Comparitive Business Ethics and Social Responsibilities

Running head: COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES
COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES
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1COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES
Table of Contents
Introduction....................................................................................................................................2
Brief discussion of the news article............................................................................................2
Ethical issues in the news article................................................................................................3
Relevant moral theories...............................................................................................................5
Conclusion......................................................................................................................................6

2COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES
Introduction
Business ethics is often considered as the corporate standards and moral values
that are accepted in an organization. Business ethics proposes a guideline which
businesses follow in order to gain acceptance by the public (Robertson, Voegtlin and
Maak 2017). Ethics in business is said to be one of the most important of aspects of
business these days for the positive reputation and for the smooth operations of a
business. This paper will focus on the recent news article by ABC News about polluting
cars by the leading brand, Toyota.
Brief discussion of the news article
According to the news, Toyota the car company is being sued because of their
faulty diesel particulate filters. Australia is said to have been lagging behind in
comparison to other countries in terms of emissions of pollution from cars because of
the inefficient standards set by the government. Faulty diesel particulate filters (DPF) by
Toyota have become a huge issue for the drivers in Australia as they have complained
that the cars by the company have been causing excessive smoke and have been
negatively impacting the fuel efficiency of the cars (ABC News 2019). Many drivers in
the country are being hit with notices and are being fined because of excessive smoke
which is coming out from the vehicles of the drivers. Many people have given ABC news
an interview about them receiving notice from NSW Environment Protection Authority
(ABC News 2019). This issue is not only impacting the drivers because of the legal
notice but has also been impacting the society and the environment in a negative way.
The polluted gas are paving way for increase in health issues and has also been

3COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES
contributing to global warming and climate change which may affect Australia as well as
the world in a negative way. This is not only hampering the company and their
customers and also the environment thus this issue faced by Toyota is completely an
ethical issue. This paper will shed a light on the ethical issues of Toyota and what
decisions can be made to resolve these issues aligning with the ethical theories for the
betterment and the development of the business.
Ethical issues in the news article
The news article talks about the ethical issue that the company Toyota is
currently facing because of the faulty DPF which has been creating pollution and also
has been creating problem for their customers as they are being penalized for using the
cars by the company. According to scholars, business ethics are said to be the moral
values that are usually accepted by the organization and operate the business aligning
with the laws (Halinen and Jokela 2016). Namada (2018) states ethical behavior in a
business can make significant benefits to the business of the organization like attract
customers, employee retention, increase productivity, attract investors and many more.
In this article it can clearly be seen that the methods and the practices incorporated by
the company is not going to bring any benefits to the organization rather is going to
impact the company negatively which may become a huge problem for the company in
the long run. Ethics in business means to operate in a way that brings gains to everyone
associated with the business from the stakeholders, shareholders, employees and their
customers (Ogbari et al 2016). In this news, it can be seen that the ethical issue in the
business is not only affecting the business but also the customers who are considered
to be one of the key stakeholders of an organization as it is the customers who have