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Business Ethics: The Coca-Cola Company

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Business ethics is a kind of applied ethics, which is the application of moral or ethical norms to business. Ethics term has its origin from the Greek word "ethos", which means distinguishing character, sentiment, moral nature, or guiding beliefs of people, groups, or institutions. Ethics also is a set of principles governance of the conduct of human behavior of individuals or organizations in a business. Ethics is a discipline that deals with moral obligations. It will explain what is good or bad for others and for us. Ethics is a moral character and moral choices made in relation to others. Consisting of a standard business ethics that guide behavior in doing business. Businesses must balance the desire to maximize profits and maintain the balance of …show more content…

Shareholders, the Board and management strengthens accountability and help build will give confidence to the public in the Company. The shareholders will be determined by the Board to monitor the health of their interests in the long run, the overall profitability of the business and financial strength. The Board is also the lead agency of the Company to make business decisions, except for matters reserved or shared with the shareholders. The Board will elect members of senior management who were charged by the Board with conducting the Company 's business. Guidelines on Corporate Governance established by the Board of Directors. He providing a framework for effective governance of the Company. The guidelines include things like the mission of the Board, Directors ' responsibilities, qualifications Directors, determination of the independence of Directors, the committee structure of the Board, Chief Executive Officer of performance evaluation and management succession. The Board regularly reviews developments in corporate governance and updating the Guidelines on Corporate Governance and materials other

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