Nobody downloaded yet

Business Ethical Issues - Assignment Example

Comments (0) Cite this document
Summary
IKEA’s procurement strategy entails supporting its suppliers with the requisite technology transfers and in some cases lending soft loans which can be adjusted in future shipments…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Business Ethical Issues
Read TextPreview

Extract of sample "Business Ethical Issues"

Download file to see previous pages However, this massive network of suppliers also posed certain problems.
IKEA hogged the limelight, albeit for wrong reasons, when a Swedish television documentary revealed that the company’s rug suppliers based in South Asian countries employed children at their looms (factories). Many children worked as bonded labor to pay off their parent’s debt. Estimates revealed that close to 2, 00,000 children were employed in the carpet industry in India.
In 1995, IKEA was apprised by a German documentary maker that a film had been made which provided evidence of deployment of child labor at Rangan Exports, one of IKEA’s biggest suppliers in India. Unlike the Swedish television documentary which talked of prevalence of child labor in the industry, the German documentary pointed the finger directly at IKEA and its Indian supplier.
India was not a signatory to Convention 138 adopted by International Labor Organization (ILO). Countries that ratified the convention were committed to abolition of child labor. Bonded labor was prohibited in India under the provisions of Pledging of Labor Act, 1933. The government machinery was however weak and the prevalence of child labor was widespread in the country. The Indian government had also enacted the Bonded Labor System (Abolition) Act, 1976 but gained little success in eradicating the problem of child labor.
The Indian government treated unbounded child labor as a socio-economic phenomenon. Many regarded children working along with their parents as a source of income for the family. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Ethical Issues Assignment Example | Topics and Well Written Essays - 750 words - 1”, n.d.)
Retrieved from https://studentshare.org/business/1702507-business-ethical-issues
(Business Ethical Issues Assignment Example | Topics and Well Written Essays - 750 Words - 1)
https://studentshare.org/business/1702507-business-ethical-issues.
“Business Ethical Issues Assignment Example | Topics and Well Written Essays - 750 Words - 1”, n.d. https://studentshare.org/business/1702507-business-ethical-issues.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Ethical Issues

Legal/ Ethical Issues in Business

...? Legal/ Ethical Issues in Business (Add (Add (Add Legal/ Ethical Issues in Business Introduction Medical sales representatives often face criticism on the grounds of morality and ethics. These days, on any given day, medical representatives offer so many dollars and a car trunk full of promotional gadgets to get a prospect’s time, and to make him prescribe the medicine to a number of patients. This practice of giving and receiving gifts is often considered unethical. However, a deeper look into the issue reaches the age old ‘chicken or egg’ question. Doctors are not to be blamed for the extreme...
8 Pages(2000 words)Research Paper

Ethical issues in business statistics

...“ethics”- Meta, normative, descriptive and applied ethics, business ethics has itself two dimensions, such as normative and descriptive dimensions. Corporate world and professionals is regulated by normative view of ethics where academicians use descriptive method to scrutinize the corporate behavior and practices. Statistics is such kind of tools which helps to abridge large volume of data into simple number which determines a conclusion. In business statistics, which employs the techniques and knowledge of statistics and mathematics into business phenomena to make decision, is now confronted and being challenged by...
4 Pages(1000 words)Essay

Business Law - Ethical issues

...Running head: Business Law Business Law: A Case Study s Introduction: Ethical issues can arisewhen there is a contradiction between the legal or cultural standards of the country and the culture and the policies of the organisation. "In the scenario the conflict arises ought a company to obey the laws of its home country, or should it follow the less stringent laws of the developing country in which it does business"(Farlex, Inc., 2005) Business ethics should integrate the universal core values such as honesty, trust, respect, and fairness into its policies, practices, and decision making. Most of the codes are designed...
9 Pages(2250 words)Essay

Ethical Issues in International Business

...3 August 2008 Ethical Issues in International Business Introduction In the case study under discussion, Keith is a very desirable candidate for a position in the financial planning department of a major company, but his public image on a computer site called Facebook does not match the reality of who he is. In today's global community, the Gold Coast universities in Australia offer educational opportunities for a broad spectrum of international students, and Keith as a Gold Coast student has made friends with fellow students from other countries. The Internet, especially a Web site such as Facebook, while connecting Keith to his friends who have returned to their own countries, also...
8 Pages(2000 words)Case Study

DIAGEO --Ethical Issues Business

...DIAGEO --Ethical Issues Business Diageo is one of the largest alcoholic drinks companies worldwide. It is active in branded beverage alcohol business on the global scale. It is operational in producing, distilling, brewing, bottling, packaging, distributing and marketing a number of popular brands in more than 180 countries. It has been a leader in flavoured alcoholic beverages like Smirnoff Ice and spirits. The company boasts of a corporate business behavior enshrined in the codes and policies followed by Diageo worldwide, showing strict adherence to its corporate social responsibility. It was the first global drinks company to sign up the nine principles of the United Nations Global Compact for dedicated efforts in social... and...
6 Pages(1500 words)Essay

Ethical Issues in Professional Business

...Swarna1 Word count # 1195 ID # 5448 d 22nd April 2009 Ethical Issues in Professional Business What are the important differences between two different types of freedom? Which type--or both--should you try to preserve if you are the manager of an organization? Why? The freedom in USA may be categorized in to two types : 1)freedom to do, and 2) freedom from (Saunders, 2002). In general, it is assumed that freedom to do evolved out of the enlightenment. It is also postulated that all the citizens of USA are empowered with equal rights including right to freedom to do. On the other hand, “freedom from” has its origin from amending documents such as the U.S. Bill of Rights, due to which...
3 Pages(750 words)Admission/Application Essay

Ethical Issues in Business

...Ethical Issues in Business Ethical Issues in Business Evaluation of Company Q’s Current Attitude toward Social Responsibility Company Q’s current attitude does not consider any conformity to the ideals of corporate social responsibility. According to Harvard Kennedy School, the definition of corporate social responsibility encompasses “not only what companies do with their profits, but also how they make them. It goes beyond philanthropy and compliance and addresses how companies manage their economic, social, and environmental impacts, as well as their relationships in all key spheres of influence: the workplace, the marketplace, the...
2 Pages(500 words)Essay

Ethical Issues in Business

...Ethical Issues in Business Introduction: Ethics and Corporate social responsibility has gained immense importance in the last decade due to ethical dilemmas and increased awareness that has risen all over the world. Every business has an impact on the people not only directly associated with the business such as suppliers, employees, customers etc. but also on the environment and the society at large. It is very important for the businesses these days to analyze the impact on their stakeholders and ensure that its activities are not affecting anyone negatively. Recently, many companies has faced bad...
2 Pages(500 words)Essay

Ethical Issues in Business DB

...Ethical issues in business DB Ethics define social behaviors in a community that have been practiced and accepted over time. This paper explores ethical issues in international business. Definition of ethics identifies its roots from cultural practices of a group of people. Behaviors that are consistent with a culture are for example considered ethical in the culture while those sets of behavior that contradicts cultural orientations are perceived to be unethical in the given society. Culture therefore affects ethical standards by setting the rules for defining morality...
1 Pages(250 words)Essay

Ethical Issues In Business

...Ethical Issues In Business The issue of environmental responsibility and sustainability should always be embraced by all the people in the society. It is important to note that the issue of environmental responsibility and sustainability should not be compromised on the basis of financial gains (Tittle, 31). In all the companies as well as organizations, it is of crucial significance to note that all operations and practices should always conform to environmental considerations relevant to conservation and sustainability. It is illegal for companies to continue polluting the environment with their operations and practices. Such companies should be responsible for all the punitive measures levied against them by the governmental... within...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Business Ethical Issues for FREE!

Contact Us