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

Describe the Social Implications of Business Ethics Facing A Selected Business In

Extracts from this document...

Introduction

Describe the Social Implications of Business Ethics Facing A Selected Business In Its Different Areas of Activity In this task I will be looking at various business practices in any area of activity and explain how those actions have an effect on society as a whole, the areas of activity I will be discussing in this report are: - Ethics in finance, e.g. bribery - Ethics in human resource management e.g. discrimination - Ethics in production, e.g. animal testing - Ethics in sales and marketing, e.g. spamming - Ethics in intellectual property, e.g. software privacy I will also be investigating how my chosen business Timberland considers these issues and addresses them. The Timberland company was set up in 1955 by the Swartz family. Originally a shoe store based in Abington, Massachusetts the small family business has grown into one of the most easily recognisable brands of modern times. Since its inception in 1955, be it either under the Abington shoe company brand name or under the Timberland company brand name, one thing has remained the same, its business Code of Ethics Charter. Timberland Code of Ethics Charter Timberland has a site dedicated to their beliefs of ethics and explains what is expected of their employees and what consumers should expect from Timberland as a business regarding ethics. Their mission statement reads, 'We believe the honest and ethical conduct of our employees is an essential prerequisite to our success as a company. There is a direct relationship between the code of conduct of the company and the employees, and the attainment of our corporate missions and goals. Maintaining the highest standard of ethical behaviour is consistent with our core values of Humanity, Humility, Integrity and Excellence. ' Area of Activity: Ethics in Finance In regards to ethics, when most people think of ethics they think of various scandals and illegal trading which appears to be ever present in the news such as insider trading, bribery, lobbying and executive pay. ...read more.

Middle

You also need to discuss the ethical concerns that some have in regards to recruitment. What must Timberland ensure they do to ensure fairness in recruitment (use you unit 13 notes, e.g. same interviews questions, balanced interview panel, etc.) Has Timberland been accused of discrimination in recruitment? If not, include a business which has! You also need to discuss the concerns some have about the increasing level of workplace surveillance - why are people concerned? Use the Facebook example we discussed in class! Area of Activity: Ethics in Production The production process involves transferring a range of inputs into the outputs desired by the target market. The production process requires two main resources; the transforming resources and the transformed resources. Transforming resources include the building where the product is manufactured, machinery, computers and employees. The transformed resources are the raw materials which compose the end product. To make sure that their production process is ethical a business must look at a range of issues such as: * Genetically modified food - Many food producing companies in the US have come under heavy criticism for modifying their products without informing customers. One of the more recent cases was Monsanto - An agricultural company which helps farmers develop new technology and produce better quality crop was charged by the California Northern District Court with for producing low quality crop which was to be distributed to countries which forbid the growing of genetically modified crops. Although no charges were ever made against the company, it was a wake up call to other businesses that their practices are being closely monitored and scrutinised. However they argue that in order to protect the food from insects, parasites, weed and unfriendly bacteria it must be genetically modified so that they aren't attracted to it in anyway. By keeping the insects away there will be more crop which means more money for the farmers however many people believe this is an unethical tactic used by farmers to get as much money as possible and that the GM food could contain harmful viruses or diseases. ...read more.

Conclusion

Eventually enough evidence was put together to charge the creators of Limewire who were subsequently fined, jailed and had their peer to peer sharing software shut down permanently. Piracy is a growing concern and is becoming a losing battle for prosecutors as many websites which stream illegally sourced movies and songs are being shut down and are back live again under a similar name on a new server within an hour. Implications If a business chooses to ignore the ethical concerns of its customers then they are giving themselves a negative image and gain negative publicity and bad press which will cause them to lose money and drive away customers. Every business must make sure it listens to and takes into consideration the different corporate and environmental implications in order to ensure their popularity is maintained and attract more customers. Corporate implications are to do with the day to day running of a business looking at the corporate social responsibility policies, employee hiring and firing, consumer protection and managing suppliers. The Timberland Company have a clear Code of Ethics Charter which is available to all employees, investors, potential customers, potential investors and general members of the public. Their charter was set up to show employees and partners and future partners what Timberland is trying to achieve ethically as a business. Environmental implications are ethical issues which affect the environment such as pollution, recycling, using renewable sources and water conservation. Timberland have become very environmentally ethical since 2006 and have created a whole new line of products created solely from recycled products using renewable energy. Timberland also has a website detailing their four pillars which they have built their organisational structure around, the four pillars are : - Energy : Becoming carbon neutral - Products : Design products for recyclability - Workplaces : Fair, safe and non-discriminatory workplaces - Service : Community greening Conclusion In conclusion I believe that in order for a business to be truly ethical it must take into consideration all environmental and corporate implications and analyse their business practices before truly declaring themselves as an ethical business. ...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 Marketing & Research 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 Marketing & Research essays

  1. P4 - Describe the legal and financial aspects that will affect the start up ...

    There could various types of health and safety issues in a work place but the only health and safety issues that I could possibly have in a work place are slip and trip from wet floor this hazard could be caused by any spillage to reduce the chances of any

  2. BTEC BUSINESS UNIT 2

    The media includes newspapers, TV, magazines and the press. They can tell the customers about a store and it doesn't have to necessarily be good news. If the media told the open public bad things about the way the business is run or an event in the business that happened

  1. Discuss the importance of ethical considerations when carrying out research on humans.

    However, once again the social implications of this experiment were very important in understanding the real power that authority figures have over other people. In Stanley Milgrim's experiments studying authority participants either defied authority by not doing something they perceived as morally wrong or followed authority and did something morally wrong.

  2. business planning unit 8

    appealing to other groups who are health conscious this will also raise the amount of potential customers. In the near future when Galaxo becomes successful a new organic chocolate can be produced. With the rise in organic trends the chocolate can be made appealing to organic groups by being produced out of organic ingredients.

  1. For this assignment I have been asked to produce a new marketing strategy for ...

    Creative agencies work with marketers to design a highly focussed communication in the form of a mailing. The mail is sent out to the potential consumers and responses are carefully monitored. Personal Selling Personal Selling is an effective way to manage personal customer relationships.

  2. This assignment will be evaluating the contribution of relationship marketing activities and will also ...

    Although this may be time consuming for McDonalds to find solutions to their problems, this could help them financially in the long term as the quicker they find solutions to their problems, the less likely they could avoid costs such as being sued.

  1. Describe with reference to different customer service functions, the different methods used to attract ...

    What is a customer charter? A customer charter is a statement that says how an organization aims to treat both internal and external customers. It is similar to a mission statement but relates specifically to the customer. McDonalds use this to always keep their customers first at all times and

  2. Business Studies Company Profile

    An example of this will be a small restaurant just starting out. * Profit maximization, to make the most profit possible, this is most likely to be the aim of owners and shareholders, of larger companies. An example of this would be Oxfam, who would want to maximize its profits that it sends to third world countries.

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