Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 2 Information Subject Code: MBA402 Subject Name: Governance, Ethics and Sustainability Assessment Title: Code of Ethics Assessment...

1 answer below »
Page 1 XXXXXXXXXXKaplan Business School Assessment Outline

Assessment 2 Information
Subject Code: MBA402
Subject Name: Governance, Ethics and Sustainability
Assessment Title: Code of Ethics
Assessment Type: Code of Ethics
Choose an item.: 2,000 Words (+/-10%)
Weighting: 30 %
Total Marks: 30
Submission: Via Turnitin
Due Date: Week 10
Your Task

You are required to research recent news articles and other information about Westpac Bank.
Here is an example of a recent news article describing some of the corporate governance issues at
Westpac Bank:
https:
www.bloomberg.com/news/articles/ XXXXXXXXXX/why-heads-are-rolling-at-another-big-australian-
ank-quicktake
You must then draft a Code of Ethics for Westpac Bank
Assessment Instructions

Your Code of Ethics for Westpac Bank must specifically address:
A. Discrimination
B. Exploitation
C. Co
uption
D. Dishonest and Fraudulent Behaviour
E. Whistleblower Protections
F. Enforcement
You will be required to include a minimum of 5 references in your Code of Ethics which must come from
academic journals or textbooks.
For further guidance here are the links to three example company codes of ethics:
1. Wesfarmers - http:
www.wesfarmers.com.au/docs/default-source/corporate-governance/code-of-
Ethics---may-2015.pdf?sfvrsn=8

2. Stockland - https:
www.stockland.com.au/about-stockland/corporate-governance
3. Woolworths - http:
www.woolworthsgroup.com.au/icms_docs/183764_Code_of_Ethics.pdf
https:
www.bloomberg.com/news/articles/ XXXXXXXXXX/why-heads-are-rolling-at-another-big-australian-bank-quicktake
https:
www.bloomberg.com/news/articles/ XXXXXXXXXX/why-heads-are-rolling-at-another-big-australian-bank-quicktake
http:
www.wesfarmers.com.au/docs/default-source/corporate-governance/code-of-conduct---may-2015.pdf?sfvrsn=8
http:
www.wesfarmers.com.au/docs/default-source/corporate-governance/code-of-conduct---may-2015.pdf?sfvrsn=8
https:
www.stockland.com.au/about-stockland/corporate-governance
http:
www.woolworthsgroup.com.au/icms_docs/183764_Code_of_Conduct.pdf

Page 2 XXXXXXXXXXKaplan Business School Assessment Outline

Important Study Information


Academic Integrity Policy

KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Ethics
Policy.

What is academic integrity and misEthics?
What are the penalties for academic misEthics?
What are the late penalties?
How can I appeal my grade?

Click here for answers to these questions:
http:
www.kbs.edu.au/cu
ent-students/student-policies/.


Word Limits for Written Assessments

Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.


Study Assistance

Students may seek study assistance from their local Academic Learning Advisor or refer to the
esources on the MyKBS Academic Success Centre page. Click here for this information.
http:
www.kbs.edu.au/cu
ent-students/student-policies
https:
elearning.kbs.edu.au/course/view.php?id=1481

Page 3 XXXXXXXXXXKaplan Business School Assessment Outline

Assessment Marking Guide

Criteria F (Fail)
0%-49%
P (Pass)
50%-64%
CR (Credit) 65%-74% D (Distinction)
75% - 84%
HD (High
Distinction)
85%-100%
Mark
Code of Ethics
Discrimination
Code of Ethics does not
adequately explain the
concept of discrimination.
Code of Ethics fails to
expressly prohibit
discrimination.
Discrimination is
sufficiently explained in
the Code of Ethics.
Discrimination is
expressly prohibited but
more information required
to clarify the forms of
ehavior that amount to
discrimination.
Specific examples of
discrimination are
included in the Code of
Ethics to support accurate
explanation. Express
prohibition of
discrimination included
making it clear that
specific examples of
ehavior provided are in
each.
A detailed explanation of
the concept of
discrimination is provided
for in the Code of Ethics
supported by relevant
examples. Such
discrimination is expressly
prohibited by the Code of
Ethics.
Discrimination is
comprehensively
explained and supported
y directly relevant
examples. Such
discrimination is expressly
prohibited by the Code of
Ethics with cross
eference made to
potential sanctions in the
Enforcement section.
4
Code of Ethics
Exploitation
Little to no discussion of
the meaning of
exploitation. No express
prohibition of exploitation
in Code of Ethics.
Code of Ethics includes
adequate outline of the
concept of exploitation.
Express prohibition of
exploitation is included
ut further details are
necessary to better
illustrate what forms of
exploitation will not be
tolerated in the
organization.
Exploitation is clearly
explained in the Code of
Ethics with specific
examples included.
Exploitation is expressly
prohibited and a direct
eference is made to
examples provided as
eing in
each.
Elaborate explanation of
the concept of exploitation
is provided for in the
Code of Ethics and
supported by helpful
examples. Exploitation is
expressly prohibited by
the Code of Ethics.
Exploitation is thoroughly
explained and supported
y multiple relevant
examples. The Code of
Ethics expressly prohibits
exploitation and refers to
potential sanctions in the
Enforcement section.
4
Code of Ethics
Co
uption
Code of Ethics does not
adequately explain the
concept of co
uption.
Code of Ethics fails to
expressly prohibit
co
uption.
Co
uption is sufficiently
explained in the Code of
Ethics. Co
uption is
expressly prohibited but
more information required
to clarify the forms of
ehavior that amount to
co
uption.
Specific examples of
co
uption are included in
the Code of Ethics to
support accurate
explanation. Express
prohibition of co
uption
included making it clear
that specific examples of
ehavior provided are in
each.
A detailed explanation of
the concept of co
uption
is provided for in the
Code of Ethics supported
y relevant examples
specifically including
co
upt activity. Such
co
uption is expressly
prohibited by the Code of
Ethics.
Co
uption is
comprehensively
explained and supported
y directly relevant
examples including
co
uption. Such
co
uption is expressly
prohibited by the Code of
Ethics with cross
eference made to
potential sanctions in the
Enforcement section.


4
Page 4 XXXXXXXXXXKaplan Business School Assessment Outline

Code of Ethics
Dishonest & Fraudulent
Behaviour
Little to no discussion of
the meaning of dishonest
and fraudulent behaviour.
No express prohibition of
dishonest and fraudulent
ehaviour in Code of
Ethics.
Code of Ethics includes
adequate outline of the
concept of dishonest and
fraudulent behaviour.
Express prohibition of
dishonest and fraudulent
ehaviour is included but
further details are
necessary to better
illustrate what forms of
dishonest and fraudulent
ehavior will not be
tolerated in the
organization.
Dishonest and fraudulent
ehaviour is clearly
explained in the Code of
Ethics with specific
examples included.
Dishonest and fraudulent
ehaviour is expressly
prohibited and a direct
eference is made to
examples provided as
eing in
each.
Elaborate explanation of
the concept of dishonest
and fraudulent behaviour
is provided for in the
Code of Ethics and
supported by helpful
examples specifically
including dishonest and
fraudulent behavior.
Dishonest and fraudulent
ehaviour is expressly
prohibited by the Code of
Ethics.
Dishonest and fraudulent
ehaviour is thoroughly
explained and supported
y multiple relevant
examples including
dishonest and fraudulent
ehavior. The Code of
Ethics expressly prohibits
dishonest and fraudulent
ehaviour and refers to
potential sanctions in the
Enforcement section.
4
Code of Ethics
Whistleblower
Protections
Code of Ethics does not
adequately explain the
concept of whistleblower
or the need for adequate
protections. Code of
Ethics fails to expressly
provide for whistleblower
protections.
Whistleblowing is
sufficiently explained in
the Code of Ethics with
consideration of the need
for protections.
Whistleblower protections
are expressly provided for
ut more protective
measures required to
encourage whistleblowers
to come forward.
Specific examples of
whistleblowing are
included in the Code of
Ethics to support accurate
explanation. Express
provision of whistleblower
protections included
making it clear that
specific examples of
ehavior provided are
entitled to protection.
A detailed explanation of
the concept of
whistleblowing is provided
for in the Code of Ethics
supported by relevant
examples. Such
whistleblowing is
expressly protected by
the Code of Ethics.
Whistleblowing is
comprehensively
explained and supported
y directly relevant
examples. Such
whistleblowing is
expressly protected by
the Code of Ethics with
cross reference made to
potential sanctions in the
Enforcement section.
4
Code of Ethics
Enforcement
Little to no discussion of
the enforcement and its
purpose. No express
provision for enforcement
in Code of Ethics.
Code of Ethics includes
adequate outline of the
enforcement. Express
provision for enforcement
is included but further
structure is necessary to
etter illustrate sanctions
for
each and deter
eaching behavior.
Enforcement is clearly
explained in the Code of
Ethics with specific
examples included.
Enforcement is expressly
provided for and a direct
eference is made to
examples provided as
eing in
each with
co
esponding sanctions
clearly illustrated.
Elaborate explanation of
the concept of
enforcement is provided
for in the Code of Ethics
and supported by helpful
examples specifically
including discrimination ,
exploitation, co
uption,
dishonest and fraudulent
ehavior, and
whistleblower protections.
Enforcement is expressly
provided for in the Code
of Ethics.






Enforcement is thoroughly
explained and supported
y multiple relevant
examples including
discrimination,
exploitation, co
uption,
dishonest and fraudulent
ehavior, and
whistleblower protections
and more. The Code of
Answered Same Day May 21, 2021 MBA402

Solution

Kshitij answered on May 24 2021
153 Votes
1
        Full Title of Paper        
        First Name Last Name        
        Course Code: Course Name            
        Instructor’s Name    
        Date of Submission        
Governance, Ethics, and Sustainability
Code of Ethics for Westpac Bank
As per the company website, Westpac's vision is "To be one of the world's great service companies, helping our customers, communities, and people to prosper and grow. Five strategic objectives help achieve goals.
1. Service Leadership – Westpac aims to be the leader in terms of service to its customers. Our policy is to achieve customer delight. We want to use data to a
ive at better decisions that will help us anticipate customer needs and work towards creating solutions. We aim to have an unending zeal to learn new things, even from our competitors. We will strive to em
ace industry best practices and incorporate the same into the daily fa
ic of the company.
2. Digital transformation – Westpac is committing to adopting early technological advancements that give the company a clear competitive advantage and which will differential itself from the competitors. This will be done through integrating technology and offering customers easy to use and understand solutions that are technology-enabled to offer a seamless experience. The company wants to em
ace digital technology to change the way consumers do business with us. We want to better the lives of our customers by giving them the necessary tools that will ease the way they conduct business with the enterprise.
3. Performance discipline – Westpac wants to institute rigorous standards when it comes to performance measurements. The company is dedicated to incremental enhancements in performance, which will lead to long-term competitive advantage. The company will implement quality standards and continuous improvement methodologies to
ing in efficiencies that will result in cost savings.
4. Growth highways – Goal of focusing on small to medium companies and look at high growth segments that offer more opportunities. The company will strive to identify areas that are more equitable from the business standpoint and focus on allocating more resources to take advantage of such opportunities.
5. Workforce revolution – To be the first choice for employees to come and work up. To become the employer who upholds the highest standards for its employee working conditions and capability development. The company is committed to raising the competence levels of its workforce. Periodic workshops and seminars will be conducted to engage the workforce and give them opportunities to learn and develop.
The company believes in the core values of integrity, service, one team, courage, and achievement. The company will always strive towards building a culture of innovation and inclusiveness.
Integrity – we will earn the trust of partners, employees, and investors by always acting with integrity
Service – providing exceptions levels of service to customers and always focusing on ways to delighting them
One team – we will operate as a single entity and will focus on what is suitable for the enterprise always
Courage – we will always be early adopters of technology and take calculated risks to benefit our customers and employees
Achievement – we will always be results-driven and goal-oriented
A. Discrimination - At Westpac, we work to create a culture that is inclusive and respects each individual for their uniqueness and the value that they
ing, without any discrimination based upon caste, creed, ethnicity, or color. We will constantly make efforts to maintain a work environment that is positive and nondiscriminatory. Besides, we strive to uphold the Harassment Prevention code at all times. No degree of discrimination will be allowed at any level. The Ethics Committee will keep a strong oversight to ensure that the company culture is without bias and nondiscriminatory.
B. Exploitation – Westpac believes in observing transparency and fairness in all of its transactions. Nobody will be subject to financial exploitation. Every employee will strive towards offering...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here