Ethics Policies on 3 Companies. Term Paper

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Aside from the previously mentioned policies, the Intel ethic code also contains reference to intellectual property, gratuities, reciprocity, publicity, small and minority suppliers, controlled substances, environment, health and safety. The intellectual property right protection policy states the fact that Intel completely respects the rights of all business partners, suppliers and competitor companies. However, the publicity policy mentions that business partners are denied the right to sell their own products by associating them with Intel products.

In addition, the document of Intel's Ethics and Compliance provides that all Intel activities will be performed in total accordance with the laws applied in the United States and in the countries they collaborate with. Also, the company adopts transparency as means of conducting business and promises to make truthful statements to the press and the public. The ethical code of Intel forbids bribes within the company and mentions the sanctions applicable upon employees' engagement in fraud actions. Intel workers are not allowed to receive any "gifts that oblige them to act in a particular manner with regard to Intel business." Furthermore, Intel employees are not to engage themselves in actions that might place the company in the situation of facing conflicts of interests. Intel Corporation also fully respects and wishes to protect the surrounding environment, and as such does not engage in actions that might jeopardize the safety of our environment.

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5. Conclusions

The contemporary business practice has been placing considerate emphasis on the ethics that regulate their actions and have even developed internal sets of rules gathered up in written documents such as Nokia's Code of Conduct or Intel's Ethics and Compliance. These documents are generally open to public interest (Nokia or Intel); however there are companies that prefer to keep them classified (Microsoft, IBM or HP). Refusing the general public to get acquainted with the internal code of ethics could be regarded as a means of disregarding business transparency, but since there are no legal laws to enforce ethic codes, not publicizing them is not perceived as felony and therefore not punished by the legal sector.

Generally, the policies promoted by corporations are alike and regard performing actions in full accordance with the laws; insuring customers with the best possible quality of services and products offered; providing the employees with a safe, fair and appropriate work environment; respecting and promoting all human rights and engaging in business partnerships with only those companies that also respect all laws and civil rights; protecting the surrounding environment and not developing activities that might jeopardize the planet's safety and finally, handling all business activities with honesty, correctness and the utmost integrity......

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