Unilever's Ethical Stance: Philosophy, Challenges & Key Stakeholders
VerifiedAdded on  2023/06/18
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Essay
AI Summary
This essay provides an overview of business ethics, focusing on Unilever as a case study. It examines why Unilever is considered an ethical company, identifying its commitment to high standards and integrity. The analysis delves into the ethical philosophy that Unilever follows, specifically deontological ethics, and explores key challenges the company faces concerning stakeholders such as marketing fraud, employee exploitation, environmental issues, price fixing, and lobbying. Furthermore, it outlines the actions Unilever takes to address these challenges related to environmental actions, education actions, equality and inclusion, food and nutrition in different manners. The essay concludes that adhering to business ethics is crucial for a company's success, culture, and growth, necessitating strategic changes in principles followed by employees.