Step 1 Create an imaginary business like Surgery and medical Equipment Making Business Identify a
Question:
Step 1 – Create an imaginary business like Surgery and medical Equipment Making Business
• Identify a business that perhaps you’ve always wanted to start or mimic one that you admire.
• Describe whether the business is for-profit or non-profit
• Provide details about the business, e.g. When it started, where it is located, the number of employees, etc.
Step 2 – Create the Company’s Mission Statement.
• What does your business do?
• What is the overall purpose or mission of the business?
• What are the goals of the business? How will you determine or measure whether you’ve achieved these goals?
Step 3 – Select a Board of Directors
• Identify the members of the board for your company and determine who comprises the committee for ethics.
• What are the qualifications for selecting members for the board and ethics committee?
Step 4 – Create your policy of ethical and social responsibility
• Use your mission statement to guide and support your policy
• Describe how you will implement your policy of ethical compliance and the ramifications of failure to follow.
• How will the members of your committee support the implementation and follow up of the policy once determined?
• How will you determine the effectiveness of the policy?
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna