4-PROTECT PEOPLE, INFORMATION AND OUR BUSINESS
They work together to build a better, stronger and more durable company for future generations, protecting the Accenture brand, meeting their commitments to protect information and intellectual property, acting with an owner mentality , protecting and developing their people.
Accenture’s Business code of Ethics:
They each have a personal responsibility to act ethically and comply with the law, the Code of Business Ethics and Accenture policies and procedures at all times. Violations break trust with Accenture and their clients and may result in individual disciplinary action, up to and including termination of employment, and perhaps legal liability. In some cases, Accenture may have a legal or other obligation to report the results of an investigation to the appropriate law enforcement authorities, or may otherwise choose to do so. Accenture’s core values and ethics are global and consistent. They recognize that some business cultures have practices that may violate our core values and ethics, such that upholding them may be uncomfortable, even challenging.