Business Ethics and Compliance

CostSavingString avatar
CostSavingString
·
·
Download

Start Quiz

Study Flashcards

24 Questions

What is the foundation of Asiacell's business?

Integrity, honesty, and ethical behavior

Why is the Code of Business Conduct & Ethics provided?

To guide employees on ethical business practices

What is the expected behavior towards users, vendors, suppliers, business partners, and colleagues?

Fair and respectful treatment

What is the significance of accountability in the company?

It is essential for building trust and reputation

How does the company approach complex business environments?

By providing guidelines and resources for ethical decision-making

What is the company's stance on open communication in the workplace?

It is valued and encouraged

What is the purpose of the Code of Business Conduct & Ethics administration?

To promote ethical behavior and compliance

What is the consequence of non-compliance with the Code of Business Conduct & Ethics?

Formal disciplinary procedures

What is essential to ensure in addition to having detailed guidelines?

Individual conscience, common sense, and unwavering compliance with government laws and regulations

What is the primary objective of developing procedures to handle violations and potential violations?

To ensure consistency and fairness in disciplinary actions

Who must approve any disciplinary procedures that result from investigations?

Chairman

What determines the disciplinary action taken in the case of misconduct?

Type of the misconduct as set out in Asiacell disciplinary action list

Who is responsible for administration of the Code, including updates and modifications?

HR Team

What is the purpose of providing training on the Code to all employees?

To inform employees about the Code of Business Conduct and Ethics

How often must employees sign an acknowledgement form confirming that they have read the Code and agreed to abide by all its provisions?

Annually

What is the consequence of failing to read and sign the acknowledgement form?

Employees will not be excused from compliance with the Code

What is the primary purpose of consultations with specialists and advisors?

To ensure that HR processes are in compliance with government laws and regulations

What is crucial for the timely implementation of HR procedures and processes?

Adequate inputs from other employees and timely adherence to procedures

What is the primary goal of open communication within the HR Business Unit?

To establish a healthy work relationship with other Business Units

What is the purpose of the 'Code of Business Conduct & Ethics'?

To ensure consistency in employees' acts and business practices

What should HR personnel do when dealing with a complex matter?

Have an open discussion with the HR team

What is essential for ensuring compliance with government laws and regulations?

Consultations with specialist functions within the company

What is the result of open communication within the HR Business Unit?

Establishment of a healthy work relationship with other Business Units

What is the primary objective of HR procedures and processes?

To ensure compliance with government laws and regulations

Study Notes

Code of Business Conduct & Ethics

  • The code is designed to ensure consistency in employees' acts and business practices within the company and in their dealings with outside parties.
  • It provides guidelines on acceptable acts and business practices.

Importance of Integrity

  • Asiacell personnel are committed to being honest, transparent, treating others fairly and with dignity, acting professionally, and according to the law.
  • Integrity and honesty have been fundamental factors in establishing trust in the company's relationships.

Disciplinary Procedures

  • Disciplinary procedures resulting from investigations must be approved by the Chairman prior to taking any disciplinary actions.
  • Disciplinary action will be determined based on the type of misconduct as set out in Asiacell's disciplinary action list.

Administration of the Code

  • Any administration of the Code, including updates, modifications, improvements, or anything else, is to be done by HR and approved by the Chairman.

Training

  • All employees shall receive appropriate training on the Code.
  • Existing employees will be provided training by the author of the Code in a timely manner after it is approved.
  • New employees will receive training by the HR team within a reasonable time after commencing employment with Asiacell.

Signature and Acknowledgement

  • All employees must sign an acknowledgement form confirming that they have read the Code and agreed to abide by all its provisions on an annual basis.

Compliance

  • Necessary consultations must be made by HR personnel with specialist functions within the company or with advisors outside the company to ensure compliance with government laws and regulations.

Timely Actions

  • HR personnel must ensure that HR procedures and processes are adhered to adequately and in a timely manner.
  • Annual reoccurrences of procedures and processes must take place on time periodically.

Open Communication

  • Employees and teams within the HR Business Unit must provide support, cooperation, and guidance to each other when needed.
  • HR encourages an open communication environment where trust is endeavored to establish a healthy work relationship with other Business Units within Asiacell.

Test your knowledge of business ethics, compliance with government laws and regulations, and adherence to company policies and codes of conduct.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Anti-Bribery and Corruption Policy
18 questions

Anti-Bribery and Corruption Policy

RevolutionarySmokyQuartz avatar
RevolutionarySmokyQuartz
LEY DE RESPONSABILIDADES ADMINISTRATIVAS
60 questions
PETRONAS Code of Conduct and Business Ethics
29 questions
Use Quizgecko on...
Browser
Browser