Opportunities and challenges of conducting business


Assignment:

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A Code of Ethics is a very important part of an organization's Social Responsibility. "Since the 2002 Sarbanes-Oxley legislations, any publicly held company is required to create its own code of ethics to deter wrongdoing and to promote ethical behavior".

(Source: https://www.12manage.com/description_code_of_ethics.html).

Search the Internet for the following terms: "Sarbanes Oxley Code of Ethics" to find the SOX definition of a "code of ethics" and the requirements to meet the code.

Search the Internet for three publicly held companies and find their respective "Code of Ethics."

Review the three different codes and write a four to five page paper on the following:

Question 1. What was in each respective code?

Question 2. Is the code adequate to what the Sarbanes Oxley Act was requesting? Justify your answer.

Question 3. If each of these publicly held companies were to conduct business globally, what business or cultural challenges would be best handled by the respective codes?

Question 4. Identify what may be missing in the respective codes that would assist the company in conducting business globally.

Include a reference list. All research to be cited in the body of the document. Reports without citations will not earn as much credit report to contain an abstract, a short introduction, and conclusion in addition to the body of the paper. If a source in reference section, need to cite it in the body of the paper per vice-versa, per APA guidelines.

Objective:

1. Describe the opportunities and challenges of conducting business in other countries.

2. Explain how specific elements of an organization's culture can be leveraged by leaders to enhance organizational success.

3. Define the role of ethics and social responsibility in business.

Recognize situations that present potential ethical and legal issues and develop solutions for those issues.

Please include and cite all references.

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Business Law and Ethics: Opportunities and challenges of conducting business
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