Business environment report Essay Example | Topics and Well Written Essays - 2000 words - 2

Business environment report - Essay Example 331). In evaluating the performance of a company, we analyze the economic and financial consequences of the decisions made by the management as applied in the organizational activities of the company (Clipici & Gadoiu 2009, p. 331). As such, organizations value evaluations since they manifest the extent to which systems, people, and company activities relate to the principles of business excellence. This paper evaluates the performance of Vodafone from an inter-disciplinary perspective. To achieve this, the paper will use the above named measures to evaluate the performance of Vodafone. However, the paper will not address employee satisfaction in the evaluation since data on employee satisfaction is not available. The evaluation of the company’s performance derives a clear understanding of the present business position and its overall performance. This assessment equally creates a general market perception, derives the value of the company, and helps the management to make fut ure business decisions. Increasing revenues and profits are good measures of the company’s performance although evaluation also involves variance analysis, key performance indicators, customer satisfaction measurement, and employee satisfaction (Hill, 2013, p.1). It also involves the calculation of financial ratios like ROE, IRR, and CFROI (Hagel, Brown & Davison, 2010, p. 1) community development, sustainability, and comparing the company with entire industry. Development Vodafone Group Plc. (Vodafone) is a mobile communications company that offers a range of communications services in over 30 countries and over 40 partner markets across the globe. Its headquarters are in Newbury, United Kingdom, its business operations include voice, messaging, data and fixed-line solutions, and all devices related to satisfying communications needs (Vodafone, 2013, p. 1). Ethical Behavior and Code of Conduct Vodafone Company has a code of conduct that sets out the business principles of th e company, which consequently define how every person at the company should behave. Indeed, the company is committed to a strong ethical conduct where the code of conduct mandates all employees to uphold high ethical standards. This complies with Section 406 of the US Sarbanes-Oxley Act of 2002 and the rules issued by the US Securities and Exchange Commission. This mandates all registered companies to adopt a written code of ethics applicable to all stakeholders of a reference company (U.S Securities And Exchange Commission, 2003, p. 1). Vodafone Group Plc. strictly abides with these provisions and do not intend to waive the requirements of this code of conduct to any employee (Vodafone, 2010, p 1-6). As a result, all employees of Vodafone Company seek to promote honesty and ethical conduct in the articulation of their duties. Moreover, the company promotes complete, accurate, true, and timely disclosure of the Company's financial results to all stakeholders as required by the law. The company promotes compliance to relevant laws, rules, and regulations as well as condemning illegalities. More so, the company abhors high standards of business ethics and prevents its employees from seeking competitive advantage through unlawful or unethical business practices (Vodafone, 2010,