Business Ethics & Tesco: Individual Report for ORGB60390 Module

This report delves into the business ethics of Tesco, a multinational retailer committed to high ethical standards. It discusses the importance of ethics in maintaining integrity, trust, and a positive working environment. The report highlights Tesco's commitment to ethical conduct, adherence to laws and regulations, and fulfillment of social responsibilities. It identifies ethical challenges faced by Tesco, such as issues related to employees and environmental impact, and examines key stakeholders including employees, customers, shareholders and government. The analysis underscores the significance of business ethics for company growth, performance improvement, and fostering a responsible working environment. Desklib provides access to similar solved assignments and past papers for students seeking additional resources.

Business Ethics
INTRODUCTION
Business ethics is related to the moral principles, values and policies which
is govern by the business or individual. Ethics are very important for any
business, without ethics company are not able to run their business
efficiently. Company need to ensure that, they are satisfied the customer
and employees needs and want, along with they wants to obey the rules and
regulation.
REASON FOR SELECTION
Tesco is a international retailer organization which was implanted in 1919 and
their main headquarters was in Welwyn Garden city, England. Along with it is
a one of the top prima companies in global market which ruins their business
in many various countries. Tesco company is committed that it was the highest
standard of ethical business conduct and they doing business parasitizes
according with their all applicable laws and rules and regulation, they try to
fulfil their all social responsibility and code of ethics efficiently. The board of
directors also adapted this code of ethics they set the guidance which helps the
company to promote the ethical conduct, honesty and provide proper direction
for the employees.
Ethical philosophy of Tesco
Ethical and value play a major role to maintain the environment
of the workplace of the company and they promote the integrity
among their workers and increase the trust. Tesco company need
to manage ethics and value in their company, Although they
support the company to keep the working environment and helps
to boost the integrity among their workers (Gordon and Nazari,
2018).
Ethical challenges faced by Tesco company
Tesco company faced ethical issues when they are not able to
mange their ethics and value in right way. Their market rating
goes down because they are not able to manage their business
ethics in proper manner. Tesco company face many issues and
they are not pay right amount to their employees.
 People
 Animal
 Politics
 Environment
REFERENCES
Abdelmoula, L., Chouaibi, S. and Chouaibi, J., 2022. The effect of business ethics and governance score on tax avoidance: a European
perspective. International Journal of Ethics and Systems.
Basu, D. and Miroshnik, V., 2021. Business Ethics and Ethical Leadership. In Ethics, Morality and Business: The Development of
Modern Economic Systems, Volume II (pp. 95-137). Palgrave Macmillan, Cham.
Fernando, A.C. and Muralidheeran, K.P., 2019. Business Ethics: An Indian Perspective, 3e. Pearson Education India.
Gordon, I.M. and Nazari, J.A., 2018. Review of SOX in the business ethics literature. Managerial Auditing Journal.
CONCLUSION
In this report they discuss the topic which is related
to the Business ethics, it is very essential for the
company growth. Business ethics helps the
company to improve their performance and
working environment, company try to such
activities which helps to fulfil their social
responsibility like they try to provide proper
training to their employees, focus on customer
satisfaction, satisfied the shareholders by giving
the good rate of return and so on
Key stakeholders of Tesco
The main stakeholder of Tesco company is employees, customers,
shareholder and so on. Stakeholder helps the company to achieve
their social responsibility effectively
• Employees
• Government
• Customers
• Suppliers
• Investors