Ethics and Compliance Paper

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Ethics and Compliance Paper
Wal-Mart is one of the popular companies in all over the world for their products, customer service and integrity. Wal-Mart has been providing customers with great service that is possible because of their Ethics. Ethics is very important in a company because it defines the basic structure of the company. Ethics need to be in the right order and understood by employees then the company can make its name properly. Ethics gives employees ethical procedures that can help them behave in ethical manner. In this paper, we will be discussing the role of ethics and procedures, financial markets, SEC regulations, Evaluate different ratios to identify financial performances, and how these financial ratios affect the company’s future.
Assess the role of ethics and compliance in your organization’s financial environment.
Wal-Mart stores Inc. was founded by Sam Walton, who had always tried to give customers the best service and has fulfilled his dreams. It was because Code of Ethics that Sam Walton was able to run the popular grocery store in the world. The statement of Ethics applies to all associates worldwide, and all members of the board of directors of Wal-Mart stores, Inc. The code of ethics in Wal-Mart has provide guidance to decision and leadership and their believes are based on three simple rules: Respect for the individual, Service to the customers, and Striving for excellence. These simple rules has given a motivation and vision to all the employees so they work toward the goal. The code of ethics acquires employees to be honest, fair and work with integrity. Respecting other associates and diversity is one of the biggest point in ethical manner. Employees should never discriminate their co-worker on the basis of skill, age, color or language. In result of violating the code of ethics, proper investigation takes place when a problem…...

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