Business Ethics used in PepsiCo - 1643 Words

Business Ethics Business ethics is a topic that is often on the forefront of media and journalism reports in the United States of America today. To someone that doesn’t have a background in business, or a general understanding of the business world, these reports can be cumbersome and hard to follow. One must first understand what business ethics actually are. Dictionary.com defines business ethics as the study and examination of moral and social responsibility in relation to business practices and decision-making in business (dictionary.com). Once one understands the meaning of business ethics, they often wonder what major companies do to stay ahead of the curve, and excel in the area of business ethics. Sadly, it seems as if the†¦show more content†¦PepsiCo has been partnering with the World Health Organization to find new ways to improve the diets of consumers while promoting physical activities. When looking at PepsiCo’s promotion of human sustainability, it is evident tha t PepsiCo values their consumers, which is valued and ethical. PepsiCo much like any other well respected company, complies with the regulations that are determined by the SEC (Securities and Exchange Commission). PepsiCo demonstrates their SEC compliance through their hiring of an independent registered public accounting firm. PepsiCo utilizes the well-known and respected accounting firm Klynveld Peat Marwick Goerdeler which is more commonly referred to as KPMG. KPMG is one of the largest professional services firms in the world and one of the Big Four auditors. The Big Four auditors are KPMG along with PricewaterhouseCoopers, Deloitte, and finally Ernst and Young. KPMG’s global headquarters are located in the Netherlands . By employing an outside source, PepsiCo allows the auditing firm KPMG to clearly analyze their numbers, ultimately making independent judgments for the soft drink company. KPMG complies with the laws and guidelines that are set up by the Securities and Exchange Commission through a published report to the SEC that is created quarterly and annually for PepsiCo. The reports that areShow MoreRelatedHow Can an Emphasis on Ethics and Social Responsibility Improve Profits and Benefit a Business?1243 Words   |  5 PagesGroup 1_PepsiCo April 3, 2013 HOW CAN AN EMPHASIS ON ETHICS AND SOCIAL RESPONSIBILITY IMPROVE PROFITS AND BENEFIT A BUSINESS? Introduction Until a few years ago, most companies had not cared so much about ethics and social responsibility. They only focused on cost and margin to increase their profits. However, nowadays, many successful companies and businessmen have their own foundation and do some good things, for example, the Ford Foundation has allocated millions of dollars for cancer researchRead MorePepsico Ethics and Compliance1533 Words   |  7 PagesPepsiCo Ethics and Compliance FIN/370 – Finance for Business PepsiCo Ethics and Compliance PepsiCo Inc. is a world leader in the beverage and snack food industry. Founded in 1965, the company has grown to become a household name. PepsiCo employs more than 285,000 employees worldwide, and has revenues of more than $60 billion (Our History, 2011). PepsiCo prides itself on social and environmental responsibility, and maintains a commitment to ethical business practices. 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The corporation has around 274,000 employees and PepsiCo is regarded very highly on multiple Forbes lists and is extremely p opular around the globe. The company PepsiCo was establishedRead MoreMkt 421 Week 5 Individual Essay1167 Words   |  5 PagesFactors Affecting Marketing Decisions Management is faced with many decisions when considering the environmental factors that affect marketing. This includes global economic interdependence, demographics, cultural differences, social responsibility, ethics, and technology. It is imperative for a company to understand how these factors can greatly affect the outcome of a company’s marketing plan. Today’s globalization of companies has led to an economic interdependence that influences the decisionsRead MoreEthics in Pepsico4416 Words   |  18 PagesETHICS-COMPANY PEPSICO Ethics Business ethics is the accepted set of moral values and corporate standards of conduct in a business organization. These standards of business behavior promote human welfare and the good. Business ethics are exhibited both as written and unwritten codes of moral standards that are critical to the current activities and future aspirations of a business organization. They can differ from one company to another because of differences in cultural perspectives, operationalRead MoreThe Ethics Of The Advertising Industry1320 Words   |  6 Pageson the ethics of the advertising industry. Some questions will be answered like: should companies be allowed to collect/sell client’s info? Should targeted online advertising on the basis of user’s profile and demographics? Should there be a ban the sale of surveillance technology to non-democratic countries? Keywords: targeted online advertising, surveillance technology, non-democratic countries, false advertising, ethical theories, code of ethics. Ethics in the Advertising Industry. Ethics is aRead MoreCode of Ethics Conduct Coca-Cola Company3157 Words   |  13 PagesChallenges in the Global Business Environment Code of Ethics Conduct Coca-Cola Company Richard Bonds Dr. J. A. Anderson, Sr. Date May, 31 2014 Abstract Coca-Cola Company or Coke s the largest distributor of soft drinks in the world. Businesses such as Coke and other corporations set a strict code of ethics laws to live by and operate upon. This paper will illustrate the code of ethics of Coke the industry leaders and two of its partners/competitors PepsiCo and Dr. Pepper/Snapple CoRead MoreEthical Decision Making Ethical Decisions Essay1088 Words   |  5 PagesAbstract Ethics is defined as the moral principles, values, and beliefs that a person uses to interpret a given situation and then decide the appropriate course of action based on these values (Jones). When we think about ethics, we usually think of honesty and doing the â€Å"right thing.† Ethics is an important facet in any business environment. When a company behaves ethically in communicating with its stakeholder, both internal and external, the organization gains trust and is able to build a strongRead MorePepsico Case8696 Words   |  35 PagesDaniels Fund Ethics Initiative University of New Mexico http://danielsethics.mgt.unm.edu PepsiCo’s Journey Toward an Ethical and Socially Responsible Culture COMPANY OVERVIEW PepsiCo is one of the largest food and beverage companies in the world. It manufactures and sells eighteen brands of beverages and snack foods and generates over $98 billion in retail sales. PepsiCo encompasses the Pepsi Cola, Frito-Lay, Tropicana, Quaker, and Gatorade brands and offers products in over 200 countries. It

What Made Non Violence Work - 1350 Words

What Made Non-Violence Work? While when discussing the history of the world’s power forces, violence makes for stimulating discussion, other tactics were put to good use, one of these alternatives being non-violence. With the guidance of three worldwide heroes - Mohandas Gandhi, Martin Luther King Jr., and Nelson Mandela - with contagious optimism and high spirits, it became apparent just how much of a difference could be made carried out through non-violent terms. Mankind was introduced to another way to resolve major problems just as effectively, if not more, than violence could. Mohandas Gandhi was the first recorded individual to adopt a non-violent method based form for change. His primary objective was for people of all ethnicities and social class to live freely amongst each other, even those inflicted upon by India’s ancient caste system. Gandhi’s efforts mostly called for a change to the life of those considered to belong to a lower class. As a very well educated individual, he disowned his sophisticated attire and embraced poor man’s traditional loincloth, making his own clothes and doing his own chores. In the process of fighting for equality, Gandhi was arrested, imprisoned, and physically abused on several occasions throughout his life. These encounters gave him the title of a visionary and a leader to many, including friends, and eventually fellow members of the Indian and South African community. â€Å".....India’s prestige is in your hands.Show MoreRelatedWhat Made Non Violence Work1154 Words   |  5 PagesGandhi and Mandela: What Made Non-Violence Work? Background Essay The history of violence in the world is well documented. However it is also possible to use non-violence to bring about change. This DBQ will look at two countries where a non-violent movement was successful. Historic Context India and South Africa were two important nations on two different continents. But although they looked strong on the outside, each one suffered from a disease that threatened the health ofRead MoreGandhi, King and Mandela: What Made Non-Violence Work?797 Words   |  4 PagesMandela: What Made Non-Violence Work? All through history governments and empires have been overthrown or defeated primarily by the violence of those who oppose them. This violence was usually successful however, there have been several situations, when violence failed, that protesters have had to turn to other methods. Non-violent protesting never seemed to be the right course of action until the ideology of Mohandas Gandhi spread and influenced successful protests across the world. Non-violentRead MoreCesar Chavez and La Causa809 Words   |  3 PagesDuring the years of the Great Depression, Asian and Mexican immigrants had to take up the agricultural jobs in the United States. These immigrants made up the majority of the poor and faced problems with immigration, taxes, and the labor system, along with racial discrimination and a sense of inequality within society (Tejada-Flores, â€Å"The United†) Workers were surviving on 90 cents per hour with an addition of 10 cents per basket gathered for working in the fields and worked in poor environmentsRead MoreMartin Luther King vs. Malcolm X Essay825 Words   |  4 Pagescivil rights speakers in the United States was Martin Luther King Jr. and Malcolm x. Both of these men had two very different views on what they thought would be the best way for blacks to get equality. Martin Luther King Jr. believed in his main philosophy which was non violent resistance. Martin used the teachings from Ghandi to teach African Americans how to use non violent resistance as a way to earn equality. He also believed that blacks should try to find common ground between them and the whiteRead MoreReligion and Violence Essay examples1081 Words   |  5 PagesConflict and violence is around us throughout the world and the mass media has made a huge impact of what we think of violence and the relation to religion, especially in the last couple of years. In addition violence has been considered as being part of human nature and comes from our biological struct ure of aggression. It is an out let for us to relieve stress levels and some believe that it can be a device of vengeance and a positive mechanism to human survival. For example it is a system forRead MoreCivil Disobedience By Henry David Thoreau1384 Words   |  6 Pagesand nonviolent opposition. The question is which of these is more appealing than the other. In violent protest, citizens protest against their opposition with violence such as; rioting, vandalizing, arson, assault, and many other forms of violence. 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It is true that we were born into different lifestyles yet we do not know much about ourselves, especially how we, oppressed people, can deal things in a non-violent resistance. According to Martin Luther King’s Three Ways of Meeting Oppression, he reveals how we can deal with our oppression in three characteristic ways – non-violent resistance, violent resistance and acquiescence. He believesRead Morethe person I admire most1743 Words   |  7 Pagesgaining the freedom of India. Mahatma Gandhi gave the Indian People not only freedom but also the new thoughts on non-violence and sustainable living. There are some qualities about him like trust, non-violence, legacy, etc. These qualities are the ones that inspired me. He said that â€Å"If my faith burns bright as I hope it will even if I start alone, I shall be alive in grave and what is more speaking from it†. Mahatma Gandhi was born on October 2, 1869 in small town named Porbander. 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Importance of Interpersonal Communication Free Essays

Interpersonal Communication Effective interpersonal communication helps us express ourselves and share our thoughts and opinions with the people around us. Learn how this effects different areas of our lives, especially in our workplaces. Ads by Google Happy Marriage Secrets    Want to Fireproof Your Marriage? Do Marriage God’s Way   BiblicalCounselingInsights. We will write a custom essay sample on Importance of Interpersonal Communication or any similar topic only for you Order Now com Enlarge ImageTo effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others. ~ Anthony Robbins Interpersonal communication is the process that helps us express our feelings, ideas, and thoughts and share them with the people around us. Efficient interpersonal communication is a very good quality that helps people in every aspect of life be it personal or professional. It is the process where a person expresses his thoughts, converts the thoughts into a well designed message and sends the message across a communication channel (oral, visual, written, etc) and the receiver receives the message and responds to the message and sends his reply via the communication channel. Interpersonal communication can be a formal dialog between two people at a workplace, or even an informal tete-a-tete between two friends. Communication can occur with or without words and through a number of communication media. 1. Oral Communication (Speaking face-to-face or on the phone) 2. Written Communication (Writing emails, letters, instant messaging and texting) 3. Visual Communication (Body Language or sign language) Factors that Determine the Efficiency of Communication 1. Clarity of Message: The way in which the sender presents a message plays an instrumental role in the success or failure of the communication process. A message should be formulated taking into account the receiver’s frame of mind and simple message formulation that conveys the correct meaning. 2. Communication Channel: Choose the right communication channel according to the situation and the receiver. For example think whether in a particular situation having a face-to-face conversation would be a better option instead of speaking on the phone, or writing an email. . Rapport between Sender and Receiver: If the sender and the receiver share a common background and have faced similar experiences, it increases the mutual understanding level and hence enhances the outcome of the communication process. The development of rapport will depend on the educational background, social background, family upbringing and the kind of experiences the person has come across. Styles of Interpers onal Communication There are various styles of this form of communication and that we adopt into our lives depending on how we need it. Controlling Style The controlling style is actually a style of interpersonal communication wherein the sender leaves little or no room for the receiver to provide feedback or reply. People who are generally senior in workplace hierarchy use it to communicate with their subordinates and although this style might prove to be an efficient form of communication during crisis situations, it can intimidate the receiver or the audience and can actually create a communication gap. Egalitarian Style The Egalitarian style is much more efficient than the controlling style since it facilitates healthy two-way communication wherein information is shared mutually. This style of communication encourages the participants to express their ideas and hence creates a cooperative and healthy atmosphere. Structuring Style The structuring style is generally used to communicate specific goals and bring coordination to an organization. To avoid making this a one-way conversation it is always better to modify this style and keep it more open to responses from the audience. Dynamic Style This is style is a high-energy approach which involves use of motivating words and phrases to encourage the person to get inspired and achieve a certain goal. However this style cannot function when the receiver does not have enough knowledge about the required action desired out of him/her. Relinquishing Style The relinquishing style is highly open for ideas to the extent that it can transfer the responsibility of the communication to the receiver. This style of communication works well when the sender and the receiver are equally interested in carrying the conversation ahead. Withdrawal Style It is ironic to call this process a style of interpersonal communication since the withdrawal style is basically the failure or lack of communication. This is a style is where a person shows complete disinterest to participate in the communication process or carry it forward. By Uttara Manohar Last Updated: 9/30/2011 Ads by Google Knowing your Personality    Most detailed Personality Assessment on the Internet   www. personalitybook. com Leading M-Wallet Platform    TagPay powers mobile money services in over 30 countries worldwide. www. tagattitude. fr Free Training Materials    Instant Download, Trainer Resources Training Games, Exercises and Tools   www. trainerbubble. om Elite Process Service    Colorado Springs Pueblo Canon City ;amp; All Of Colorado 719. 362. 5556   www. processservicecolorado. com communicating    Wanna guilin tours info? Here it is credit-based, keep improving. www. guilinprivatetours. com Plastic Recycling Line    Plastic Recycling Line High Quality,Low Price,Inquire Now! www. PuRui-China. com Marriage With Foreign Men    Foreign Men Seek African Ladies For Dating ;amp; Marriage. Join F ree Today! KenyanCupid. com/Marriage Read more at Buzzle:  http://www. buzzle. com/articles/interpersonal-communication. html Interpersonal Relationships at Work Interpersonal relationships at work are really important for carrying out the daily processes with effective communication and understanding among employees†¦ Ads by Google Team Coach Training    Certified coach training in Joburg 19-20 Nov – track to ICF credential   www. enterprisecoach. co. za/ICF-cert A cardinal principle of Total Quality escapes too many managers: you cannot continuously improve interdependent systems and processes until you progressively perfect interdependent, interpersonal relationships. – Stephen R. Covey In today’s corporate world, there is a need for work to be done as quickly as possible. And for this purpose, working professionals need to have good relations between each other. Healthy professional relations can be maintained by effective workplace communication and teamwork. Interpersonal relationships gradually develop with good team participation and communication with other members. On the other hand, these relationships may deteriorate when a person leaves the group and stops being in touch. In order to create and maintain these relationships , you need to consider some simple, yet significant aspects. Importance of Interpersonal Relationships at Work You can say that everything at the office depends on good relationships between employees and the management. Interpersonal relationships are absolutely essential, as they help workers to have a mutual understanding between themselves. The main benefit is that they work in a team. And it is a proven fact that if you need to reach a goal or a target in your process, you necessarily have to work together in a team. If there are healthy interpersonal relationships in the team members, they certainly tend to work collectively towards the prescribed goal. Teamwork also contributes a lot to a healthy work environment. Employees feel good to work if there is a favorable environment at the workplace. If employees have a mutual understanding with each other, there are very less chances of any kind of workplace conflicts. It is also been observed that strong interpersonal relationships lead to motivation among employees. Using Interpersonal Skills at Workplace Communication is one of the most crucial interpersonal skills to be practiced at the workplace. Without effective interpersonal communication, there will not be a smooth and clear flow of ideas, resulting in confusion. A true professional will always talk to other executives, with looking directly into the eyes. Always smile when you speak with others, in a face to face talk or even on the phone. The smile will make others comfortable and it will also be apparent in the tone while on the phone. While you speak, make sure your tone is humble and not authoritative, even if you are the boss. Consider helping your colleagues a privilege, with always being happy to help. A very effective way of maintaining healthy interpersonal relationships is to appreciate the efforts in front of everyone. Honoring and considering suggestions and views of other members in the team is a very good method of teamwork. When communicating with other executives, it is fine if you add a bit of humor to the scene, just to release the stress and tension involved. Make sure you do not get involved in the blame game. Always ensure that you stick to what you said you will do. Fulfilling commitments is one major aspect that you will have to consider in creating good business relationships. It is a good idea to share what you recently accomplished and found out. This creates a feeling of openness among the team members. One important point to note is that you will only be satisfied with your job if there are healthy interpersonal relationships at work. By Stephen Rampur Published: 7/13/2010 Ads by Google Happy Marriage Secrets    Want to Fireproof Your Marriage? Do Marriage God’s Way   BiblicalCounselingInsights. com How to be a Pilot    Commercial, Private Pilot Training Accredited Pilot and Flight School   EpicFlightAcademy. com Read more at Buzzle:  http://www. buzzle. com/articles/interpersonal-relationships-at-work. html How to cite Importance of Interpersonal Communication, Papers