Develop a substantial corporate email to your manager from GenaTech on the importance of mission and vision statements and the code of ethics for a business. Companies such as Google and Microsoft spend a considerable amount of money on their corporate websites to illustrate and describe their company mission, vision, and values. Even small business entrepreneurs are encouraged to formulate mission, vision, and values statements as part of a formal business plan that is shared with banks and angel investors. What is the real purpose of having a mission statement for a business? How does it impact the success of a business? Do you know the mission and vision of your workplace? A code of ethics is also an important guide for businesses of all sizes, especially when the future depends on sustainability for humans and the planet. According to the Ethics Resource Center (2001), a code of ethics serves to: Raise ethical expectations. Legitimize dialogue about ethical issues. Encourage ethical decision-making. Prevent misconduct [while providing] a basis for enforcement. As a stakeholder (customer, employee, or investor), the ability to analyze an organization’s code of ethics can help you understand the ethical considerations and values that guide business transactions and decision.
