CHAPTER 05 (C21 ACCOUNTING) Business Codes of Conduct CHARACTER COUNTS
Business Codes of Conduct Chapter 5 Business Codes of Conduct A statement that guides the ethical behavior of a company and its employees is called a code of conduct.
Business Codes of Conduct Chapter 5 Business Codes of Conduct Merck & Co., Inc., a leading pharmaceutical company, makes its code of conduct available to its employees, consultants, and the public.
Business Codes of Conduct Chapter 5 Business Codes of Conduct The document, titled “Our Values and Standards,” begins by stating: At Merck, our values and standards have always formed the basis of our success. They inspire trust and confidence on the part of the medical community, government officials, regulatory agencies, financial markets, our customers and patients—all who are essential to our success.
Business Codes of Conduct Chapter 5 Business Codes of Conduct The code of conduct contains sections that focus on Merck’s relationship with customers, employees, shareholders, suppliers, and communities/society. Each section contains specific guidance on Merck policies. Common questions and answers are provided to expand on these policies.
Business Codes of Conduct Chapter 5 Business Codes of Conduct Throughout the document, individuals are encouraged to seek the guidance of upper-level managers, the Legal Department, and the Office of Ethics if they are unsure whether their actions comply with the code of conduct.
Business Codes of Conduct Chapter 5 Business Codes of Conduct Instructions Obtain access to Merck’s code of conduct at www.merck.com. Assuming you are a Merck employee, may you: 1. Give a physician a gift consisting of a medical textbook? 2. Use your cellular phone to discuss new research methods with another Merck employee? 3. Accept a supplier’s invitation to attend the Super Bowl? Use this link: http://www.merck.com/about/code_of_conduct.pdf