MGT301A: Ethics and Sustainability
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Laureate International Universities
Ethics and Sustainability (MGT301A)
Added on 2020-04-21
MGT301A: Ethics and Sustainability
Laureate International Universities
Ethics and Sustainability (MGT301A)
Added on 2020-04-21
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Running head: ETHICS AND SUSTAINABILITYEthics and SustainabilityName of the StudentName of the UniversityAuthor Note
1ETHICS AND SUSTAINABILITYTable of ContentsIntroduction and Background..........................................................................................................2Impact on stakeholders....................................................................................................................3Multi-stakeholder policy (Kimberley Process)............................................................................3Companies...................................................................................................................................4Non-Governmental Organizations (NGO)..................................................................................4Main issues......................................................................................................................................5Legislation.......................................................................................................................................6Diamond Tagging........................................................................................................................7Recommendations............................................................................................................................7Conclusion.......................................................................................................................................7Reference List..................................................................................................................................8
2ETHICS AND SUSTAINABILITYIntroduction and BackgroundThe conflict diamonds, which are popularly also known as blood diamonds are usedmostly by the rebel activists so that it can fund the civil wars that are currently taking, place inlarge parts of Africa. The rise in the funding have resulted in the displacement and death ofmillions of people, as terrorist groups such as Al-Qaeda finances most of the activities andindulge in money-laundering purposes (Smillie 2016). Figure 1: Conflict Diamonds(Source: Jakobi 2013)In the recent times, the practice is still going strong due to major conflicts that are stillraging on some parts of the African continent. Parts like Ivory Coast, which is still under therebels, are being mined for the diamonds so that it can be smuggled in the neighboring countriesto be provided in the international markets. The Kimberley Process that was set up by the UnitedNations (UN) tries in stopping the trade by the illegal smuggling of these diamonds haveincreased and gained its access in Ghana from where it is sold in the international market (Jakobi2013).
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