From the earliest days of the organization, Rotarians were concerned
with promoting high ethical standards in their professional lives. One
of the world's most widely printed and quoted statements of business
ethics is The 4-Way Test, which was created in 1932 by Rotarian Herbert
J. Taylor (who later served as RI president) when he was asked to take
charge of a company that was facing bankruptcy. This 24-word code of
ethics for employees to follow in their business and professional lives
became the guide for sales, production, advertising, and all relations
with dealers and customers, and the survival of the company is credited
to this simple philosophy. Adopted by Rotary in 1943, The 4-Way Test has
been translated into more than a hundred languages and published in
thousands of ways. It asks the following four questions:
"Of the things we think, say or do:
1. Is it the TRUTH?
2. Is it FAIR to all concerned?
3. Will it build GOODWILL and BETTER FRIENDSHIPS?