WGU C206 Task 3|Latest Update with Complete
Solution
A. Choose a company’s code of ethics from the Web Links section below and analyze that
company’s code of ethics by doing the following:
1. Analyze how well the chosen company’s code of ethics covers the topic of corporate
social responsibility (CSR).
Target is the business selected for this analysis of its code of ethics. The corporate
social responsibility topic is well covered across the full code of ethics at Target.
They display CSR, for instance, by operating ethically, upholding consumer and
employee confidence, respecting every person who contributes to Target's business
model's success, and demonstrating its commitment to the general public.
2. Analyze how well the chosen company’s code of ethics covers the topic of compliance
with legal mandates.
Target respects the law by abiding by government and environmental regulations. The
company addresses preventing bribery, giving accurate financial statements,
competing fairly, avoiding money laundering, and correct timecard reporting, all of
which are covered under its code of ethics. Target avoids corruption by abiding by all
anti-corruption legislation. Employees are forbidden from authorizing, providing, or
paying bribes to anyone. Employees are strongly urged to report any suspected
bribery since they are trained to identify financial misconduct in all varieties of forms.
By adhering to all guidelines created and enforced by the Securities and Exchange
Commission, Target provides one of the most comprehensive and accurate financial
information and is always available. To ensure the data provided is correct and
complete, they adhere to all external and internal procedures. (“Our commitments |
Target Corporation,” n.d.).
, a. Describe the ramifications for an organization when it is noncompliant with legal
mandates.
If or when a company violates any legal requirements set forth, there will be
numerous ramifications. Any corporation deemed determined to conduct business
in an unethical manner may be subject to fines that will be very expensive and
embarrassing. It does not matter if a business is directly/indirectly connected to
the behavior, it may be punished if it is discovered that it is engaging in business
with a convicted corporation of acting unethically. Having just an association with
a dishonest business could harm the company's standing and earnings. Last but
not least, severe non-compliance may result in a company's closure.
b. Describe two policies the chosen company has in their code of ethics to ensure
employees behave legally and/or ethically.
Target uses auditors to ensure that the organization conforms to the areas where
the audits are conducted. Target uses both internal and external audits.
Target is aware of the power of language in our current global environment and
how a few incorrect statements could harm its reputation.
Employees must always communicate with their fellow employees in a respectful
manner, keep their opinions private, and do not provide any non-public
information and they are urged to report any suspicious behavior.
3. Analyze how well the chosen company’s code of ethics facilitates the development of an
ethical culture.
Solution
A. Choose a company’s code of ethics from the Web Links section below and analyze that
company’s code of ethics by doing the following:
1. Analyze how well the chosen company’s code of ethics covers the topic of corporate
social responsibility (CSR).
Target is the business selected for this analysis of its code of ethics. The corporate
social responsibility topic is well covered across the full code of ethics at Target.
They display CSR, for instance, by operating ethically, upholding consumer and
employee confidence, respecting every person who contributes to Target's business
model's success, and demonstrating its commitment to the general public.
2. Analyze how well the chosen company’s code of ethics covers the topic of compliance
with legal mandates.
Target respects the law by abiding by government and environmental regulations. The
company addresses preventing bribery, giving accurate financial statements,
competing fairly, avoiding money laundering, and correct timecard reporting, all of
which are covered under its code of ethics. Target avoids corruption by abiding by all
anti-corruption legislation. Employees are forbidden from authorizing, providing, or
paying bribes to anyone. Employees are strongly urged to report any suspected
bribery since they are trained to identify financial misconduct in all varieties of forms.
By adhering to all guidelines created and enforced by the Securities and Exchange
Commission, Target provides one of the most comprehensive and accurate financial
information and is always available. To ensure the data provided is correct and
complete, they adhere to all external and internal procedures. (“Our commitments |
Target Corporation,” n.d.).
, a. Describe the ramifications for an organization when it is noncompliant with legal
mandates.
If or when a company violates any legal requirements set forth, there will be
numerous ramifications. Any corporation deemed determined to conduct business
in an unethical manner may be subject to fines that will be very expensive and
embarrassing. It does not matter if a business is directly/indirectly connected to
the behavior, it may be punished if it is discovered that it is engaging in business
with a convicted corporation of acting unethically. Having just an association with
a dishonest business could harm the company's standing and earnings. Last but
not least, severe non-compliance may result in a company's closure.
b. Describe two policies the chosen company has in their code of ethics to ensure
employees behave legally and/or ethically.
Target uses auditors to ensure that the organization conforms to the areas where
the audits are conducted. Target uses both internal and external audits.
Target is aware of the power of language in our current global environment and
how a few incorrect statements could harm its reputation.
Employees must always communicate with their fellow employees in a respectful
manner, keep their opinions private, and do not provide any non-public
information and they are urged to report any suspicious behavior.
3. Analyze how well the chosen company’s code of ethics facilitates the development of an
ethical culture.
