We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Business ethics and social responsibility - Essay Example

Free
Introduction Food safety is considered as one of the critical issues in the food related industries as many developed countries have enforced strong regulatory requirements to produce food which should be conducive for health. Chinese baby milk industry however, may not seem to be as regulated as it should be because different investigations have suggested that the Chinese baby milk not only contain unhealthy elements but it is also full of the substances used in the pesticides and fertilizers. The use of such ingredients in the manufacturing of the milk therefore creates strong ethical issues as it may not be safe for the consumption of consumers. Baby Milk in China During 2008, it was discovered that the infant milk in China contains Melamine which is often used in the production of plastic material. (Reuters, 2008). Subsequent investigations suggested six babies died due to kidney stones and other kidney related diseases due to the consumption of this milk. More than 800 babies were hospitalized too for consuming this contaminated milk. It has been argued that in pursuit of transitioning to market based economy, Chinese firms prefer to have more profits in place of ensuring public goods. As a result of this, substandard and low quality products are being produced just to glut the market in order to gain market space. Most of these products are also offered at lower prices thus making it more feasible for the purchase. (Sardy, M. et al. 2011) One of the most important ethical issues arising

Check these samples - they also fit your topic

Business Ethics and Social Responsibility
7 Work Cited Page…………………………………………………………….. 8 Executive Summary The restaurant industry is one of largest employers in the United States. The industry generates billions of dollars in sales each year. It is important for the players in this industry to consider the importance of ethics and social responsibility.
6 pages (1500 words)Essay
Business Ethics & Social Responsibility
the paper will include references to the moral philosophy or social issues that affect my approach to the development of this Code of Ethics. My Code of Ethics will contain the following components: statement of values, and why the principles are non-negotiable, the moral philosophy or social issues affecting my approach to ethics.
8 pages (2000 words)Research Paper
COMPARATIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITY
The expectations of the society regarding the social obligations of organisations are continuously changing mainly because of the influences by varied approaches to social, economic, cultural events and political aspects impacting the business environment; thereby transforming the social mentality, which puts the pressure on local or multinational corporations to carry their business in an ethical and socially responsible manner.
10 pages (2500 words)Essay
Business Ethics and social responsibility
The objective of staying profitable becomes difficult to reach if business is sidetracked by costs to be incurred from complying with the mandates of business ethics and social responsibility, such as equipping its factories with state-of-the-art anti-pollution devices and showering employees with generous benefits.
15 pages (3750 words)Essay
Corporate Social Responsibility (Business Ethics)
CSR, regardless of a company's primary objectives, is an important subject of debate in business ethics study since it is commonly believed that if a firm earns from the community, it must return the favor by giving back to the community. The idea makes sense and the argument can be backed by various ethical and moral theories.
13 pages (3250 words)Essay
Business Management (Social Responsibility and Ethics )
Corporations, professional firms as well as individuals are like never before being held accountable for their actions. This is due to the increasing demand for
6 pages (1500 words)Essay
Business Ethics and Social responsibility (An Ethical Analysis of (Nike) )
Nike has gained fame and repute over the period of time, and is an established multinational brand that deals with the production of footwear and clothing. One of the innovations that Nike is credited
11 pages (2750 words)Essay
Business Ethics and Social Responsibility
The fast food industry is part of the restaurant industry. There are ethical issues associated with the way fast food chain treat their employees. These workers are paid low wages, but are expected to do a lot of work.
6 pages (1500 words)Essay
Law and Business Ethics and Social Responsibility
itutional accords sanctioned by Congress, executive branch’s propagated constitutional regulations, and case law derived from the federal magistrates. The federal law and the Constitution are the highest land law, thus preventing territorial laws and the conflicting state
1 pages (250 words)Essay
Business ethics and social responsibility
All emergencies and accidents that occur due to the negligent attitude to safety are laid on the building owner, who is fully accountable for the factory’s collapse. The companies that buy from this factory should face consequences
1 pages (250 words)Essay
out of this practice is whether the firms should be left alone in an economy which is growing to offer products which are not conducive for the consumption purpose. The cost which society as a whole has to pay is not just limited to the social damage but the overall health costs could be relatively higher too. The cost of treating the children whose health has been damage due to the consumption of the contaminated milk. Different international companies were found to be involved in these manufacturing practices leaving a very strong concern regarding the practices adapted by multi-national firms in China. The pressure to reduce and control the costs while at the same time ensuring that firm remains competitive at the international level, may be one of the key reasons as to why the Chinese firms may be involved in such unethical practices.( The New York Times , 2011)  It is important to understand that firms operate as a part of the society and as such are required to ensure that they pose little or minimum social injury to the society. (Warren, 2011) However, the practices of the Chinese firms do not seem to corroborate with the assumption that the private firms must operate in a manner where their overall behavior should not result into the damage to the society as a whole. China is a growing economy which is making its transition towards the market based economy however, on the macro-economic level; Chinese firms still lack the business ethics which are followed by the international firms in the developed world. Such practices therefore can compromise the ability of Chinese firms to actually compete at the international level due to health and safety related issues. (Spencer, and Foster, 2008) Conclusion The practices of Chinese firms especially in food
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business ethics and social responsibility Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.net/other/2680-business-ethics-and-social-responsibility
(Business Ethics and Social Responsibility Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.net/other/2680-business-ethics-and-social-responsibility.
“Business Ethics and Social Responsibility Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.net/other/2680-business-ethics-and-social-responsibility.
  • Cited: 0 times

Summary

Executive Summary Ethical conduct of firms at the local as well as global level is considered as one of the essential requirements for the firms to operate. However, many firms often engage into practices which can be considered as entirely unethical. The episode of using Melamine in the baby milk in China is one such occurrence of unethical behavior where the firms producing the baby milk deliberately compromised the health & safety of the children using the milk…
Author : dariohudson
Download 0
Business ethics and social responsibility
Read TextPreview
Comments (0)
Click to create a comment
Let us find you another Essay on topic Business ethics and social responsibility for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us