Business Ethics and Business Management

Business Ethics and
Business Management

Contents
PART 1............................................................................................................................................3
Existence of ethical issues and the presence of enterprise in social structure.............................3
Identification of primary stakeholders and their effect...............................................................4
Regarding moral decisions have seen many firms dis / benefit..................................................4
Client guidance and suggestions deriving from research............................................................5
REFERENCES................................................................................................................................6
PART 1-B........................................................................................................................................7
Introduction.................................................................................................................................7
REFERENCES..............................................................................................................................11
PART 2..........................................................................................................................................12
Ethical president, as well as the qualities of an ethical leader..................................................12
How can I keep raising my organization above the established standards as such an ethical
manager?...................................................................................................................................13
CONCLUSION .............................................................................................................................13
REFERENCES..............................................................................................................................15

PART 1
INTRODUCTION
Business ethics refers to the execution of business laws and procedures relevant to the theme
of controversy. This extends to all forms of corporate governance and appropriate to individuals
as well as the corporation. Ethical analysis is characterized to pursue the equilibrium benefit of
the entire planet for current generations to suggest. Morrison’s seems to be the UK's largest retail
chain and its offices are in England. The case study selected within this report is “The gender
pay gap: what the median pay gap says about Morrison”. The question exists in this business
around the gender wage disparity (Doucet, Smith and Durand, 2012). Women workers acquire
88p per each £ 1 every man earns average pay when compared to the means. It is ethically wrong
in existence and, based on their job positions, the business must pay employees. This should
explore the concept of ethical concerns and the position of business ethics underneath the case
presented. Moreover, report will addressed the values recognized for ethical integrity and
organizational company development.
Existence of ethical issues and the presence of enterprise in social structure
Ethical question relates to problem or person that helps the individual or corporation to
height difference that really should be considered as socially responsible or immoral. Morrison’s
faces the same litigation proceedings from the floor workers store which is operated by another
firm. It reports that about 80,000 Morrison’s team employees will be liable for the award. In the
context of respective firm which has become the first UK to subscribe to a revolutionary ethics
program that encourages workers to publicly speak about working practices as growing.
Moreover, ethical aspects are linked to the gender wage gap throughout the firm and the
implications of the company emerge. For every £1 that people receive by considering daily pay,
women employees gain 88p (Wood and et. al., 2016). The women workless median annual
wages is at least 11.5 as opposed to males. Morrison’s does have the adverse impact on sales as
not treating employees of men and women through an equal footing. In terms of wage disparity
problem, if the latest court proceedings against client progress which may attract £1bn charge.
Legal firm Leigh Day demands justice for the females throughout the store shop-floor workers
being received less than the male workers in Morrison.

About 80,000 Morrison retail employees will be able to demand a minimum of billions of
pounds seeking payback. Apart from this, Morrison Corporation faces fair compensation demand
from the workers shop, rising stakes in long-term controversy about the importance of specific
forms of retailer jobs. With respect to either the gender pay gap, feminist group takes legal
proceedings against grocery store surrounded by white assertions to never pay similarly to male
employees doing the same task. The unfair compensation problem has adverse effects along with
workplace competitiveness on employee efficiency rates (Morrison, 2012). Thus, an equal pay
for both male and female workers is play a significant role in motivating as well as encouraging
them towards their roles and responsibilities. For this, Morrison formulate fair pay scale to each
and every employee whether they are male or female. This can be beneficial in developing
positive relation among all the workers as they easily attain their set goals and objectives in an
appropriate period of time. In context to society, pay gap is one of major issue for women as they
are less likely progress as compare to men in their career because they get less pay and benefits
within their career. It is also an ethical issue in which gender inequality affect the employees
performance at working area of Morrison's. Due to this, company face issue of negative working
environment by affecting employee performance level.
Identification of primary stakeholders and their effect
Stakeholder is really a part of the communities which will cease to operate without their help
organization. This is a party that has an organization interest and can have an influence through
company. Morrison corporations allow greater in and out of the enterprise. Its internal owners
are executives, administrators and employees. External parties on the other side comprise of
lenders, consumers and administration. In addition to this, there are some primary stakeholder of
company such as investors, employees, customers and its suppliers. All these have direct interest
within the company and also affect the entire activities of business organisation. Under either
framework, interested parties play an essential position in problems of gender wage gap (Groom,
2018). The negative effect of gender pay gap is mostly on females working in the organization.
Due to pay gap, stakeholder are less interested within the organisational activities and its
functioning. This is the reason that company can be be meet stakeholder needs and wants. It put
negative impact over the performance level of the company and also reduce its positive brand
image at competitive market place. That is essential to make employees believe of their work
environment rights and obligations. The primary role of internal stakeholders such as employees