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Business Ethics: Importance, Theories, and Approaches of Sustainability and Corporate Social Responsibility

   

Added on  2023-06-18

10 Pages3559 Words135 Views
Business Ethics

Table of Contents
INTRODUCTION .........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1: REFLECTION..................................................................................................................3
Analyse stakeholders perspective on business behaviour...........................................................4
Evaluate the importance of business ethics.................................................................................5
Identify and examine normative and descriptive business ethics theories..................................6
Investigate and evaluate approaches of sustainability and corporate social responsibility.........7
TASK 2: CASE STUDY REPORT.................................................................................................8
Making informed judgements of business ethics dilemmas.......................................................8
Accessing and utilising the learning outcomes in the subject area.............................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Business ethics are defined as the study of such business policies and procedures which
are used within businesses. These are regarded as such aspects which are covered by the business
so that appropriate business responsibilities can be executed. Business ethics are regarded as
such practices in which appropriate aspects can be executed and business can be conduct in easy
manner as well. Following business ethics such practices can be adopted by the business which
are beneficial and such processes can be eliminated which are risky for the organisation.
This report is based on a case study named Apple’s Slowed Down iPhones. The case
study says that apple has fined due to slowing down of their older iPhones in order to enhance
market demand and sales for their new iPhones. In this manner the company is facing issues
related with lawsuits as the company is allegedly slowing down their devices without intimating
their customers. Following to the case the company has apologized and gave this activity a title
of misunderstanding and offered deal of battery replacements for $29 instead of $79 for older
phones. As Apple claimed that once the battery is replaced the life of the phones.
MAIN BODY
TASK 1: REFLECTION
I have participated in the group discussion where the discussion was made on the case
study of Apple’s Slowed Down iPhones. There were total 8 members in one group discussion
and each and every one got the chance to speak about their opinions on the case study of
business ethics related to the Apple company. Discussion was on to decide that whether we have
to speak in the favour of Apple company or in against of it with proper justification and good
fluent communication in the answer for better understanding fact which I have to convey to other
people in a more presentable manner so that I can speak in a easy language in order to reduce
any complication while understanding any opinions. I have spoked in favour of Apple company
because I felt that their doings contains the marketing strategies of new iPhones sale in an
upgraded manner. I have also justified my answer by providing the valid reasons of doings by
the organization. Talking about my performance, I felt that I performed on the average basis
because the major topic was the business ethics and the case study provided was totally relating
to it but then also as per my opinion I had spoken in favour of the company because I was not
knowing that how can I go against if I don't its proper justification so I spoke of whatever I

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