The Principle Of The Global Business Standards Codex

Responsiveness Principle The final underlying principle of the Global Business Standards Codex is the responsiveness principle. This is the belief that employee’s have a responsibility to give requested information by the stakeholders about the business operations and respond to any suggestions the stakeholders may have to improve the company. This principle also sets the expectation that all goods and services offered will exceed the expectations of the customer. If there are any complaints about the product, employees must uphold the duty to respond in a timely manner. It also applies to any issues raised by employees inside the company, suppliers, stakeholders, and the community around the business. To interpret this principle, Christian ethics always encourage people to be responsive to those in need. When Jesus walked this earth he was very responsive to the request of his people. As Christians we look to God in our prayers, we interpret that he responded by the positive change that occurs in our life. When things don’t change or get better people lose faith in their worship. As an employee you have a duty to respond to your customer or they will lose the need for your product or service. General Motors Incorporation of the Codex Principles The auto industry has had its troubles over the past decade and caused so many problems for the economy of the United States. It caused millions to lose their jobs and caused severe damage to the local economies in which they hadShow MoreRelatedCompare and Contrast the Guiding Principles of the Global Business Standards Codex and the Mixed Framework Principles.764 Words   |  4 PagesCompare and contrast the guiding principles of the Global Business Standards Codex and the Mixed Framework principles. Global business standards codex captures eight major underlying principles in which ethical behavior can be interpreted and evaluated. The eight ethical principles are fiduciary, property, reliability, transparency, dignity. fairness, citizenship and responsiveness. Fiduciary Principle. As part of the legal structure of a business organization, each officer and director of a companyRead MoreUsing Three Principles of the Global Business Standard Codex, Evaluate the Use of Child Labour in a Global Economy.1987 Words   |  8 PagesAssignment Cover Sheet 200336 Business Academic Skills School of Business Student last name: | Limpradermthum | Student first name: | Kanokwan | Student number: | 17333971 | Unit name and number: | 200336 Business Academic Skills | Workshop day: | Tuesday | Workshop time: | 12:00-13:00 | Workshop room: | EB.G.36 | Workshop tutor: | Ken Grundy | Title of assignment: | Essay Development | Length: | 500 words plus references | Date due: | In Workshop Week 11 (beginning 6 May) | Date submitted:Read MoreBy Using Corporate Social Responsibility (Csr) the Tobacco Industry Is Seeking to Change Their Unethical Public Image. 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