Importance of Ethics for Business Managers

BUSINESS ETHICS

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
A) Importance of ethics for business managers ..........................................................................1
Role of business in society...........................................................................................................1
Stakeholders affected:..................................................................................................................2
Ethical choices impacting companies performance....................................................................2
Recommendations .......................................................................................................................3
b) Applying two ethical theories to the case study......................................................................4
PART 2............................................................................................................................................6
Ethical Leader..............................................................................................................................6
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business ethics can be understood to be widely essential aspect within keen targets
performance metrics for stable goodwill among competitive domains among shareholders and
also for yielding on new quest domains strategically. The report will be analysing cases study of
Boohoo, online fashion retail brand where there is focus on analysing social standards
advancement domains imperatively, shareholders involved which are employees, management.
Research has also concluded that new Covid -19 measures shall be taken care of imperatively
for keeping up keen standards of ethical domains and safety standards.
PART 1
A) Importance of ethics for business managers
Boohoo business mangers shall fundamentally focus on ethical performance aspects for
enhanced business performance parameters, developing ethical performance standards and also
for developing larger scale connective efficacy horizons. The ethics among company managers
will enable best decisions to be taken informatively, which bring on competent rise within
revenue and goodwill benchmarks aspects and also to upgrade new scale connectivity
imperative. Ethics also raises commitment exploration imperatively and harnesses new
functional scale scenarios which yields on operational scale connective diversity primitively.
Boohoo business managers also functionally raises new scale diversity among horizons by
working on issues and identification of new strategies for improving ethical performance
scenarios widely among stakeholders (Kusumaningrum, Sumarsono and Gunawan., 2019).
Role of business in society
Role of business in society can be understood as widely essential for bringing on wider
shift towards functional fundamental diversity parameters, productive impact among keen
domains and for strategies for generating larger determinants. Boohoo has been imperatively
heading towards new innovations and established exploration aspects, for functional targets and
also to be divergently committed to social standards towards stakeholders. Competitive
functional strength widely raises competency aspects among new domains by focusing on ethical
aspects and uprise keen standards widely. The recent Covid-19 pandemic brings before new
raised competencies widely which shall be put forward for raising best safety standards widely,
and also evolve on new domains of creative efficacy horizons. By establishing safe premises
within workplace, there is innovation enhancement within conducting new scale functional
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standards for stable keen ethical attributes. This also specifically brings forward new work
domains' growth connectivity widely on which Boohoo will be able to contribute more
specifically to all stakeholders.
Stakeholders affected:
The stakeholders affected with various decreased performance benchmarks and
avoidance of ethical aspects have been analysed to be competently found to be widely impacting
revenue along with goodwill avenues connectively. Stakeholders such as employees within
Boohoo have been found to be widely reducing efficiency levels as they are not given equal
safety standards, also for upscaled innovative competitive standards. Customers and
shareholders are also essential shareholders within brand on which there is competitive
diversion analysed widely, for which new scale connective horizons bring on informative
demands imperatively essential for more strategic performance aspects (Dajani, and Rossert,
2020). The other shareholders such as company management have been also found to be widely
declining among their work performance parameters and also to evolve on new quest goals for
providing essential safety standards productively Boohoo has been also found to be widely
reducing strategic vision aspects on which employees are being underpaid, also the production
standards have been widely unethical for providing new scale aspects of new advanced ethical
determining avenues to keep up with larger business performance targets. Social distancing
provisions have not been implemented at company, where the brand has been facing decline of
goodwill widely on larger scale connective horizons for which there is specific functional scale
diversity components evolving towards new vision perspectives.
Ethical choices impacting companies performance
The ethical choices have been profoundly impacting company performance paradigms
widely on which managers at Boohoo have been irresponsible towards establishing safety
standards among employees. Production workforce efficacy shall be maintained widely by
implementing new testing points efficacy widely and also for keeping operational hygiene
aspects, on which there shall be keen targets developed competently. Workers have been
reportedly working with no or little social distancing aspects and provision of sanitation stations
have been widely lacking, where this has created varied factor for risk among stakeholders. The
ethical choices have been widely impacting new scale commitment rise among company
performance horizons and goodwill targets, on which there has been keen aspects of ethical
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