Mid Term Assignment Fall- 2020

MADE BY: SYED TABISH HASSAN

ROLL NO: 031
BCA 4

Part A: Find any 3 multinational companies of any field. Visit their websites and find the Code of
Conduct and/or Code of Ethics. Critically discuss every point with your input, i.e. which point needs to
be revised and updated, which point needs to be excluded and which one needs to be included etc.

1)KFC:
Introduction:

KFC, founded and also known as Kentucky Fried Chicken, is a chain of fast food restaurants based in
Louisville, Kentucky, in the United States. KFC has been a brand and operating segment, termed a
concept of Yum! Brands since 1997 when that company was spun off from PepsiCo as Trico Global
Restaurants Inc. KFC primarily sells chicken pieces, wraps, salads and sandwiches. While its primary
focus is fried chicken, KFC also offers a line of grilled and roasted chicken products, side dishes and
desserts.

Business principles for employees:

> Stay Informed. Understand and comply with the policies and standards that apply to your job and our
Company;participate in required and voluntary ethics and compliance training sessions; and work with
your colleagues to help others become familiar with the applicable requirements.

> Seek Guidance. This Code does not provide all the answers, and you are not expected to know all the
answers. You are expected to ask for help and consult with others when the appropriate course of
action is unclear to you.

> Stand Firm. Never compromise our standards (or your personal integrity) to meet other goals. If an
opportunity to cut ethical corners presents itself, know that you are expected to do the right thing and
you have the full support of management in doing so.

> Surface the Issues. You have an obligation to speak up if something doesn’t seem right. Don’t assume
that everybody else doing it makes it okay, that management already knows about it, or that someone
else will take care of it. Aside from raising concerns, you are also encouraged to bring forward ideas that
will help us better manage our compliance responsibilities.
 MY INPUT AND RECOMMENDATONS

 Exercise good judgment, moderation and discretion when giving and receiving business
courtesies.
 Understand the rules and laws that might apply before offering or accepting business courtesies,
especially if government officials are involved.
 Choose venues that are appropriate and moderate in cost, such as restaurants, sporting events,
theater or other social or cultural events.
 Notify your supervisor and the Yum! Law Department anytime a business courtesy received,
given or offered violates these standards.
 If in doubt, ask
 Employees should always be guided by the following basic principles:

– avoid any conduct that could damage or risk Nestlé or its reputation

– act legally and honestly

 Do not pay bribes.

 Fair Labor and Employment Practices
 Equal Employment Opportunity / Non-Discrimination

2)SONY:
Introduction:

Sony Corporation commonly known as Sony and stylized as SONY is a Japanese multinational
conglomerate corporation headquartered in, Tokyo. The company operates as one of the world's largest
manufacturers of consumer and professional electronic products, the largest video game console
company, the second largest video game publisher, the second largest record company, as well as one
of the most comprehensive media companies being the largest Japanese media conglomerate by size
overtaking the privately held, family-owned Yomiuri Shimbun Holdings, the largest Japanese media
conglomerate by revenue.

Business Principles:

Code sets forth the basic standards of ethical and responsible business conduct

that must be followed by all directors, officers and employees of Sony ("Sony Personnel" or “we")

in our daily work at Sony. These standards are based on Sony’s ethical values of Fairness, Honesty,

Integrity, Respect and Responsibility that are critical to Sony’s success.

All Sony Personnel must act in accordance with this Code.

“Sony Group” or “Sony” means

(i) Sony Corporation,

(ii) any company where more than 50% of voting rights is owned by Sony Corporation, and

(iii) such other companies as jointly determined by the CEO and Corporate Executive Officer

in charge of Compliance of Sony Corporation to be included

MY INPUT AND RECOMMENDATONS

 Fair Labor and Employment Practices

 Equal Employment Opportunity / Non-Discrimination
 No Forced Labor / Child Labor
 Work Environment - Anti-Harassment / Anti-Discrimination / Health & Safety
 Anti-Corruption
 Environmental Conservation
 Avoid misleading Advertising and Marketing

3. SAMSUNG
Introduction:
Samsung is a South Korean multinational company headquartered in Samsung town, Seoul.
Samsung was founded by Lee Byung-chul in 1938 as a trading company. Samsung entered the
electronics industry in the late 1960s. By 2004 Samsung was the world's-largest manufacturer of
OLEDs, with a 40 percent market share worldwide. Samsung entered the electronics industry in
the late 1960s  By 2004 Samsung was the world's-largest manufacturer of OLEDs, with a 40
percent market share worldwide.
The company focuses on four areas: digital media, semiconductor, telecommunication network,
and LCD digital appliances. The digital-media business area covers computer devices such as
laptop computers and laser printers; digital displays such as televisions and computer monitors;
and consumer entertainment devices such as DVD players, MP3 players and digital camcorders;
and home appliances such as refrigerators, air conditioners, air purifiers, washers, microwave
ovens, and vacuum cleaners.

MISSION:
“We will devote our human resources and technology to create superior products and services,
thereby contributing to a better global society.”
GENERAL ETHICAL BEHAVIOR THAT MUST BE FOLLOWED

PRIVACY:
To respect each ones privacy in terms of new invention.
HONESTY
It is important to take in account the real need of consumers and make sure that they know
everything about the product even if there are some default problems and mistakes.
INTEGRITY
They have to make hard decisions to do what is right for the company and their consumers.
Therefore it is necessary to follow their ethical values to succeed in that.
PRINCIPLE OF TRANSPARENCY
A high level of transparency has to be requested. There should be no discriminations in terms of
culture, talent in the company.

MY INPUT AND RECOMMENDATIONS

• Change people mentality

• Enhance the importance of ethics in the organization
• Take drastic measures against those who act unethically
• Follow their business principles and uphold high ethical standards
• Employees shall actively engage in fair competition and refrain from using deception.

•Communication with customers shall be true and accurate.

Part B: Describe the characteristics and behaviors of someone you believe to be an ethical
person. How could the types of decisions and actions this person engages in be encouraged in
a workplace?

People are ethical because of social norms, religious beliefs and laws. Ethical foundations in an
individual define the way he lives the life by differentiating between right and wrong and behave
in a way which improves the situation directly or indirectly however doesn't harm it at any cost.
Ethics have been defined by relevant governmental and religious authorities for several domains
of life however below article occupies 'blanket' coverage for all norms of life.

1- They are Empathic:

Ethical people have a high degree of emotional intelligence. They understand things from
multiple perspectives covering all the direct and indirect stakeholders.. They seek first to
understand then to be understood. They have strong observatory, listening and analytical skills
to understand things deeply. This quality makes them unique which enables them to win the
trust of others; consequently, people share their problems with them with open heart and seek
their support.
2- They Forgive and Forget:

It requires a brave heart to forgive and forget. Ethical people don't hold grudges for long
duration. They have the tendency to establish peace all the time hence keeping the brawls open
does not suit them. They stay away from such complications and move ahead with life by
forgiving and forgetting the matters.

3- They are Always willing to Help:

Highly Ethical people always want to improve the situation regardless of their relationship with
a person who is in trouble. They take either corrective, preventive or suggestive initiatives for
resolving issues. Corrective approach ensures that the matter is fixed by doing some specific
actions. Preventive approach guarantees that such particular matters do not appear again. They
use preventive approach to reach the root cause of the issue so as to fix it permanently so as to
avoid further frequency of such incidents. Suggestive methodology is used by them for guiding
someone to do some specific act in order to overcome a tragic situation.

4- They are Implosive:

Ethical people are not hyper sensitive or explosive personalities. They possess a cool mind and a
soft heart. They avoid frequent mood swings in order to develop a consistent and stable
personality. They handle indecencies with decency. They know how to ignore hard and harsh
comments and still converse softly. They know how to handle idiotic situations. They have a high
degree of anger management skills which further empowers their implosive personality trait.

5- They Mind Their Own Business:

A lot of people have the habit of having serious curiosity about every other person's life. This
habit causes them to talk about people too much, spreading rumors and scattering false news in
the society without any verification. Unlike those, ethical People do not interfere in others' lives
unnecessarily; they mind their own business. Ethical people understand the fact the character
assassination is equally a great sin so they don't give attention to rumors and focus on crystal
clear matters; and avoid peeping into others' personal matters.

6- They are Flexible and adaptable:

The wise says, it is better to bend than to break. Ethical people possess a great deal of elasticity.
They adapt themselves according to the situation. They don't stick to one mind set. Their
continuous thought process enables them to change their minds easily in order to improve a
situation without making it a matter of ego. They are not stubborn at all instead portray a
flexible behavior in all kinds of tough situations.

7- They Do not criticize:

Too much criticism is the root of several social and professional problems. Ethical people do not
criticize in the first place. In case they need to condemn or criticize something they follow a
positive methodology to approach the relevant person and advice in a way which doesn't hurt
anyone and convey the message in an effective way.