Corporate Responsibility Ethics and Governance Running Head: Corporate Responsibility Ethics and Governance

Running Head: Corporate Responsibility Ethics and Governance
Corporate Responsibility Ethics and Governance
Essay
System04104
1/21/2019

Corporate Responsibility Ethics and Governance
1
Executive Summary
Woolworth is a popular supermarket giant in the Australian retail market. Woolworths is an
incorporated public company that is listed in Australian stock exchange. Woolworths is also
known for its largest retail supply chain stores in Australia. According to the market
capitalization and sales, it is one of the largest companies in Australia and New Zealand.
The company was found to be guilty of mislead and cheat Australian consumer in Feb 2016
by the ACCC and fined for $3.057 million for its unethical practices. This report is based on
the unethical business practices of the Woolworths. In this report it has been discussed that
how company avoided their responsibility towards the people even when they aware about
their defective products and false information. They even fail to notify such issue towards the
ACCC and also failed to recall their products from the market. The company also lack in
their quality assurance and control programs because it was also the failure of their 'product
quality and standards' department.

Corporate Responsibility Ethics and Governance
2
Table of Contents
Executive Summary...............................................................................................................................1
1. Introduction...................................................................................................................................3
2. A brief history of the Organisation................................................................................................3
3. Discussion of the case....................................................................................................................3
4. Argument about the case..............................................................................................................4
5. Ethical Decision-making approaches and Theories........................................................................5
6. Recommendations.........................................................................................................................6
7. Conclusion.....................................................................................................................................6
References.............................................................................................................................................8