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2 pages, double spaced, font 12, Times new roman.

Date Posted: 12/04/2020
Category: Business
Due Date: 16/04/2020
Instruction
A company’s corporate culture and behavioral norms are strongly influenced by its core values and the bar it sets for ethical behavior. The culture-shaping significance of core values and ethical behaviors accounts for why so many companies have developed a formal values statement and a code of ethics. Of course, sometimes a company’s stated core values and code of ethics are cosmetic, existing mainly to impress outsiders and help create a positive company image. But more usually a company’s values and ethical standards have been developed to deliberately mold the culture and communicate what actions and behaviors are expected of all company personnel. Many executives want the work climate at their companies to mirror certain values and ethical standards, partly because they are personally committed to these values and ethical standards but mainly because they are convinced that adherence to such values and ethical principles will improve strategy execution, make the company a better performer, and positively impact its reputation. And, not incidentally, strongly ingrained values and ethical standards reduce the likelihood of lapses in ethical and socially approved behavior that mar a company’s public image and put its financial performance and market standing at risk 1. Using IBISWorld or valid source 2. In an industry of your choice 3. Research two companies Governance and Ethics statements 4. Compare the two companies and in your own words explain the difference in culture between the two organizations. 5. Cite sources
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