Each group will create a Values$-$Based Code of Ethics, which $...$addresses a company's core value system...$[$and often will$]$ outline standards of responsible conduct as they relate to the larger public good and the environment.$($Hayes & Drury, $2021).$ You can use the posted examples of Codes of Conduct such as Caterpillar, Levi Strauss & Co$,$ or Mattel found in this module. As you can see it is an extensive document and the reason for providing the amount of time necessary to complete this task.

For the purposes of this assignment each group will create a fictitious company to create the code of ethics for or they can opt to use an existing business that does not have a values based code of ethics: note $-$ if creating a company all teams need to do is select an industry and choose a name for the company $(*$additional instructions related to this are in the requirements section$)$ you are not creating a business plan. Research the industry to understand the main players, their competitive advantages and why your company wants to be in this industry. The restaurant industry is NOT to be used for this assignment!

It$$s important to remember that: $$A code of ethics sets out an organization's ethical guidelines and best practices to follow for honesty, integrity, and professionalism.$($Hayes & Drury, $2021).$

Keeping this in mind, each group will create a Values$-$Based Code of Ethics based on these principles that are expanded upon by Betterteam $(2021)$: Remember, when creating the Values$-$Based Code of Ethics the following "Five Ethical Codes", outlined by Betterteam $(2021)$ need to be included: $...$Integrity, Objectivity, Professional Competence, Confidentiality and Professional behaviour$($Betterteam$,2021)$; as they relate to pertinent concepts from the following chapters:

Chapter $8$ Managerial & Organizational Ethics

Chapter $10$ Ethical Issues in the Global Arena

Chapter $13-$ Consumer Stakeholders: Information Issues

Chapter $14-$ Consumer Stakeholders: Product and Service Issues

Chapter $15$ Sustainability and the Natural Environment

Chapter $17$ Employee Stakeholders and Workplace Issues

Chapter $18$ Employee Stakeholders: Privacy Safety and Health

REQUIREMENTS

$*$Industry $$ select an industry from Forbe's $19$ Small Business Ideas For $2023$; discuss in your submission why the group decided on this industry. IMPORTANT: when selecting an industry ensure that you choose one that relates to all required chapters; tip: considering what MacAskill $(2018)$ discusses in his TedTalk may help teams focus on an industry as well.

For an existing business $-$ Identify and discuss the values and mission of that company; in your submission discuss why they need a values based code of ethics based on moral compass and the importance of committing to the social contract. IMPORTANT $-$ Approval required: Groups that opt for a real company must email their professor explaining to them the company that they want to use and include information that demonstrates that the company does not have a values$-$based code of ethics

For a fictions company $-$ Create the values and mission for that company; in your submission discuss how the teams moral compass and commitment to the social contract led to the values and mission

Cover Page $-$ include a properly formatted cover page

PDF Submission Page One:

$*$Company Name $-$ name should reflect the product$/$service $-1$ mark

$*$ Industry $-$ include a brief paragraph that discusses why the group chose the industry $-3$ marks

Include two brief paragraphs that discuss the mission and values of the company $-6$ marks

PDF Submission Pages Two $-$ Four: Letter of Transmittal, $15$ marks $-$ a letter of transmittal is a business document that explains to the reader information that may not be contained in the report or presentation. In this case the purpose of the letter will be to explain how the team collaborated over the $7$ weeks to complete the presentation and outline what the team learned and what each person on the team learned:

First Paragraph $-$ Discuss the purpose of the assignment, when it was assigned and how the team divided the work

Second Paragraph $-$ Discuss how the team collaborated and connected the learning outcomes to the chapters

Third Paragraph $-$ Discuss what the team learned about GCE outcomes

Table $-$ create a properly formatted table that includes each team members names; the table needs to have two sections: The first section will be for the Course Learning Outcomes and the second sections of the GCE Learning Outcomes. Each student is responsible for reflecting on what they learned throughout this process related to the Course and GCE Learning outcomes.

First page of the letter:

Second $-$ Third page of the letter:

Letter Format: Use a block letter format, template for a block letter can be found here: Examples of Business Letter Format

$*$Company $$ create a fictitious company based on the industry selected or use a non$-$profit$/$for$-$profit organization that does not have a values based code of ethics.

Values$-$Bas