The Ethics Policy Of Dal Jewelry Company - 1282 Words

1. When creating an ethics policy, there are many topics that had better be included so that the employee’s, customers, vendors and management know and comprehend theses’ policies. It is compulsory for DAL Jewelry Company to provide ambiguity when establishing ethics policy and how they are communicated effectively to the employees. Three important considerations in the ethics policy center on gifts from vendors, use of confidential information, and conflicts of interest. 2. Accepting gifts from vendors can create both legal and moral issues within the workplace. Obtaining a gift from a vendor can impede an employee’s ability to be neutral when making purchasing decisions from a vendor or endorsing certain products to a customer. With certain industries, gift giving or receiving from a vendor can create serious problems within the job (Kaufman, 2008). 3. Creating a clear and concise gift giving and receiving policy from and to vendors is the best way for the DAL Jewelry Company to determine if it is appropriate to accept or give a gift, not establishing a gift giving and receiving policy puts our organizations at risk for litigation. While allowing vendors to send gifts to the company, it is important to make the gift a communal gift that can be shared among all of the employees. This reduces any concerns of bias and shows that the vendor is just showing customer appreciation or thanking them for a successful year (Donnelly, 2010). 4. Some company do not allow gift