Business Ethics in Relation to Codfishes in Canada

Added on - 21 Apr 2020

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Running head: BUSINESS ETHICSFisheries PolicyName of the student:Name of the university:Author note
1BUSINESS ETHICSThe issue regarding the codfishes are one of the burning topics in the history ofCanada. The fishery department is governed by the Department of Fisheries and Oceans andimplemented necessary policies regarding the same. It has been observed that the majoreconomic as well as the financial growth of Canada is depending on the exportation of thecodfishes and the department is engaging itself to reserve the sustainability of the aquaticecology (Hutchings & Post, 2013). The main duty of the government is to implement all thenecessary steps and the policies so that the process of sustainable development can befacilitated. Duties have been imposed on the federal government to mandate policies for theprotection of the fishery resources and salt water harvesting for the rapid growth of the fisheson the coastal areas of Canada. Prof. Airely has mentioned certain factors in his book HonestTruth about Dishonesty (Ariely, Dan). However, certain rights have also given to the anglersagainst their rights over the sea property and decision-making powers are being confirmed infavour of them. The department is also liable to look into the matters of overfishing. It hasbeen understand from the above paragraph that the department of fisheries and the Federalgovernment are imposed with certain duties regarding the marine ecology and can implementpolicies for overfishing to regulate the sustainable development (Bailey et al., 2016). It hasbeen observed that the Canadian Government had adopted many policies to regulate theoverfishing and the outcomes of the policies are being discussed in the parliament. The mainoccupation of the Anglers lived in the East Coastal of Canada depend on the codfishes. Forover five hundred years, they are depending on this and it has been observed that the marineecology is vehemently affected by this. Therefore, in the year 1992, the CanadianGovernment had implemented certain policies for the protection of the sustainabledevelopment (de Kerckhove, Minns & Shuter, 2013). The biologists have accepted thelimitation prescribed by the Federal government, but certain dilemmas have been cropped upand that has been mentioned below: After the decision of the government, the use of the
2BUSINESS ETHICStechnologies has been incremented and it creates an adverse effect on the fishes. Theradiations emitted from those equipments are harmful for the survival of fishes and areduction in the cod stock has been observed (McDevitt-Irwin et al., 2015). The seconddilemma regarding the decision is the assessment of the codfishes become more difficult andit has been observed that the Canadian fisheries have to face ecological problems. TheCodfishes were regarded as the cultural identity for the eastern zone and due to the decisionof the government; interference has been made into this. The limitations made by thegovernment have driven the companies towards loss and the economy of that portion wascollapsed. Problems have also generated due to the mismanagement of the governments andthe consequences were imposed on the anglers and the related companies (Chopin, 2015).The issue of codfishes is a sensitive matter in Canada and the government is requiredto take certain ethical steps to deal with the matter. Professional ethics are playing animportant role in case of the policy implementation (Dawe & Schneider, 2014). The outcomeof the policies should be moral and effective for the citizen. The business regarding thecodfishes is treated as one of the main industries and the livelihood of the coastal regions aredepended on it. If the government has adopted a policy, it should not affect the profession andthe emotion of the anglers. The term professional ethics is based on four main pillars such asthe honesty, integrity, transparency and obedience to the law (Williams et al., 2014). It is theduty of the government to look into the matters that whether all anglers are abiding by therules or not. Maintaining the rules could lead towards the integrity of the profession and thestandard can possibly be maintained. There is a code relates the ethical approaches andconduct namely Fisheries and Oceans Canada Values and Ethics Code and the rules of thesaid code are mandatory for all the professionals and management. The main intention of thegovernment is to look after the matters and set out plans for the beneficiary use of the rulesby the professionals (Hessing, & Summerville, 2014). It can be stated that the application of
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