Description
As you can see by your reading, a lot of energy goes into the implementation of an organizational ethics program. And Lockheed Martin has clearly allotted considerable resources to assuring their program is successful. In this assignment we’ll be focusing on what the company did to ensure the implementation of a successful program that was flexible enough to accommodate the changing needs of the organization.
Case Assignment
Please address the following questions:
- On p. 83 Terris discusses the company's ethics code. Why is the code considered important to the company's ethics program?
- Discuss the importance of ethics training and employee involvement. What are some of the things Lockheed does to make the training process interesting and worthwhile?
- How does Lockheed measure success with respect to ethics in the workplace?
- What are some of the things Lockheed does at the operational level to make their ethics program work?
Assignment Expectations
Write a 3- to 4-page paper, not including title page or references page addressing the issue and upload it by the end of this module.
Your paper should be double-spaced and in 12-point type size.
Your paper should have a separate cover page and a separate reference page. Make sure you cite your sources.
Use APA style, and proofread your paper.
Upload your paper by the end of the module.
Explanation & Answer
Attached.
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Running head: CORPORATE ETHICS
Corporate Ethics
Student's Name
Institution
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CORPORATE ETHICS
Corporate Ethics
Ethics is a body of moral principles that govern how people live their day to day lives and
how they make decisions. Ethics concerns itself with moral philosophy. Unlike morals which
involve personal belief on doing right or wrong, ethics are rules set by an external source such as
code of conduct in business or workplace as well as religious principles. Business ethics explains
the relationship existing between a person and a company, employees, the community or
government sector. It deals with corporate compliance, social responsibility, and employeremployee rights. Business ethics are built based on behavior, original customs, attitude,
expectations, and values (Pearson, 2017). However, unethical forms of business behaviors
profoundly damage business standards and productivity. They affect environmental and social
aspect which leads to lack of trust among parties involved.
Importance of the code of ethics
A code of ethics is guideline principles set to ensure an honesty and integrity business
conduct. The set standards are meant to govern a group of people's conduct (Schwartz, 2002).
First, a code of ethics makes the implication of a responsible company for the employees.
Lockheed Martin Company has a code of ethics which makes it well known to its employees that
the company is accountable and committed to conducting business. Both existing and n...
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