Evaluation of a Business Code of Ethics Essay

Words: 1258
Pages: 6

Evaluation of a Business Code of Ethics, The Hershey’s Company

PHL/323

Mission Statement Hershey’s Mission Statement noted here, (Social- Responsibility/Marketplace) “Bringing sweet moments of Hershey happiness to the world every day,” Provides the focus of all operations within the Hershey’s Company. Although Hershey’s mission statement provides a simple goal that encompasses acknowledgment of global market share with the sweet moments of happiness provided in every aspect of Hershey’s daily

Possessing a positive company image instills trust in anyone who sees the Hershey’s logo. This positive identity provides favorable opportunities not otherwise likely. To Stockholders Hershey’s growth and success reflect solid financial practices involving strategic utilization resources made available by its stockholders. Hershey’s responsibility to its stockholders involve creating a favorable corporate ethical identity to provide continued growing trust to attract future investors while adhering to ethical business practices and remain focused on fiscal responsibility to its stockholders best financial interests. This demonstrates a duty-based ethical system as noted by (Treviño & Nelson, 2007, Ch. 4),”Regardless of consequences, certain moral principles are binding, focusing on duty rather than results or moral obligation over what the individual would prefer to do “. Hershey’s understands legalistic and contractual demands and the resulting obligations that result from the investments of stockholders. This duty-based ethical system benefits from the other moral perspectives provided within other ethics systems to succeed. Financial interests of stockholders stand to reap benefits of moral perspective that demand virtue to do the right thing in global practices while