ADEO Company Values and Ethical Conduct

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Questions and Answers

What process must first-rate suppliers and intermediaries follow before establishing a relationship with ADEO?

  • They must undergo a background check. (correct)
  • They must provide product samples.
  • They must guarantee price matching.
  • They must present financial statements.

What type of audits does ADEO implement to maintain accountability in its financial practices?

  • Only internal audits are sufficient.
  • Periodic reviews of supplier agreements.
  • Customer feedback surveys annually.
  • External audits in addition to internal controls. (correct)

Which of the following is NOT a responsibility of ADEO regarding international regulations?

  • Monitoring imports and exports legality.
  • Ensuring compliance with international economic sanctions.
  • Overseeing commercial exchanges.
  • Participating in international economic forums. (correct)

Which environment-related commitment does ADEO undertake?

<p>Designing products with minimal environmental impact. (A)</p> Signup and view all the answers

What is one of the main reasons ADEO conducts accounting control procedures?

<p>To avoid discrepancies in financial records. (A)</p> Signup and view all the answers

Which of the following values is NOT highlighted as a main value of Leroy Merlyn?

<p>Diversity (B)</p> Signup and view all the answers

What is the primary rule regarding gifts offered to ADEO employees?

<p>Employees should not offer or accept personal gifts. (B)</p> Signup and view all the answers

How should conflicts of interest be managed according to ADEO's commitments?

<p>By always acting in the interest of ADEO only. (B)</p> Signup and view all the answers

What type of payments are prohibited according to ADEO's policies?

<p>Facilitation payments to expedite services. (C)</p> Signup and view all the answers

Which behavior is explicitly prohibited by ADEO in the workplace?

<p>Harassment or discrimination of any form. (C)</p> Signup and view all the answers

What foundation does ADEO base its decisions regarding recruitment and promotions on?

<p>Objective factors such as qualifications and performance. (B)</p> Signup and view all the answers

What is the essence of ADEO’s core value regarding interaction with employees?

<p>To respect each employee and prohibit discrimination. (C)</p> Signup and view all the answers

What common strength does ADEO recognize among its collaborators?

<p>Diversity from various walks of life. (B)</p> Signup and view all the answers

Flashcards

Supplier and Intermediary Screening

ADEO requires suppliers and intermediaries to undergo background checks to ensure they are not on any international sanction lists.

Accounting Control Procedures

ADEO implements accounting controls and audits to prevent corruption and influence trading by ensuring financial records are transparent and accurate.

Environmental Responsibility

ADEO prioritizes environmentally conscious practices, considering the impact of products and packaging throughout their lifecycle, including water, air, climate change, and more.

International Sanctions Compliance

ADEO complies with international sanctions imposed by the USA, UN, EU, and France, ensuring its activities do not violate economic and financial restrictions.

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Import/Export Compliance

ADEO ensures its imports and exports adhere to relevant laws and regulations.

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Closeness (ADEo Value)

Close relationships built on trust and mutual respect. This value emphasizes strong connections within the company and the broader ecosystem of customers, suppliers, and partners.

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Sharing (ADEo Value)

A willingness to share resources, knowledge, and opportunities freely, fostering an environment of collaboration and collective growth.

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Respect (ADEo Value)

Treating all individuals with fairness, dignity, and respect, regardless of their background, position, or contributions, creating a culture of inclusivity and mutual appreciation.

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Spirit of Performance (ADEo Value)

A commitment to delivering exceptional results, consistently exceeding expectations, and striving for continuous improvement.

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Conflicts of Interest

Situations where personal interests could potentially compromise an individual's judgment or actions in favor of ADEO. This includes favoring a personal business over ADEO's interests.

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Gifts, Invitations & Travel

Gifts, invitations, or travel given to employees in a personal capacity are strictly prohibited. This rule promotes impartiality and prevents potential conflicts of interest.

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Facilitation Payments

Payments made to public or private officials as personal rewards to secure routine actions, like customs clearance or permits. These are strictly prohibited and seen as unethical.

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Non-Discrimination & Non-Harassment

Discrimination based on factors like race, gender, disability, age, or sexual orientation is strictly prohibited. ADEO values diversity and equal opportunities for all.

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Study Notes

ADEO Company Values and Policies

  • Core Values: ADEO companies prioritize TRUST, SHARING, RESPECT, PROXIMITY, and a SPIRIT OF PERFORMANCE in all actions and decisions. These values guide interactions with customers, suppliers, and other stakeholders.
  • Leroy Merlyn Values: Leroy Merlyn emphasizes CLOSENESS, GENEROSITY, SPIRIT of PERFORMANCE, HONESTY, CONSISTENCY, and RESPECT.

Ethical Conduct

  • Gifts, Invitations, & Travel: Offering or accepting gifts, invitations, or travel for personal gain is prohibited to avoid influencing business decisions or those of partners.
  • Conflicts of Interest: ADEO employees must avoid conflicts between personal interests and ADEO's interests. Actions must always benefit ADEO and not harm the company's reputation or colleagues.
  • Facilitation Payments: Direct payments or benefits to government officials or private sector employees to expedite routine processes are strictly forbidden.
  • Non-Discrimination & Non-Harassment: ADEO prohibits harassment and discrimination based on protected characteristics (origin, sex, disability, family status, etc.—including sexual orientation, age, political views, union activities).

Business Practices

  • Supplier and Intermediary Relationships: ADEO verifies supplier and intermediary integrity by conducting background checks and confirming they aren't on international sanction lists.
  • Accounting Controls: ADEO uses internal and external audits to prevent corruption and ensure accurate financial reporting.
  • International Sanctions Adherence: ADEO complies with international regulations regarding imports, exports, and economic/financial sanctions from the US, UN, EU, and France.

Environmental Responsibility

  • Environmental Commitments: ADEO strives for environmentally responsible practices throughout a product's lifecycle, including considerations of water, air, climate change, soil, noise, biodiversity, raw materials, and energy.

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