BUS 3306 - UNIT 8 DISCUSSION
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University of the People *
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3306
Subject
Information Systems
Date
Nov 24, 2024
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docx
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Uploaded by GrandMetal6341
Imagine that you are the compliance manager in a company in your
country, and you were asked to draft the code of conduct for your
business. Please describe the company (their industry, products,
etc.) and draft the code of conduct and explain about the content
listed in the code of conduct. And explain why code of conduct is
important to your business. Support your arguments with relevant
sources to develop ideas that are appropriate for the discipline and
genre of the writing
.
CFI Team (2023) defined code of ethics is a set of rules or principles that
professionals are expected to abide by, whether acting alone or in concert.
Different levels and functions may have their own codes of ethics. I would
like to develop a code of conduct for a technology consulting firm as the
compliance manager for a business in my nation.
Tec-Solutions
is a
business that specializes in offering IT consulting services to clients across
a range of sectors.
Code of Conduct for Tec-Solutions:
Strong Corporate Culture:
Integrity, professionalism, and respect are Tec-Solutions’ top priorities in all
of our contacts, within and outside the organization. We cultivate an
environment at work that encourages cooperation, teamwork, and trust
between coworkers.
Legal and Regulatory Compliance:
We pledge to uphold all relevant laws, rules, and business norms by
refraining from acting in any way that would be against the law, improper,
or against the interests of our stakeholders and clients. In an effort to
safeguard the company's standing and financial security, we work to reduce
the risks connected with non-compliance.
Confidentiality and Data Security:
We are aware of how crucial it is to protect customer data and uphold data
security. So, in order to maintain privacy and guard against unwanted
access, we set rules for managing and safeguarding sensitive data.
Professionalism and Ethical Conduct:
In every commercial transaction, Tec-Solutions is responsible for upholding
the highest moral and professional standards, and in our dealings with
clients, business partners, and coworkers, we actively support honesty,
openness, and justice.
Stakeholder Trust and Reputation:
We are aware that our partners', stakeholders', and clients' confidence and
trust are crucial to maintaining our reputation. Therefore, we pledge to
conduct ourselves in a manner that adheres to moral business ethics and
enhances the standing of our company and with a focus on customer
satisfaction and safety, we strive to provide top-notch products and services.
For Tec-Solutions, the code of conduct is crucial for a number of
reasons:
Confidentiality and Data Security:
The need of maintaining confidentiality and data security is
emphasized by the code of conduct because Tec-Solutions handles
sensitive customer information.
By following these rules, we can protect our clients' personal data
from illegal access and other security lapses.
Professionalism and Ethical Conduct:
The code of conduct aids in ensuring that employees perform
honorably and uphold ethical standards by establishing criteria for
professionalism and conduct.
This fosters a favorable work atmosphere, fosters stakeholder trust,
and improves Tec-Solutions' standing in the sector.
Stakeholder Trust and Reputation:
By defining norms for conduct and professionalism, the code of
conduct helps ensure that workers carry out their duties with
integrity and uphold ethical standards.
This boosts Tec-Solutions' reputation in the industry, develops a
positive work environment, and fosters stakeholder trust.
Finally, by adhering to well-known industry resources and best practices,
Tec-Solutions can make sure that the code of conduct appropriately answers
the particular demands of the business while remaining compliant with
moral principles and statutory obligations(Lighthouse, 2013).
References
Corporate Finance Institute (2023).
What is code of ethics:
https://corporatefinanceinstitute.com/resources/esg/code-of-ethics/
Lighthouse (2013). Developing a Code of Conduct:
A Step-by-Step Guide" by
Ethics
and
Compliance
Initiative.
https://www.lighthouse-
services.com/documents/Developing%20a%20Code%20of%20Conduct
%20[A%20Step-by-Step%20Guide].pdf
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