(solved) Business Ethics - Doc

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Added on 2020-11-23

(solved) Business Ethics - Doc

Added on 2020-11-23

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BUSINESS ETHICS

Table of ContentsINTRODUCTION...........................................................................................................................1NORMATIVE THEORIES.............................................................................................................1CONCLUSION AND RECOMMENDATION...............................................................................5REFERENCES................................................................................................................................1

INTRODUCTIONBusiness ethics is the concept which involves principles, morals, problems etc. takingplace in business environment. Business ethics identifies good and bad behaviour as per mind-setof an individual. For instance, in business, reasonable pay to employees is an ethical practice.Business ethics is important for long run sustainability of business, gaining confidence ofcustomers, maintaining goodwill in industry, creates loyalty among customers etc. This helps toachieve goals and objectives and make long and good relations with consumers. Explicit code ofethic is considered as a specific behaviour of people to determine which think is ethical andunethical in context to the food retail sector. There are certain set of laws those are dictate whichactivities society that has deemed to be clearly wrong. Activities for which all the retailers andtheir employees will be punished according to federal or state legal system. In the view point of competitive aspects and dynamic environment within which retailsectors used to operates, it is crucial to monitor the legal and ethical limitations those areaffecting the sectors. The most important ways to overcome the ethical issues those are arises inthe food retails sectors can be done through collecting proper information. Considered all theissues of accountability as well as use all the resources that are available to researcher so thatexact problems can be identify. In order to analyse the impact of this food retail sectors issuesvarious kind of theories are required to be taken into account. This report is based on retail sector including super market chain. In this report, ethicalissues faced by retail sector are discussed under this report. The use of consequentialist and onenon-consequentialist theories are applied to the food retails sectors. Apart from this, analysis ofsome ethical framework that have been covered the business conduct and synthesize ideas tocreate response to ethical dilemmas are mentioned effectively. On the basis of proper analysis, avalid recommendation is being made that can assist in facing all the difficulties those areassociated with the retails sector (Hoffman, Frederick and Schwartz, 2014). NORMATIVE THEORIESCSR is increasingly considered as an issues for various companies whether operating inretail or any other sectors. It is complex and multi-dimensional organisational aspects that isdetermine on the basis scope for which an organisation used to perform their role effectively.there are various ethical issues those are associated with the food retailed sectors. Some of themare mentioned underneath: 1

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