Corporate Ethics - Case Study

Running head: CORPORATE ETHICS
Corporate Ethics
-Case Study
Name of the Student
Name of the University
Author Note

1CORPORATE ETHICS
Contents
Introduction................................................................................................................................2
-Carroll’s Pyramid..................................................................................................................2
-Aim.......................................................................................................................................2
-Background of the company.................................................................................................2
-Background of the ethical issue............................................................................................2
Economic tier.............................................................................................................................2
Legal and regulatory issues........................................................................................................4
Ethical tier..................................................................................................................................5
Discussion and limitations.........................................................................................................6
Conclusion..................................................................................................................................6
References:.................................................................................................................................8

2CORPORATE ETHICS
Introduction
-Carroll’s Pyramid
Carroll’s Pyramid of corporate social responsibility is a framework that outlines the four most
important business responsibilities in hierarchical structure in the shape of a pyramid with the
lower layers of the pyramid representing the more urgent an immediate responsibility. The
pyramid comprises of four layers including economic responsibilities, legal responsibilities,
ethical responsibilities and the philanthropic responsibilities (Carroll 2016)
-Aim
The aim of the study is to analyze an ethical issue related to an internally listen organization
using the Carroll’s pyramid of CSR to understand an critically analyse the actions of the
organization in accordance to the four tiers of the activity.
-Background of the company
Nestle is a multinational company from Switzerland that specializes in foods and drinks and
is one of the largest food business in the world in terms of its revenues and is at no. 33 of
Forbes Global 2000 list of largest public companies in 2016 and is also a part of Fortune
Global 500 list at number 64 in 2017 (Baden 2016).
-Background of the ethical issue
The organization has face several accusations of unethical practices in marketing in which it
tries to mislead and manipulate its customers through wrong claims. One such practice of the
company was to sell breast milk substitute for babies with misleading claims about the
nutritional quality, comparing them to mother’s milk.
Economic tier