Ethical and Socially Responsive Business
Chipotle Restaurant
Marilynn Dukes
BUS 100
Professor Donna Kilgore Ly
September 14, 2014
Ethical and Socially Responsive Business
Chipotle Restaurant
Many organizations have been destroyed or seriously damaged because of ethics. As the CEO of Chipotle Restaurants and because of recent terminations of a few employees, I want to point out some key areas of our code of conduct that are of significant importance to our business and to our success in the industry. As you read this content, take time to absorb and understand why adhering to our code of conduct is important to the business. I want you to memorize the key steps [outlined below] that this company will take to ensure every
…show more content…
To format a footnote reference, select the number and then, on the Home tab, in the Styles gallery, click Footnote Reference. The body of a footnote, such as this example, uses the Normal text style. (Note: If you delete this sample footnote, don’t forget to delete its in-text reference as well. That’s at the end of the sample Heading 2 paragraph on the first page of body content in this template.)]
Tables
Table 1
[Table Title] Column Head | Column Head | Column Head | Column Head | Column Head | Row Head | 123 | 123 | 123 | 123 | Row Head | 456 | 456 | 456 | 456 | Row Head | 789 | 789 | 789 | 789 | Row Head | 123 | 123 | 123 | 123 | Row Head | 456 | 456 | 456 | 456 | Row Head | 789 | 789 | 789 | 789 |
Note: [Place all tables for your paper in a tables section, following references (and, if applicable, footnotes). Start a new page for each table, include a table number and table title for each, as shown on this page. All explanatory text appears in a table note that follows the table, such as this one. Use the Table/Figure style, available on the Home tab, in the Styles gallery, to get the spacing between table and note. Tables in APA format can use single or 1.5 line spacing. Include a heading for every row and column, even if the content seems obvious. A default table style has been setup for this template that fits APA guidelines. To insert a table, on the Insert tab, click Table.]
Figures
Figure 1. [Include all figures in their own section,
After answering the above question, show in the space below, under the heading References, how you would reference list the information in compliance with APA style rules as a reference (an article listing that would be attached to the end of one’s writing if one were using the article .
Note: [Place all tables for your paper in a tables section, following references (and, if applicable, footnotes). Start a new page for each table, include a table number and table title for each, as shown on this page. All explanatory text appears in a table note that follows the table, such as this one. Use the Table/Figure style, available on the Home tab, in the Styles gallery, to get the spacing between table and note. Tables in APA format can use single or 1.5 line spacing. Include a heading for every row and column, even if the content seems obvious. A default table style has been setup for this template that fits APA guidelines. To insert a table, on the Insert tab, click Table.]
We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”
1[Add footnotes, if any, on their own page following references. For APA formatting requirements, it’s easy to just type your own footnote references and notes. To format a footnote reference, select the
The Cheesecake Factory has been one of the more successful chain restaurants in recent years because they have provided great food and outstanding customer service in a fun atmosphere. The cheesecake factory employs a high standard of general conduct and moral aptitude. As a chief executive officer in today’s society, it is my responsibility to ensure The Cheesecake Factory abides by the laws and ethical duties that are mandated by today’s society. There is a copious amount of benefits to being a chief executive officer, however there is an equal amount of risk as chief executive officers are held liable for almost any action or infraction that their company has induced.
Utilizing this knowledge, we can determine whether the actions of Chipotle qualify it as a socially responsible organization. In studying Chipotle, one would can acknowledge multiple practices that qualify as abiding by the standards of a socially responsible business. Chipotle has made a commitment to provide healthy food ingredients, purchased from local farms that practice humane husbandry, and seeks to execute business in the most environment-friendly means possible (Chipotle). Chipotle has gone beyond industrial norms, and
The Importance of having a code of conduct at Chipotle that will be followed by all employees on a daily basis.
Ruby Tuesday’s vision is to provide great value to their guests and a great working environment for their team members by reflecting their core values of Quality, Passion, and Pride in everything the company does. The company adopted a Code of Business Conduct and Ethics to confirm its commitment to conduct business with the highest integrity.
APA format requires a paper to have a title or cover page. To get started, open Microsoft Word. The library computers will have an icon on the desktop that looks like this:
Running head: APA Formal Research Paper Include a running header (a short title of your paper) only on the title page Type as: Running head: TITLE IN ALL CAPS All additional pages should just have the short title without the phrase Running head Center the title The long title of your paper should include the main idea and scope of your paper The title should be typed in 12 point Times font Do not bold, underline, or italicize the title How to Format a Formal Research Paper Using the APA Citation Style
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Is the deception of consumers worth making a profit? The Ford Pinto, popular car of the 1970s, made a profit off of a vehicle that endangered the lives of hundreds of people. In his essay “Pinto Madness” Mark Dowie, author and Pulitzer Prize nominee, exposed the unethical decisions made by Ford Motor Company. When it came to their customer’s safety and profit for the company, Ford made a decision that led to consequences their customers had to pay the price for. Should the business be held accountable for these actions? In his essay “The Social Responsibility of Business Is to Increase Its Profit” Milton Friedman, powerful economist, discusses what a business should prioritize in the economic system. Friedman declares what a business is responsible for and the guidelines they must follow. Due to Friedman’s view, he would not have condoned the actions and decisions that the executives at Ford Motor Company took.
ITC Ltd has worked exremly hard to start several procedures that have led to compliance of the standards of social responsibility. ITC’s dealings within the tobacco industry have contributed to the increase in company revenues and the company has worked towards following the triple bottom line and giving back to society. Most, businesses pay little attention to their social responsibilities and make it part of their overall strategy, instead they concentrate more on financial benefits from the sales of products. Consequently, managing business in a socially responsive manner contributes to the best combination of business success and societal acceptance, trust and loyalty. Giving back to the community in ways that benefits only society such as planting trees to curb pollution and help the environment or using biodegradable materials in packaging can reap financial benefits to a company by building loyalty among the community. The notion of business ethics and corporate social responsibility is becoming a defining concept in all industries worldwide. ITC believes in the Triple Bottom Line philosophy where the performance and perception of a corporation should not be judged only on the basis of its financial statements or revenues, but its environmental and social performance as well. ITC is one of the only companies in the world to be carbon positive, water positive, and conduct solid waste recycling. ITC provides water to areas where water is very
In today’s world, different types of business have emerged and business operations have become the cornerstone of making a success, however the way in which they are operated is what is important. Most businesses hunt the main objective of making a profit without considering how that might affect other factors of society and that is what in most cases diminishes the longevity of the organisation.