PHL 323 Week 4 Individual - Evaluation of a Business Code of Ethics

Apr 4th, 2015
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Evaluation of a Business Code of EthicsUniversity of PhoenixPHL 323Evaluation of a Business Code of EthicsThe purpose of this paper is to evaluate the application of a company's code to ethics to an ethical situation frequently found within the organization. The paper describes the ethical situation itself, gives a summary of the Code of Ethics or Core Values as it applies to the situation, identifies potential shortcomings in the Code of Ethics, and offers suggestions on how to improve it.Ethical SituationWhile working for a company that is a leading provider of best-in-class integrated payment solutions, marketing services, security services, and retail products. It provides integrated solutions for financial institutions; investment firms; business-to-business clients; individual consumers; and small, medium and large businesses serving multiple industries. The vision statement reads "To be a market leading Fortune 500 company through growth and performance excellence and to be a trusted leader, providing valued products, services, and solutions." Due to the nature of its business, it is important for the company to maintain a bond of trust with its customers, who expect a quality products delivered to them in the timeframe agreed upon. However, there is an ethical situation which presents itself rather often, and that the company has not been able to address successfully so far. That situation is the misrepresentation of project status information when

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