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Exploring Business Ethics: A Case Study on Philip Morris International

   

Added on  2023-06-14

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Exploring business ethics
Exploring Business Ethics: A Case Study on Philip Morris International_1

TABLE OF CONTENTS
QUESTION 2..................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4
Exploring Business Ethics: A Case Study on Philip Morris International_2

QUESTION 2
INTRODUCTION
Business Ethics is concerned with conducting the activities which are fair and significant
kind of activities so that positive working environment can be developed. In the current era,
awareness regarding the business ethics has inclined which require firm to pay attention on
developing significant strategy that can allow to achieve positive outcome. For this purpose,
number of course of action are adopted by company for ensuring that higher profitability with
maintain sustainability can become possible. The current study is based on evaluating how
case regarding Philip Morris International (PMI) practices regarding commitment of creating h
smoke free future. It will involve information from the perspective of Immanuel Kant and
Milton Friedman.
MAIN BODY
Philip Morris International is one of the biggest company that has significant level of
growth and market share in the manufacturing sector. The company has taken several course of
action for improving its financial and non-monetary position. It is recognized as the one of the
bestselling organization that has allowed it to grab the strong position in the sector. In addition
to this, company pay attention on compliance with American corporate ownership for pursuing
the growth & market share in both domestic & international market. There are number of
objectives which are formulated by the company in order to accomplish its social corporate
responsibility which is essential part of business ethics (Sroka and Szántó, 2018.). Factors of
products such as material, et car obtained from society so it is important for the company to do
welfare for them so that higher profitability and sustainability can be derived.
For this purpose company has promised that it will create smoke free future by
eliminating the usage of health hazardous commodities. In respect to this, m company has
legally purchased Vectura which is one of company that has specialization in manufacturing
the commodities that can cause respiratory diseases and asthma. This course of action can
allow the firm to meet the objective so that higher profitability & stability with ensuing good
brand image. These promises made by the firm are perfectly opposing from the activities
conducted by the company. There are several products which are offered by PMI to its targeted
segment for generating revenue so that higher strong financial condition can be exerted. This
1
Exploring Business Ethics: A Case Study on Philip Morris International_3

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