• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business Btec Level 3 Unit 37 P1 - the ethical and legal responsibilities of H & M.

Extracts from this document...


Humzah Ahmad Unit 37- P1 Operational activities A company?s typical daily processes that generate income. Operating activities pertain to a company?s core business activities, such as manufacturing, distributing, marketing and selling a product or service. These activities should provide the majority of a company?s cash flow and will largely determine whether a company is profitable. With regards to H&M they offer merchandise such as garments, shoes as well as accessories in their daily actions this is known as their operational activities. Branding ethics Business ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. Thus meaning H&M must follow business ethnics when performing its activities. Corporate governance Business Corporation is all about who comes up with the verdicts of the business. Limited firms comprise of a board of directors who are accountable for overreaching strategic direction. Operation managers at various levels answer to the board. Hence H&M will have a board of directors who carry out vital judgments. They are answerable to board managers. Governance is vital to big companies such as H&M because how will H&M directors acknowledge what managers are doing. ...read more.


Consequently for instance H&M or any of their workers use unjust means to possess something they are corrupt they will get a bad name. Trading fairly Fair trade is where; business is carried on in an open manner. H&M is carried out in an open manner. Competition takes place on grounds that are equal for all parties. Therefore H&M will have to make sure their competitors are kind of equal for them to compete with. This means not exploiting poor countries. Consumers can feel secure that the goods and services they are buying are going to be of satisfactory quality. Therefore H&M will have to make sure their goods meet the criteria for trading fairly. Legal and regulatory compliance There are numerous regulations that H&M need to follow. These are so H&Ms customers, its workers and others in the wider environment are protected. Consumer laws When consumers purchase goods from businesses such as H&M they put their trust into the business. They expect the best from the product and business. An unethical business may give a false description of a product therefore there is a law for businesses to follow as it is illegal for them to give false descriptions of a product to its consumers. ...read more.


Uncertainty this did not occur there would be no need for regulations. As managers of H&M handle everything it may become too much pressure for them to achieve their objectives as a result they may use malpractice which means an occasion when someone does not follow accepted normal practice. Things can become very serious and wrong if H&M use malpractice to obtain their objectives. H&M could do malpractice through corruption or illegal activity. Working conditions Whenever individuals begin to work for H&M they are eligible to a set of minimum working conditions, which are not just about salaries. They include areas such as hours, holiday entailment, privacy, harassment, and discrimination. It is up to bosses to have a decent working area for workers. Trade unions can aid employers gain their rights from immoral bosses. H&M must ensure working conditions are suitable for workers and see if they also suit their employees. Individual ethical responsibilities Individual ethics define our basic values and standards of behaviour. Management is responsible for staff working in H&M. The HR purpose tries to hire the individuals who will perform the work correctly. It is H&M mangers accountable to ensure employees maintain ethical procedures of a business. Equally it is up to individuals to maintain their own ethical values at all times e.g. employees at H&M. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. Btec National Business Level 3 Year 1 - Exploring Business Activity

    Services may involve the transport, distribution and sale of goods from producer to a consumer as may happen in wholesaling and retailing, or may involve the provision of a service, such as in pest control or entertainment. E.g. Microsoft is selling software or other services etc and Oxfam is selling goods like clothes and services like donations etc.

  2. Political, legal, social factors affacting Tesco.

    therefore the employees will loose their jobs. The technological factor affects the employees as if the organisation buys new machinery the employees may need training on how to use it. Customers/Patients The political factor affects customers/patients as the organisation will have to treat their patients/customers properly just as the law states.

  1. McDonalds ethical issues

    False advertisements: Many customers have been complaining about McDonalds advertising one thing and doing something quite different. Many customers has been to a McDonald store only to find out different prices than the ones on the advertisements. For instance, sweat tea has been advertised for �1 but is sold for �1.

  2. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    The cocoa is then sold to chocolate manufacturers like Cadburys. Cadburys then mix the cocoa with milk, milk powder and other things to make chocolate. This means that the raw material may go through different levels of production in different countries before it is sold in the shops, Cadburys may

  1. Evaluate the recruitment methods used by a McDonald's- Unit 17 Task 3 OCR National ...

    - Moving a disabled person to another available vacancy. It is very important that all of these changes are handled correctly, to avoid any upset. Not only for the member of staff with the disability, but to McDonald's, who do not want to be accused of Discriminating against people with disabilities.

  2. P5 Explain the legal and ethical issues in relation to the use of business ...

    without the permission of the owner * Infringing a trademark, copyright or any other intellectual property right * Breaching any other person's privacy rights and sending unsolicited advertising or promotional material * Carrying out port scanning/probing (which is an attempt to identify an open gateway into another internet user's machine)

  1. Business Btec Level 3 Unit 37 P2 - ehtics and stakeholders at H&M

    This consist of business leaders and politicians. Hence H&M will have conduct pressure groups to keep on top of environmental issues and the influence of their stakeholders. The advantages of this are they can handle with environmental concerns successfully and amaze stakeholders.

  2. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    means that they are making the most profits and making more money than their competitors, so if Tesco?s is making more money, then they can use the profits to re-invest back into the business and increase the growth of the company.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work