ABC Learning: Ethical and Legal Business Practices Report Analysis

This report analyzes the ethical and legal business practices of ABC Learning, focusing on the importance of these practices for the company. The report covers the ethical and legal business practices, including the impact on stakeholders. The report also examines the importance of regulatory compliance. The report provides an overview of the Australian context and the role of the government. It also includes the impact on stakeholders. The report provides an overview of the Australian context. The report also highlights the importance of ethical and legal business practices for the company. The report also includes a list of references.

PROJECT ESSAY -
ABC LEARNING

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
1. Ethical, Legal Corporate social responsibility, practices for Australian business.............3
2. Consequences for shareholders and all the other stakeholders..........................................4
CONCLUSION ...............................................................................................................................5

INTRODUCTION
Ethical legal and corporate social responsibilities are the practices which enhances the
base of the organisation in carrying out their business operations efficiently and effectively.
Compliance with the practices is mandatory for the Australian enterprises as it promotes the
stability and sustainable development. The report will outline the practices which led to various
problems and issues for ABC learning for not following the practice framework set by Australian
government. Thus, the report will analyse the consequences of not complying with the ethical,
legal and CSR practices on all stakeholders and specially on shareholders.
1. Ethical, Legal Corporate social responsibility, practices for Australian business
Ethical practices for Australian business
Under this, the Australian business are liable to comply with ethical selling buying
practices which ensures:
 Delivering consumer and environmental friendly goods and services.
 Delivering accurate and appropriate information to consumers and suppliers.
 Make customer taste and preference priority (Denison and Avner, 2011).
 Establishing opportunity to develop healthy and long-term relationship with suppliers and
buyers.
 Making ethical decisions
 Implementing fair trading practices.
Legal practices for Australian business
Business structure: To maintain the standard of products and services the Australian
enterprises are bound to comply with Corporations Act 2001, ensures safe and healthy practices
over the products and services of the company which are produced to serve customer
satisfaction. (McWilliams, 2010).
Health and safety: It is important for the Australian business-like ABC learning to
ensure safe and healthy practices at organisation for which the Australian government has
formulated the work health and safety Act 2011, which makes sure that the organisations is
providing safe working conditions to employees.

REFERENCES
Books and Journals
Carroll, A.B., 2016. Corporate social responsibility: Evolution of a definitional construct.
Business & society. 38(3). pp.268-295.
Denison, J. and Avner, Z., 2011. Positive coaching: Ethical practices for athlete development.
Quest. 63(2). pp.209-227.
McGuire, J.B., Sundgren, A. and Schneeweis, T., 2017. Corporate social responsibility and firm
financial performance. Academy of management Journal. 31(4). pp.854-872.
McWilliams, A., 2010. Corporate social responsibility. Wiley Encyclopedia of Management.
Parker, C., Gordon, T. and Mark, S., 2010. Regulating law firm ethics management: an empirical
assessment of an innovation in regulation of the legal profession in New South Wales.
Journal of Law and Society. 37(3). pp.466-500.