The report consists of the ethics that are important in business. The ethics are necessary in any particular business. In order to give the profit more importance the owners of the business tend to overlook the ethical issues. We get a situation where only the people who can afford the facilities are paid attention to and the rest are not paid attention to. The life of others is kept at sake sometimes for the sake of the profit that the companies look forward to. For any company the profit is the most important factor which is the deciding factor in the increase of the revenue. The purpose of the report is to focus on the issues related to ethics that a company should maintain. The issues that are neglected and the steps that should be taken are the main contents of the report. The report further contains the learning outcome of the situation, the enquiry based learning and finally the business ethics that demonstrates our new business ethics insight about the dilemma that was faced by us in the past. It elaborates a concept that deals with the major ethical dilemma and the consequences that was faced by us. It includes the causes of the dilemma and the solution of the dilemma.
The leading companies in today`s world lays the focus on the profits rather than the social outcomes of the same. The companies who manufacture tobaccos, alcohols, and the processed foods concentrate on their sale and not the effects of the same. The company makes effort on the promotion of the products and the selling strategies. Certain legal rule does not support the ethics. The purpose of the company is to focus on the development of the revenue of the company. The companies that manufactures alcohol, does it in spite of knowing the fact that it is harmful for the environment and the people (Jennings 2014). It is the same thing in the case of the companies who deals with the manufacture of the alcohol. The company concentrates on the larger sale of the products (May, Luth and Schwoerer 2014). Consumption of alcohol is not something which is desirable. It is harmful for the health and mind. The advertisements in the national and the international television encourage the people to buy the alcohols and it also attracts the children to do the same. The sale of the alcohols is an unethical practice but the company goes beyond the ethical concern. Apart from this the production of the processed foods and the adding of the external harmful chemicals in the process of food are harmful for us. Ethics is considered to be the least factor in all such cases. The ethics are neglected. The harmful factors are neglected and they are associated with the products and are focused on the growth in the sale of the products. (Hoffman, Frederick and Schwartz 2014).
In order to understand the business ethics of the above mentioned cases I used the EBL process of learning. I chose the three approaches to analyze this process. I adopted the process of problem-based learning, the small-scale investigations and conducted different projects and researches. In order to do the same it was necessary for me to go through the products of the company and the threats that are related to it. The company’s manufacturing alcohol, tobacco, processed food and the baby products includes preservatives in their products that are harmful for the consumers of the products (Hartman, DesJardins and MacDonald 2014). It is serious threat for the environment as well. Through a detailed analysis in the problem based learning the major problem was analyzed and rather identified. The major problem was the ethics that the companies overlooked. Many international companies did not think about the threats that were there in the market related to the launch of their products. Firstly, while talking about the advertising to the children many issues can be brought to the forefront. By conducted a detailed study on the issues it was found that the sale of the alcohols, tobaccos the children gets attracted towards these products that are extremely harmful for the children. It causes cancer and other health issues (Michaelson, et al. 2014). It is a health hazard especially for children. The children are affected in this manner. The company fails to understand this threat. A research was conducted in which the materials that were used to make the products were examined by us. Through a detailed evaluation of the results it was found that the materials that the company used the raw materials used for the finished product was harmful for the consumption of the people. In spite of all this it has also been studied that it was not possible for the companies to stop the production. In order to find a solution of this the company should stop the advertisements in the national and international televisions. The children can at least be saved from this (DesJardins and McCall 2014).
While analyzing the situation of the facets related to the environmental awareness of the products it is worth mentioning that the release of the tobacco is harmful for the environment as it pollutes the environment. Knowing this the company manufactures the company manufactures the products as the profit is more important to them than the environmental factor is least important to them. The release of the tobaccos and the alcohols is unethical on the part of the company in spite of this the manufacture of the tobacco and the alcohols have not deceased. The advertisement has also increased with much innovation and the perfect marketing strategy of the same (Ferrell and Fraedrich 2015). The environment gets polluted for the release of the smoke in the environment and it gives rise to the global warming and the other environmental threats. The use of the alcohol also has certain environmental threats like the ill conduct of the person towards the opposite sex (which is usually females). It interrupts the smooth functioning of the environmental and the social conduct. It has many health hazards, yet the company knowing all these releases the products with an advanced marketing strategy. The ethical issue is violated in this case as well. During the making of the alcohol all the company uses the materials that are not good for the health of the consumers. It disrupts the functioning of the cerebrum. The functioning of the cerebrum is hampered temporarily. To rectify this and to maintain the ethics in this situation the company can use which can reduce the intoxication that is caused due to the consumption of the alcohol. The ethics can be maintained in this case by the maintenance of this procedure (Crane and Matten 2016).
In case of the genetic modification of food it has been found by conducting a detailed research that the highly developed and technologically advanced companies look forward in processing the genetically modified food which has been found unsafe for the consumers of the same. In this case the company uses the preservatives to keep the food fresh for few days which sometimes prove to be dangerous as the things that are used to keep the food fresh is harmful. It includes the chemicals that are harmful for human health. The chemicals are harmful for the consumption. Moreover it sometimes fails to keep the food fresh and avoid staling of the foods. The food technicians of the company know this fact yet they go against the ethics of selling the products (Shaw 2016). The genetically modified foods are the food products that are from the organisms that have been found to be extracted by applying the process of genetic engineering. It is in favor of the allowance of the introduction of the new genetic traits and a larger control over the trait compared to all other earlier methods. The processing of these products is harmful as the external uses of chemicals are present in this which is harmful. The consumption of such products is harmful. The ethics are again found to be violated in this case. (Chell, Perrini and Harris 2016).
The business ethics
- a) Based on the studies above a situation can be mentioned where I faced a dilemma where I had to launch the product and the launching could not be stopped. It was the launch of an alcohol product. I had to follow the consequentialism ethics. According to this the consequence of the ethics was not analyzed. Being the marketing manager of the company there was no way to intervene in the release of the products. The temporary outcome of the action was thought not the future of the same was thought. However, the use of the percentage of the alcohol could have been checked and reduced. There was a dilemma between making profit and the health concern of the entire mass. I had to choose profit over the well being of the people. This was an ethical dilemma for me. The advertisements could not be stopped however; it could be made inaccessible to the children by not allowing the sale of it among the children (Trevino and Nelson 2016). The dilemma was solved through the decrease of the amount of the alcohol in the products. The alcohol of high quality was used in the products. The advertisement was designed in such a way in which the worst was not that highlighted. The stylish and the positive side were highlighted so that it does not create worst environmental effects. Being a marketing manger it was not possible for me to stop the production and in spite of knowing the worst effects of it I had to work there for my bread and butter. This was the biggest ethical dilemma that was faced by me as a marketing manager (Bowie 2017).
- b) The application of the ethical theories is essentially needed in any condition and in any business type. From the above scenario the ethics of deontology comes into the picture. Being a manager I had to focus on the decisions rather than the outcome of the decision. The ethics sometimes proves to be more important than the legal system. The legal system even sometimes overlooks the ethics of a business. The application of the ethics makes a person morally rich. The ethics are the basis of moral foundation. The morality of a person is sometimes judged by the maintenance of the ethics. This is the reason I had to focus on the decision of releasing the product in spite of knowing the worst consequences of the same. An ethical theory is not just a moral theory to understand the moral lessons (Weiss 2014). It is the guide to take ethical decisions to improve the moral condition of the business in future. The ethical theory is a guide or a systematic way of thought to design the moral policies of the conduct of the ethical conducts. Apart from the two ethics the virtual ethics has also been violated. I did not make efforts to stop the release of the alcohol or to stop the advertisement of the same. Certain given set of virtues has been violated in this case. However, the theories will help to me to understand the ethical situations in future and solve the ethical issues that are necessary. In future the ethical theories of Absolutism, Eudemonism, Natural Law, Deontology and the utilitarianism theory would be applied by me in the future (Armstrong, et al. 2015).
From the above report this can be concluded that the ethics consists of the judgment of an individual regarding the decision of right and wrong. The decisions that are taken by the organization, it may be by the group of individuals or some other groups it will be influenced by the culture and the social conditions of the company. The decision of imparting ethical behavior is a moral statement. The ethical decision sometimes may result in the short-term profit. The ethical decision at times leads to making of the loss. In future the application of the theories can help in attracting the clients towards the products of the firm thereby boosting the sales and the profits of the company. It further increases the want of the employees to remain with the company and support the company, which will reduce the turnover of the labor and rather will increase the productivity. The attraction of the employees will increase towards the company and it will bring down the reduction of the recruitment costs and will allow the company to get the most eligible employees. Finally, it will increase the attraction of the investors and will maintain the high share of the company which will ensure protection of the company from the chances of takeover. The practice of ethics is always referred as a good practice. Good practice is always appreciated. In future the ethical decision will increase the good will of the decision maker.
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