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The Power of Selling, 2010a

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57. [55] John C. Maxwell, <strong>The</strong>re’s No Such Thing as “Business” Ethics (New York: Center Street, 2003).<br />

58. [56] “Ken Lay’s Final Act,” New York Times, July 6,<br />

2006,http://www.nytimes.com/2006/07/06/opinion/06thurs4.html (accessed September 1, 2009).<br />

59. [57] Sir Michael Rake, “Setting the Right Tone at the Top,” Leading by Example (Cambridge, MA: Harvard<br />

Business School Press, 2007), 9–11.<br />

60. [58] David Towers, “An Investigation into Whether Organizational Culture Is Directly Linked to Motivation<br />

and Performance through Looking at Google Inc.,” extended essay, <strong>The</strong> University <strong>of</strong> Birmingham, <strong>The</strong><br />

Birmingham Business School, 2005–<br />

6,http://www.towers.fr/essays/culture%20performance%20and%20motivation<br />

%20review%20and%20the%20google%20case%20study%20success.pdf (accessed September 1, 2009).<br />

4.2 Policies, Practices, and Cultures<br />

LEARNING OBJECTIVE<br />

1. Identify how company policies reflect business ethics.<br />

You might be wondering how a company provides guidance to all employees about what behavior it<br />

expects from them. Imagine a global company like Wal-Mart, which has over two billion employees<br />

worldwide. [1] How do all the employees know what is considered ethical behavior by the company?<br />

Can they take as much time as they want for lunch? Are they able to take <strong>of</strong>f as many days as they<br />

wish? What expenses qualify for reimbursement? All the policies <strong>of</strong> a company are included in<br />

its employee handbook.<br />

Employee Handbooks: Your Practical, Pr<strong>of</strong>essional How-To<br />

Every company has a highly specific code <strong>of</strong> ethics governing the actions <strong>of</strong> its employees. This manual,<br />

the employee handbook (sometimes called the code <strong>of</strong> ethics or code <strong>of</strong> conduct or other similar name),<br />

outlines the company’s policies concerning gift giving, nondisclosure <strong>of</strong> company information, and other<br />

areas <strong>of</strong> behavior. Starbucks’ code <strong>of</strong> ethics, Business Ethics and Compliance: Standards <strong>of</strong> Business<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

158

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