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Business Ethics3

n it Do for the Bottom Line?" (Management Decision, V28, N6, 1990) explain that managing ethical values in the workplace legitimizes managerial actions, strengthens the coherence and balance of the organization's culture, improves trust in relationships between individuals and groups, supports greater consistency in standards and qualities of products, and cultivates greater sensitivity to the impact of the enterprise's values and messages. 10. Last and most formal attention to ethics in the workplace is the right thing to do. Nestle's view on business ethics is one of great importance. As you can see from their web site www.nestle.com this is one of their major focal points. Nestle, like many other businesses have created what they believe to be a comprehensive ethical policy or codes of ethics, in plain they are lists of what they believe is ethical behavior and how they should behave. However, the existence of a code of ethics may not guarantee that the company will conduct itself ethically. Ethics codes are often drawn up in response to scandals and to protect the name of the company, and then this only state its legal responsibilities and the conduct it expects from its employees, rather than listing any ethical principals and aspirations that it holds. The emphasis has often been on the company setting standards for the employees to meet, so it will not be caught breaking the law, rather than realizing that the company itself needs to be guided in its business conduct. Nestle have got an ethics policy from legislation to child labor, they have covered every single topic they believe comes under the word of ethics. Nestle believe that every single area of their business needs to have an ethics policy in which they should be able to follow, as they are a global company and their arms stretch to many different area's. Nestles Global Commitment and Responsibilities Since Henri Nestle developed the first milk food for infants in 1867,...

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