Ethics in business

/in /by

Note: Please check the syllabus for all assignment due dates.

Week 3 Case Study (of a company)

Introduction: Ethics in business is critical for trust, however, there are many grey areas of what is, and is not, ethical. The business world has always relied heavily on contractual agreements while conducting business. These contracts while written in ink are set in stone. Many multinationals have been charged with unethical behaviors.

Choose an International or multinational company (example: NIKE, Nestles, Wal-Mart, BP, Siemens, etc.) that was accused of unethical practices and write 4 – 5 pages of TEXT on what led up to the accusation and recommendations to the company. You may go over a few lines but not under. Plus the cover page or references. Grade 10%

Policy: Use peer-reviewed articles from 2009 – present to support your research, in APA format.

No Wikipedia, BLOGS with ads from yahoo.com or google.com, UKEssay.com; www.buzzle.com; study.com or site that challenge as they present a biased opinion.

Please submit your assignment to SafeAsign to check originaliity.

Answer preview

Public scrutiny has an ethical orientation and extends beyond compliance with the legal requirements in a foreign country. The company responded to the accusation through extensive efforts to increase wages and improve the working conditions. However, the company’s efforts in addressing human experiences remain problematic. Today, the International Labor Rights Forum describes Nike operations as an on-again-off-again without stability in ethical commitment to the workers’ needs. The efforts in the company to promote social justice for the employe are linked only to profit gaining (Grynko, 2012). The commitment to inform and educate the public on the issues which concern public trust and corporate trust does not prove ethical commitment. Nike’s publication on CSR efforts each year to improve the experiences of employees in the factories is focused on its reputation (Sethi et al., 2016). Nike is thus focused on the brand image and not the human rights of the workers. Peretti and Micheletti (2011) explain that contractors with high ethical standards have subverted contract offers by Nike. The company’s constant unresponsiveness to the employees’ rights other than a response to criticism is unethical.

[1327 Words]

Ethics in business