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BUSINESS ETHICS.

   

Added on  2023-03-17

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Running head: BUSINESS ETHICS
Business Ethics
Name of the student
Name of the University
Author note
BUSINESS ETHICS._1

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BUSINESS ETHICS
Executive Summary
The main purpose of the report is to elucidate on the scenario of the restaurant in which the
restaurant owner wants to make use of sustainable packaging so that it can help in
maintaining the reputation of the company. The report elaborates on the stakeholder theory
that can help in analysing the problem in the restaurant. The report also states the
recommendations that can help the company in being sustainable. The report states how the
upgradation of the older products can bring benefits for the company. The report recommends
that package testing can prove to be fruitful for the success of the restaurant.
BUSINESS ETHICS._2

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BUSINESS ETHICS
Table of Contents
Introduction................................................................................................................................3
Summary of scenario..................................................................................................................3
Stakeholder Theory....................................................................................................................4
Analysis......................................................................................................................................5
Alternative solutions..................................................................................................................7
Recommendations......................................................................................................................7
Conclusion..................................................................................................................................8
References..................................................................................................................................9
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BUSINESS ETHICS
Introduction
Business ethics refers to study of the appropriate business policies along with the
practices pertaining to corporate governance, bribery, corporate social responsibility along
with the discrimination. Business ethics is indicative of the professional ethics that helps in
the examination of the ethical problems which can rise within the business environment
(Crane & Matten, 2016). Business ethics is indicative of the organizational standards that
helps in governing the actions of a business organization. It is applicable to all the aspects of
the business conduct that is significant for the conduct of individuals in organization. This
report throws light on the issue of sustainability in a restaurant of Sydney pertaining to the
packaging like straws along with napkins for restaurant.
Summary of scenario
Bob is venue manager of a restaurant that has 150 seats within the tourist area of the
Sydney. Bob is responsible for buying all the takeaway containers along with the boxes like
the straws along with the napkins for the restaurant. Venue owner of the restaurant wants to
lessen waste footprint that the venue is making within the environment. He wants to make the
company into a sustainable one by taking recourse to the environmentally friendly packaging.
Bob has to find a method that can help him in balancing the decree of John and at the same
time keep cost of the packaging within that of the budget. Bob has to face the ethical issue on
account of the fact that he has to implement policy in relation to the sustainable packaging
which has been ordered by the owner. Bob has to take care of the fact that the policy would
not cut into his profit margin (Trevino & Nelson, 2016). This can help in dictating the
viability of the restaurant that can help in the maintenance of the sustainable financial future.
The plan of Bob is to pass increased cost of that of the environmentally friendly packaging
BUSINESS ETHICS._4

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