Dec 14, 2021 Uncategorized

Business Law: Creating Policies and programs

Business Law: Creating Policies and programs as the chief Ethics officer for a start-up online retail company, Hordstrom Online Department Store.


You have just been hired as the Chief Ethics Officer for a start-up online retail company that
was just named by the CEO called Hordstrom Online Department Store. The company will
initially have a workforce of 100 employees, including a financial department, a vendor-
relations department, a Human Resources Department, and a Legal Department, among others.
The company’s executive management group consists of a Chief Executive Officer, a Chief
Operating Officer, a Chief Financial Officer, a Chief Legal Officer, a Chief Sales Officer, a Chief
Information Officer and a Chief Ethics Officer. The company has a Board of Directors consisting
of the Chief Executive Officer, the Chief Operating Officer and 7 other independent directors.
The company employs very sophisticated technology and has many trade secrets. The
company has many competitors each of whom employs many competent employees, and many
of those employees have access to their respective companies’ trade secrets.
Your mission for the company is to create the following:
1. A policy for reporting illegal or unethical behavior and for disciplining employees;
2. A values statement for the company;
3. Incentive compensation programs for the sales department and for the senior
management of the company. Discuss the programs you would implement and the
types of programs you think should not be implemented and why;
4. Training programs covering appropriate conduct for employees within the company
including any areas for which you think a training program would be useful;
5. Gifts acceptance policy for executive management and for the company as a whole. If
you think there should or should not be a different policy for executive management,
please explain why.;
6. Compliance program involving the Sarbanes/Oxley and the Dodd-Frank Acts;
7. Reporting structure for the executive management group, the Audit Department, and
the Finance Department. (Does the Board of Directors have any role here?);
8. Description of the audits that should be conducted at the company. Where should the
audits be focused and why;
9. Strategies the company should adopt prospectively so that the company can effectively
compete against its competitors, who are constantly coming up with state-of-the-art
technology, while at the same time maintaining its ethical edge.
10. Discuss what stakeholders you believe should be considered in accomplishing the
projects set forth above and explain why they are important.;
In creating the policies and programs described above, please make sure that you discuss any
ethical approaches you think should be applied in creating these policies and programs. Discuss
any rationales you think should be avoided in creating the policies and programs set forth
above. Your paper should not exceed 10 pages. 

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