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Business ethics and responsible management

   

Added on  2021-02-18

12 Pages4093 Words225 Views
BUSINESS ETHICS ANDRESPONSIBLEMANAGEMENT

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3PART 1............................................................................................................................................3a. Ethical implication of the case............................................................................................3b. Two ethical theories and their application..........................................................................6PART 2............................................................................................................................................8Qualities that make an ethical leader and ethical manager.....................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness ethics is defined as the understanding and evaluation of the business policiesand procedures relating with the fact that these practices are correct or not. It is a form ofprofessional ethics which checks and studies all the principle which guide the ethical behaviourof the business and also includes the analysis of different ethical problems which may arise in thebusiness (Weiss, 2016). Also, there is a need of responsible management within the business.This is necessary because of the reason that if the management will be good then every problemwill be managed in good and accurate way. The present report will discuss the ethical issues and the role of business which it playswithin the society. Also, the assignment will highlight the different stakeholder of the companyof Tuna and the impact on them. Further, it will recommend some measures to improve theposition of company. Next, two different ethical theories will be discussed which the companycan apply for effective working. In the end some qualities will be outline in a discussion on theethical leader and ethical manager.PART 1a. Ethical implication of the caseEthical issues and role of business in societyThere are many different issues relating to maintenance of ethics within the company(Hibbert and Cunliffe, 2015). Ethical issues in the business occurs when a certain decision or anybusiness activities creates some conflicts between the moral or principle of good and bad thing.Like for instance, for one employee certain is correct but for another employee that thing is notcorrect. This is referred to as ethical issues. The case study states that major companies of Tuna have failed to handle the problem ofmodern slavery within its supply chain. There was a human right abuse in Tuna as this problemof modern slavery included human trafficking, forced labour, child labour, slavery and manydifferent related activities were taking place (Out of sight: Modern slavery in Pacific supplychains of canned Tuna, 2019). The supply chain of the companies is very opaque and it wasdiscovered that only 20 % of the company mapped their supply chains. Rest of the companiesdidn’t mention their supply chain and from where they get their material. It was mentioned thatonly 4 out of 35 companies have their due diligence policies and regulations which specificallyrelates to the solving the risk of modern slavery within the supply chain.

Here maximum of the companies is failing to enforce the human rights and relatedstandards in its supply chain management but only 3 out of 35 companies follows this modernslavery prohibition through its whole supply chain (Nonet, Kassel and Meijs, 2016). This is anethical issue because the aspects which are involved in supply chain are like forced labour,human trafficking and other related issues are the major ethical issues which are faced by thecompanies of Tuna. This is because of the reason that these issues impact the rights of the human and violatesthem as the humans are not given their actual rights and are also forced to do the work. Also, thisincludes trafficking of human capital which means that the individuals are being purchased andsold either by way of threat or deception or coercion. After the sale the human beings areexploited and forced to do work and are not even paid or are paid very less. Role of business in societyThe business plays a crucial role within the society. Society is a place where the businessexists and it is the reason for which the business exists. This is due to the reason that theconsumers are a part of society and the business exists only for fulfilling the needs andrequirements of the business. Therefore, it is very necessary for business to take care of thesociety as it works for the development and betterment of the society.The major role which the companies of Tuna plays in the society is providing for thegood and services for the consumers living in the society. This is just not providing for the goodsor the services but for premium quality goods and services. The company runs for delivering theproducts to the consumers but the aim is to provide ion time services and with superior qualitywith the intention of satisfying the needs of the consumers. Therefore, it is the role of businessfor the society that they need to satisfy the needs of the consumers by providing them qualityservice.Another role for of the companies of Tuna for the society is of fulfilling the corporatesocial responsibility. The CSR refers to as a concept wherein the company provides a part of itsprofit in the development of the society (Burchell, Kennedy and Murray, 2015). Thisdevelopment can be in many ways like protection of environment, or by providing for theeducation of the poor children, uplifting the poor section of the society and many other differentmeasures.

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