Thursday, May 9, 2019
Assess the role of ethics and compliance in pepsi-cola financial Essay
treasure the role of ethics and compliance in pepsi-cola financial environment and procedures they have in place to train ethical behavior - Essay Exampleiding principles namely prioritizing the welfare of the consumers ensuring the quality of the products they sell ensuring the integrity in each business dealings especially financial transactions respecting other people and employing teamwork in all business dealings including long-term short-term and goals and embracing diversity as well as ensuring federal agency of all groups (Ferrell and Ferrell, 2010). Compliance is ensured through committees that formulate resolution strategies and establishes recommendations necessary to support them. The compliance committee is comprised of quartet subcommittees whereby finance sub-committee is one of them. The finance subcommittee is involved in maintaining financial accountability across all the party structures. PepsiCo commits to achievement of business and financial success that d oes not negatively affect the society and maintains a sociable reputation. The approach of the telephoner is to ensure that the financial performance is characterized by integrity and enhances the shareholder value. fit in to PepsiCo Inc., (2010a), the company continues to promote impeccable financial performance through balancing both short-term and long-term goals and extending investments in the strategic global regions to compel sustainable growth. The management has also identified challenges that need to be bruise in attaining the company objectives. The management team of PepsiCo monitors the quality indicators in assessing the financial condition and the business results.According to Ferrell and Ferrell, (2010), the company is committed to maintaining strict corporate standards that ensure the integrity and accountability of all the company processes. This inscription is affirmed by the governance standards that the company applies. The policies applied by the company i n achieving proper application program of governance include Audit Committee Charter, Amended and Restated Articles of Incorporation, Corporate Governance Guidelines,
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