Ethical and Socially Responsive Business Assignment

Ethical and Socially Responsive Business - Assignment Example As the paper highlights  executives and managers who have served the company with devotion are supposed to avoid ethical breaches. These ethical breaches might involve money or secret information  as it is also a part of ethical behavior as well. For the cheesecake factory’s code of ethical conduct, the second most important key area of significant importance is â€Å"Compliance with company policies and Procedures† which is all about that the company’s confidential information should be kept as a secret. It is necessary to hide the special recipes and other information to get success or to get a competitive advantage. Under this article of the code of ethical conduct, the other main key factor is prohibiting of insider trading.This discussion stresses that  the cheesecake factory should take some key steps in order to ensure that the employees of their company must follow the policies and code of ethical conduct. From the beginning of the working, it is go od to give awareness regarding the policies and code of conduct. To maintain all these rules and regulation there must be a single department should be working on it, which handles these kinds of issues before arising of any problem.   The other thing, which they can do, is to have the signed paper of the terms and condition or code of conduct when employee is being hired and keep a record of each signed paper by the employee in the employee file.