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Business ethics, stakeholders and Tescos

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Introduction

Introduction In this assignment I am going to assess the implications of the ethical issues and examine how they are dealt with and the consequences for different stakeholders. I will also highlight to what extant these issues are a real problem in relation to my business. Adapting business behaviour In today's society people don't always do what's right. They may know that doing certain thing will cause greater consequences but for short term benefits they still do it. In Tesco, it is the top managers responsibility to ensure the organisational culture supports ethical conduce and social responsibility. Because, they are who the team members look to for guidance. Business leaders now fear the consequences of unethical behaviour. Most large scale businesses like Tesco take their ethical responsibilities very seriously. ...read more.

Middle

In order to make sure that business is following the CSR policies Tesco exert pressure on their own shareholders. Implementing ethical practices Tesco is a British success story, it has used the global market place to push down prices for consumers and grab more market share. If they are not profitable, they cannot do the things they and their stakeholders would like to do. Tesco operate in a free market and believe in the power of the market to deliver worthwhile change. But the social and environmental costs of Tesco's behaviour are clear. That's why Friends of the Earth is calling on the Government to act now to stop the Tesco Takeover and bring this market giant under control. It is not enough to expect shoppers to revolt and shop at their local stores to keep them going as long as possible. ...read more.

Conclusion

Pressure groups do not look for the power of political office for themselves, but do seek to influence the decisions made by those who do hold this political power. Often pressure groups find themselves competing with rival pressure groups with the aim of gaining an advantage over them, but sometimes groups work together to achieve a common aim. Pressure Groups can use a variety of different methods to influence. Their work attracts much media attention and government always takes into account the voice of public opinion. Tesco must take care of its public image, in order to do that CSR policies are in place and clearly outlined. Conclusion In this assignment I have outlined implications of the ethical issues and examined how they are dealt with and the consequences for different stakeholders. I have also explained to what extent I feel these social issues are a real problem in relation to Tesco. ?? ?? ?? ?? Unit 38 - Business Ethics Suhaib Bashir Merit 2 ...read more.

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