02-15-10 Trust AND Reliability Honesty-Intergrity-Confidentiality

02-15-10 Trust AND Reliability Honesty-Intergrity-Confidentiality

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Honesty-Integrity-Confidentiality PHIL/ENGR 482 ETHICS and ENGINEERING Trust & Reliability
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From the Codes of Ethics:  the  engineer should. .. be “…objective and truthful. ..” be “honest and realistic in stating  claims…” “... offer honest criticism…” be “…honest and impartial…” be “…objective and truthful…” participate in “…none but honest  enterprise…” “...avoid deceptive acts…”
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How important is “honesty” to  industry? Ethics and Compliance Officer  Association (ECOA) Currently 354 Total ECOA Members  from Fortune 500 list of companies $1,000/year membership dues  148 Engineering Firms CEO’s actively involved Reflects reality of the business world
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Business ethics policy for domestic consultants  by a specific US company: When acting on behalf of (company name),  Consultant and its employees and agents shall  comply with all applicable legal requirements  and the highest ethical standards  of the United  States and each foreign country in which  business is conducted.
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Sample ethics policy (cont’d.) No payment  on behalf of (company name)  shall be approved without adequate  supporting documentation, or made with the  intention or understanding that any part of  such payment is to be used for any purpose  other than that described  by the documents  supporting the payment.
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Sample ethics policy (cont’d.) It is (company name)’s policy to comply fully  with all applicable laws and governmental rules  and regulations, and to conduct its business  honorably and with due regard to ethics and  propriety, as well as law.  Accordingly, the  Company desires not only to avoid actual  impropriety, but also the appearance of  impropriety .
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Sample ethics policy (cont’d.) (Company name)’s relationship with all  governmental agencies and their officials and  personnel in the United States and in each  foreign country in which business is  conducted shall be, in all respects, such that  public disclosure of full details  thereof will not  impugn or jeopardize (company name)’s  integrity or reputation.
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It is the policy of (company name) to report to the  proper authorities  any corroborated instance where  a federal, state or local public official attempts to  obtain money or property from (company name) by  the wrongful use of his official position or as a  condition to perform certain duties he is normally  obligated to perform.  All such incidents should be  immediately reported in full detail to the  appropriate (company name) official.  Under no  circumstances may Consultant agree on behalf of 
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This note was uploaded on 09/11/2010 for the course ENGR 482 taught by Professor Russell during the Fall '08 term at Texas A&M.

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02-15-10 Trust AND Reliability Honesty-Intergrity-Confidentiality

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