Business Ethics Code of Ethics and Business Conduct

Researchers find that an organizations culture is a good indicator of the business profit that the corporation produces and that corporate integrity is a core aspect of culture. This article provides you with a complete understanding of what business ethics entails and reflects its relevance for any business and why it should be integrated into any enterprise. This article addressed the most relevant elements and attributes that can be contained in the code of conduct to have a clearer understanding of its significance and what should be prevented as it is regarded. The code of conduct of the United Nations World Food Program has been contrasted to a code of conduct utilized by a local corporation to demonstrate the shortage of features required in Lebanon. To reflect the use of code of conduct in small and medium-sized enterprises in Lebanon, phone call surveys were carried out. Just 12% of them have a written code of behavior. The position of H.R. divisions and management is quite important for every company continuity. It is their duty and obligation to determine their employees ethical behavior

Access to Financial Services and Women Empowerment, through Microfinance eligibility

The new movement of microfinance backs to the foundation of Grameen Bank in Bangladesh by Professor Muhammad Yunus in 1970. Since then, Microfinance is considered as an effective and powerful tool in poverty eradication, especially in developing countries. It helps the entrepreneurial poor, especially women, by facilitating the access to financial resources and provides a better life condition by increasing the household revenues and job creation for them. There is increased recognition of the importance of empowering poor people and helping them to become more productive in society they are living. Poverty alleviation can be achieved by increasing the access of the poor to all factors of production, including credit. Enhancing the quality of life of the poor so that they can have a sustainable future is not just a social responsibility of the governments and NGOs. Still, it is a prerequisite for global peace and development. This paper aims to describe the concept and the importance of Microfinance over the living standards and women empowerment under the complicated political and economic situation using previous Literature Reviews. In the end, our findings showed that people tend to have a positive perception of Microfinance. However, most perceive microfinance as the process of just providing loans without specifying for whom it is intended. We advise that the government introduces laws to regulate the microfinance market

The Effects of Tools and Rewards Provided to White-Collar and Blue-Collar Workers and Impact on Their Motivation and Productivity

We are sure about inspiring white-collar employees who do technical, managerial, or administrative work and are defined as qualified manual workers in the middle class. Motivation usually plays an important role in the workforce and influences workers efficiency, happiness, absenteeism, relocation, and citizenship actions. Job is carried out in a workplace by white-collar employees, and they are often searching for advancement and professional growth. Blue-collar employees have little management position and are not even linked to increasing professional advancement. They also have no precise occupation to associate their personality with their jobs. They will not be satisfied with their employment. I thought that it was important to establish a plan to improve employees morale from my point of view. It is a complicated and often messy query since it cannot be solved immediately. Many workers have diverse outlooks and characters, and what motivates X does not inspire Y. The dynamic phenomenon here is recognizing and anticipating the driving factors that will satisfy and inspire any employee in the job. We also hope that this paper allows the management team to understand their workforces ability to improve its efficiency and maximize their employees satisfactio

Budgeting Your Company into A Corner How Budgets Shackles A Company

The concept of budgeting has been the subject of debates between scholars in the business world for decades. This paper tends to shed light on the definition of budgeting. It impacts whether it be positive or negative on a company, the numerous purposes of budgeting and how the concept has evolved throughout the years in a unique way that has never been tackled before. Various scholars and business minds have contributed in the development of this concept for it to reach a point where it was once thought as an essential part of every company whether it be a large multinational company or a small family-owned business; everything needs to be budgeted for from the first screw used to the planned expansion into new markets, and even the yearly objectives of employees. This paper will evaluate the purposes of a budget while clearly stating the limitations of each one of them and providing primary and secondary data and research, along with interviews with top financial managers with years of experience to back up the hypothesis provided

Making a difference through Internal Audit Leadership and Enterprise Risk Management

The common viewpoint of the internal accounting activities must be rejuvenated. It is about performing the conventional audit, but rather a wider outlook and a much greater position in improving organizations strategic priorities. Furthermore, considering their indispensable critical position in controlling enforcement, performance, and efficiency, it is different than everybody thinks of external auditors (CPAs) that execute a financial and accounting audit. The internal audit is an impartial, analytical assurance and advisory service intended to add value and optimize a companys activities. The internal audit covers a broad range of forms, such as the audit of conformity, organizational audit, financial audit, I.T. audit, economy and performance auditing, environmental audit, etc. How does the transition from a classical point of view of human resource management to a modern view of human resources experts core position as strategic collaborators turn the internal audit into a strategy analyst, display leadership, and deeply build a direction within organizational risk management? The study would also discuss data and interpretation and hypotheses to offer a deeper explanation and change stakeholders perceptions