Wednesday, September 24, 2014

Ch. 3 - Ethics & Social Responsibility




"Ethics are the moral principles or values that generally govern
 the conduct of an individual or a group."





Like many other businesses, Netflix adopted a Code of Ethics, which is a guideline of written principles that needs to be respected from directors, managers and employees. With their Code of Ethics, Netflix helps its employees to make the right decisions, to understand what is wrong or what is right, and to help them understand what the firm really needs from them. Netflix promotes honest and ethical conduct, the respect of rules and respect of the law, with the full and accurate disclosure in the company's documents. 







Because Netflix started in California, now the schools and Universities of California have the advantage to watch movies or documentaries for free. This is not only because that is where Netflix was created, but even because some school needed help and some had financial problems.








In addition, Netflix is now recycling old DVDs from its library and collection and instead of getting rid of them, it is now donating them to libraries and even to services that provide DVDs for troop overseas. Doing this Netflix is not only making a very good decision and improving its reputation, but it is also improving and safeguarding the environment.




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