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Ethics and Social Responsibility of IKEA

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Added on  2020-03-28

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Running Head: Business Ethics Management Business Ethics 9 Business Ethics Contents Abstract 1 Introduction 1 Question 1 1 Question 2 2 Question 3 3 Question 4 4 Question 5 5 Conclusion 5 References 6 Abstract The report explains the ethical and social responsibility of the company IKEA with respect to the stakeholders of the organization. Further, the report comprises of IKEA's ethical issues, code of conduct, vision, mission and corporate social responsibilities to fulfill in the global market (Alnge, Clancy, and Marmgren

Ethics and Social Responsibility of IKEA

   Added on 2020-03-28

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Running Head: Business EthicsBusiness Ethics
Ethics and Social Responsibility of IKEA_1
Business Ethics 1ContentsAbstract.......................................................................................................................................................1Introduction.................................................................................................................................................1Question 1...................................................................................................................................................1Question 2...................................................................................................................................................2Question 3...................................................................................................................................................3Question 4...................................................................................................................................................4Question 5...................................................................................................................................................5Conclusion...................................................................................................................................................5References...................................................................................................................................................6
Ethics and Social Responsibility of IKEA_2
Business Ethics 2Abstract The report explains the ethical and social responsibility of the company IKEA with respect to thestakeholders of the organization. IKEA is a well-renowned company known for manufacturingfurniture worldwide; the company sells their products at reasonable prices and fulfills theirethical and social responsibility. Further, it is the corporate social responsibility of IKEA to keepthe interest of stakeholders lied in the business and do not defraud them with the activities. Thereport comprises of the CSR of the organization and obligation of the company towards itsstakeholders. It also gives a view of the activities which the company initiated for their members.Introduction IKEA is the world's one of the largest company selling furniture at reasonable prices worldwide.The products of IKEA are well-designed and cheap due to which the customers are insisted tobuy the product of IKEA only. Currently, the company has a huge employee base of 139,000employees working with them. The company is situated in total 43 countries worldwide. Further,the report comprises of IKEA's ethical issues, code of conduct, vision, mission and corporatesocial responsibilities to fulfill in the global market (Alänge, Clancy, and Marmgren 2016).Adding to it, the report also gives a view rightful acts which the company shall perform in futureto initiate an ethical code of conducts in the organizational process. Question 1 Despite earing such good brand image in the market, the company still suffers from ethical issuewhich hinders the sustainable growth of the organization. Also to initiating their corporate socialresponsibility the company initiated many activities to resolve the issues as well. Further the
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Business Ethics 3most critical which came in front of the company is that there were some allegations imposed onthe company that they were not following the corporate social responsibility. Additionally, it wassaid that the company involved themselves in some activities which were against the humanrights, resulting to which IKEA also agreed on the term that was imposing the German politicalprisoners to work for irrespective of their will (Andersson 2017). But the company alsomentioned the fact that the even had happened years ago, but still, it is reflecting the growth ofthe organization till as well. Apart from that another issue which was faced by the companyIKEA was that they were pointed out for encouraging the practices of child labor in theirorganization by sourcing rugs from an Indian company which was producing goods by practicingchild labor and it was along found in the management that the company is spying in the workingof their employees which in unethical in the corporate world (Singh, Sethuraman, and Lam2017). Thus, in order to address the issue, the company adequately answered all the questions whichwere raised against the name of the company in the market. In case of the breaching of thehuman resource rights, the company stated that the event had happened in the past and no suchpractices are being implemented by the company in the current scenario (Crane, and Matten2016). Additionally, the company also initiated the corporate social activities which favored theemployees and stakeholders of the organization. They showed their extreme responsibilitytowards fulfillment of human rights in the organization. The claim was settled by having a wordwith the company that no such practices are now continued in the management of theorganization (Stahl, et. al., 2016). Additionally, to settle the dispute of child labor activities, the company stated that they onlyimport goods from India by four suppliers only. Along with which the information of those
Ethics and Social Responsibility of IKEA_4

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