Boden Business Ethics: Practices, Philosophy, and Challenges

This report discusses Boden's ethical practices, including transparency, fair workplace, and engagement with stakeholders. The company follows Utilitarianism theory and focuses on consequentialism, welfarism, and impartiality. Challenges faced by the organization include unethical accounting, social media ethics, and health and safety. The report also highlights the five key stakeholders of Boden: customers, employees, society, shareholders, and suppliers.

Business Ethics
INTRODUCTION
Business ethics determine the appropriate policy and procedure of the organization by which they are
able to complete their task within an ethical practice. Business ethics majorly influence many people
and management of the organization which they influence the people and make more recognition as
well. This report includes the information about Boden business ethics practices by which they are able
to build trust among their customers by providing them an environment friendly and ethical
environment. Boden is clothing retail industry based in London UK. Report also includes the
information about ethical philosophy which company follow and their key elements challenges which
they faced during implement of ethical practices within an organization.
Boden as an ethical company
Boden is a British clothing retail industry they sale their products online as well on order basis. Company
sell their products in a several countries and make recognition by their ethical practices across the globe.
Boden is an ethical company as they work approximately with 15 countries and with many manufacturers.
Company always provide transparency to their consumer this will help them to better understanding and
believe on the brand. Boden workplace is fair and they work for the right of workers should be protected
in the organization. Company also join ethical trading initiative by which they are easily maintain their
ethical practices.
Recently, covid-19 pandemic disrupting the supply chain of the organization and this has major impact on
the workers on a global scale of the organization. The member of ETI and organization support their
workers in a hard time and make recovery through the covid time. Company bring key stakeholders and
influence together for better development of the organization and recognition with the boundaries of
ethical practices.
Company also dedicated towards the area where they regularly updated and manage their work of ethical
practices. Charity sponsorship of YMCA and annual donation to SIFA member. Company also support
local community as they provide food to the team who work hard to support children’s and support them
their educations etc. They also focus towards the environment responsibility and recycling scheme as they
installed water volumisers to recuse the wastage of water on their site.

Ethical philosophy follows by the Boden
Boden follow Utilitarianism theory of ethical practices, morality, and action that foster towards the happiness and
oppose the action that cause disappointment in the organization. The theory promotes the great amount good for the
great amount of people. Organization follow this theory because it focuses towards the socio-political and welfare of
the society which help the organization in their ethical practices. The actions which company does is generally
better like, charity they give to the needy people and organization provide the high fund to the disables and ill
children in UK and changing their lives by providing funds. company also engage with the National police aid
convoys (NPAC) that indicate their morality and action towards for the common wealth of the people who faces
disaster in their zones like, Dominica, Syria etc.
four elements of Utilitarianism theory that organization follow and apply.
Consequentialism
Consequentialism is a view to look forward organization moral rightness of action which they are doing in their
business to follow the rules and regulation and value. Company should look forward the consequences while they
doing something for example; Boden promise to their customer as they provide premium material products to their
consumer and with a good quality if they fail so then the consequences will be bad for the reputation of the
organization and their morality as well.
Welfarism
Welfarism indicates the welfare of individual by the organization as they provide many charity and donation to the
community for their well-being and this will also help the organization in their ethical practices and encourage
everyone in the organization to promote the welfare for better advancement. For example; company engage with
many NGO and many more charitable communities like; NPAC they provide fund to those people who face
disasters for their better welfare.
Impartiality
The theory also consists the impartiality which Boden is also follow in their work field, company do not make
impartially among their employees and make every one equal. Boden in their organization work as an impartially by
which the employee is motivated to do their work effectively because they feel safe and secure.
Challenges that company faces
There were many challenges that organization faces in their ethical practices include promoting business based on
the integrity and trust. There are a lot of issue which is complex in accommodating diversity and emphatic decision
making also compliances with the government rules and regulation.

major challenges faced by organization
Unethical accounting
Unethical accounting determines the conflicts and wrong information of the transaction etc. In
organization they had faced the unethical accounting problem in past when the conflict among the
management is occur. It is a serious issue that is unethical in organization and their work practices.
Boden overcome with this challenges by set conventional principles in their organization and
implementation of the Utilitarianism theory help a lot. Clear and transparent policy also help
organization business in their practices of ethical business and to overcome with the challenges that
they face.
Social media ethics
Oversharing client information and messy emails which is out of context by organization in their
starting period. Company should have to remain committed to the personal values, moral and standard
of the organization. Respect the personal information of clients and be transparent in giving review and
detailing of the content which organization provide to their customers. By checking facts and also
company void doing over promising to deliver and attract more customer by faking things.
Health and safety
People die every day at the workplace because there are no precautions and prevention take for them in
a work place. minorities discrimination and disabled employees issued that company faces before.
therefore, to overcome this issue organization implement health and safety measure in organization for
their employee like, communication, protection of their health by providing clean and eco-friendly
environment at work place
5 key stakeholders of Boden
Customers
Nowadays, Business environment are become competitive. To satisfy customer organization should
deliver the products on time as they promised. The better the quality company provide to their customer
for better enhancement of organization. When consumer buy products from the company they trust them
and organization should also have focused towards the quality of the products they provide to their
customers. Company enhance their business standard by providing their customers a better quality
product.
Employees
Employee is one the factor who has a direct stake in the organization. Employee earn income by support
the business practice of the organization with their benefits as well. Depending on the nature of business
that employee also have health and safety measure. in organization all employee provides the safe and
clean environment and discrimination free environment. employee can also enhance business standard by
effective work practices within an organization.
Society
Organization wholly responsible for the society welfare. organization should provide, charity as they
already did and jobs in the society or community where they situated and by which they are able to make
recognition among the society. economic development and health factor of the society is also essential for
the organization. nowadays, the COVID -19 has major impact on the society therefore, the social
distancing occurs in the society for their safety measure. company also implemented a safety measure for
their customers and society to prevent from the virus and enhance in the business standard.
CONCLUSION
Report concludes the information about the ethical practices
in organization. The factor which company do maintain their
business ethical and maintain the rules and procedure of the
organization. Business organization embraces ethical practices
to conduct their business affairs perfectly and achieve the
success and commitment which they give to their employee as
well as consumers. Report concludes the ethical philosophy
follow by organization for their better performance and
address 5 key stakeholder to maintain their business standard
and enhance their work practices.
REFERENCES
Books and journals
Ferrell, O.C., Harrison, D.E., Ferrell, L. and Hair, J.F., 2019. Business ethics, corporate social
responsibility, and brand attitudes: An exploratory study. Journal of Business Research, 95,
pp.491-501.
Sroka, W. and Szántó, R., 2018. Corporate social responsibility and business ethics in
controversial sectors: Analysis of research results. Journal of Entrepreneurship, Management and
Innovation, 14(3), pp.111-126.
DeTienne, K.B., Ellertson, C.F., Ingerson, M.C. and Dudley, W.R., 2021. Moral development in
business ethics: An examination and critique. Journal of Business Ethics, 170(3), pp.429-448.
Bell, E., Winchester, N. and Wray-Bliss, E., 2021. Enchantment in business ethics
research. Journal of Business Ethics, 174(2), pp.251-262.
Melé, D., 2019. Business Ethics in Action: Managing Human Excellence in Organizations.
Bloomsbury Publishing.
Weiss, J.W., 2021. Business ethics: A stakeholder and issues management approach. Berrett-
Koehler Publishers.