Ethical and Socially Responsive Business

ETHICAL AND SOCIALLY RESPONSIVE BUSINESS STUDENT PROFESSOR COURSE DATE A code of conduct refers to a collection of regulations and rules demarcating the responsibilities of or suitable performances for an individual, party or company. It may also imply the values and standards or rules of behavior that lead the decisions, events and systems of an association in a way that add to the wellbeing of its key stakeholders, and respects the rights of all constituents affected by its operations. The areas that are of significant importance when it comes to the company`s code of conduct, in this case we looking at a restaurant by this name, RUBY TUESDAY, INC., include compliance with the laws, rules, and regulations. This code of conduct is of significant importance since without the employees and other partisans of the company not abiding by the regulations, then commotions and chaos result making governance and control hectic. Some of the regulations relevant to the company include Preventing harassment and discrimination of any kind especially, one involving religion, race, color, gender, age, sexual orientation or nationality. It is unacceptable. Another rule is that of insider trading. It clearly stipulates that it is against RUBY TUESDAY, INC.( RTI`s) insider trading policy for any employee, officer to profit from the material non public information concerning RUBY TUESDAY, INC.RTI (Post, Lawrence, 2002). Improper payments are another rule whereby it is the responsibility of every employee, officer or director of the company to comply with the foreign corrupt practices act and similar laws which prevent the payment of bribes or kick backs. Environmental compliance is another rule that is stipulated in the RTI`s code of conduct. It is stated that it is RTI`s concern to eliminate any hazards from the work environment to provide a health and safe work place. Its thus crucial f...