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GOVERNANCE AND BUSINESS ETHICS.

   

Added on  2022-11-11

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GOVERNANCE AND BUSINESS ETHICS 1
GOVERNANCE AND BUSINESS ETHICS
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GOVERNANCE AND BUSINESS ETHICS._1

GOVERNANCE AND BUSINESS ETHICS 2
Executive summary
The following report is based on the analysis of business ethics and understanding of the
operations of the New Zealand based company Cadbury NZ. The report focuses on the various
concepts of corporate social responsibility and the moral philosophies of the business, and the
process of the decision-making process. The report includes the ethical issues of the company
faced in the current market and the nature of the conflict. Various analysis like teleological,
deontological, and other contemporary theories are being conducted to understand the ethical
issues of the company. The study found out that there are various implications on the
stakeholders and other cross-cultural fundamentals. The study states that many things influence
the decision making process with regards to the ethical policies of the company. The report also
focuses on the implications of the alternative solutions that will be helpful to make the issue
more clearly to its customers and other businesses.
GOVERNANCE AND BUSINESS ETHICS._2

GOVERNANCE AND BUSINESS ETHICS 3
Table of Contents
Introduction......................................................................................................................................4
Ethical dilemmas in the global environment...................................................................................4
Cultural ethics..............................................................................................................................4
Power distance;............................................................................................................................5
Individualist cultures and collectivist cultures;............................................................................6
Masculinity...................................................................................................................................7
Uncertainty avoidance;................................................................................................................7
Ethical decision-making approaches...............................................................................................8
Deontology...................................................................................................................................8
Utilitarianism...............................................................................................................................8
Rights...........................................................................................................................................9
Virtue...........................................................................................................................................9
Conclusion.....................................................................................................................................10
References......................................................................................................................................11
GOVERNANCE AND BUSINESS ETHICS._3

GOVERNANCE AND BUSINESS ETHICS 4
Introduction
Ethics means the moral principles that an individual possess which he/she might have learned it
from the society or the people around him, basically when the term is added with the business the
term focuses on the individual employee or group of employees or departments which work
together to achieve a goal of the company, and the goal of the company is to make profit but in
order to achieve that goals the company follows some principles which add value to both the
company and its customers(Leonard, 2018). Business ethics means the cultural values imposed
into corporate practices, which include the philosophical values of the culture. To deliver the
business to the customer better than the competitors in the market have a direct relation to the
ethical policies of the business which makes the business differ from the others and attracts
customers, it is invisible but visible as an outcome of the values followed (Ware, 2016).
The brief history of Cadbury New Zealand.
In 1824, Birmingham England, John Cadbury started selling tea coffee and drinking chocolate,
and from about 1831 he also began the production of the variety of cocoa and drinking
chocolates, which were produced in the factories of Bridge Street and were sold mainly to the
wealthy class due to the high cost of production. John Cadbury partnered with his brother
Benjamin Cadbury and the company was named “Cadbury Brothers." The Cadbury products
were introduced to Australia and New Zealand in 1853 in which three boxes were advertised in
Adelaide, and it was the first overseas order. In 1920 the first factory was build in Australia at
Claremont which was close to the supply chain of the fresh milk. Today Cadbury has three
factories in Australia which are located in Victoria, MelbCadbury'sne, and Claremont and one in
New Zealand which is in Dunedin
GOVERNANCE AND BUSINESS ETHICS._4

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