Business Ethics

In the island of St. Lucius there are hundreds of lane children who have happen short addicted to inhaling gum tree that is used by shoemakers called Excela Chemical Stickfast. Excela is a large multinational association that manufactures the gingiva which contains a neurotoxin solvent called toluene. This solvent stimulates the neural senses creating a luxuriously. However, its negative launch is irreparable nerve damages. This was evident in the case of a 17 year old street boy who was sniffing the glue for 6 years and as a result has work crippled. The come with was pressured by the government to alternate the toluene for a harsher smelling chemic but they opposed claiming that the new chemical would change the quality of the product. Furthermore, they believed that the street children habituation was a cordial problem which was the government dilemma and that they should non have to establish lowering the standard of their product. Ethics is specify as the principles, norms and standards of clear governing an individual or group. In the case above, the estimable issues identified are: The company has the in force(p) right to nonplus a product that is safe for the widely distributed public, especially minors. The company has the right to produce products that are of high quality for consumers.

The company has a legal responsibility to fire the public of the noxious effects of misusing the product. Corporations exist to make a lolly. However, they should be socially responsible which is going beyond the strictly economic and legal responsibility. Corporate socia l responsibility has been conceptualized as ! a pyramid constituting four types of responsibility that must be considered simultaneously: economic, legal, honorable and philanthropic. Economic responsibilities refer to a care primary hold out as a manufacturing business of goods and services that consumers need and want, spot making an acceptable profit this responsibility, is considered to be primary, because without financial...If you want to ready a full essay, prescribe it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper