Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Business Ethics in the Footwear, Clothing, and Textile Industries - Essay Example

Comments (0) Cite this document
In the essay “Business Ethics in the Footwear, Clothing, and Textile Industries” the author analyzes increase of the role of ethical values within their strategies. Codes of practice or ethical codes should then be adopted and implemented, which are made up of principles…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
Business Ethics in the Footwear, Clothing, and Textile Industries
Read TextPreview

Extract of sample "Business Ethics in the Footwear, Clothing, and Textile Industries"

Business Ethics in the Footwear, Clothing, and Textile Industries
Because of market globalization and the recognition of the textile, clothing, and footwear- or TCF- enterprise as a major growth driver, most international TCF organizations have began to increase the role of ethical values within their strategies (Ferrell et al, 2013: p42). Codes of practice or ethical codes should then be adopted and implemented, which are made up of principles that regulate the enterprise’s internal operations, as well as, its relations with all stakeholders is a tangible expression of social responsibility in the TCF industry (Ferrell et al, 2013: p42). Business ethic is important for the TCF industry in a globalized economy, although the industry still lags behind global best practices. In this case, business ethics of the TCF industry will be evaluated using the principles of fairness, fiduciary, and transparency.
Business ethics and conduct have been a major talking point in the TCF industry, especially with regards to fairness of its dealings, processes, stakeholder treatment, and competition policies. The principle of fairness seeks to ensure that TCF organizations engage in; fair and free ethical competition, deals with all stakeholders in a way that can described as being equitable and fair, and is non-discriminatory during the process of contracting and hiring (Braithwaite & Drahos, 2010: p401). This principle has been a problematic one within the TCF industry. The workforce is 80% female on minimum wage that averages $38 every month. This industry has the lowest costs of labor globally, and the workers’ unions are intimidated with violence in order to stay quiet on industry standard violations (Sajhau, 2013: p34). The industry needs to create a more friendly culture for workers, enforcing freedom of association sans victimization, pro-labor legislation, balance the gender inequality gap, and fire and building inspection codes. This can be achieved with the help of global retailers.
Issues related to diligence and loyalty is an important concern with regards to business ethics in the TCF industry. The industry would be required to act as a fiduciary for investors and the company by carrying out the organization’s operations in a loyal and diligent manner expected of trustees (Braithwaite & Drahos, 2010: p402). Corporate ethics are reflective of the business’ philosophy, and one of its objectives is the determination of the company’s fundamental purposes. However, most companies in the TCF industry have violated their fiduciary responsibility through sacrificing their profits for concerns other than the wellbeing of their companies (Carroll & Buchholtz, 2010: p329). To counter this, the industry will have embraced a code of ethics, which is capable of promoting and protecting the industry. This would be advantageous, as it would equate the industry to the latest standards and practices in other industries.
Finally, transparency in the TCF industry business operations is very important in appraising its business ethics. The transparency principle contends that organizations must conduct their business in an open and truthful manner free from practices and acts of deception, as well as keep accurate records and disclose important information in a timely manner (Braithwaite & Drahos, 2010: p403). However, industry players are not truly transparent. Most organizations rarely publicize their business partners, and it is not easy to tell where the products are sourced. In addition, very few of them have mapped their chain of supply for access by stakeholders (Singleton, 2007: p55). The TCF industry needs to increase transparency to show supplier-buyer connections and open their books of accounting to scrutiny.
The Global Business Standards Codex, rather than being a moral code, acts as a benchmark for companies, to create their code of conduct. It attempts to give a simplified and comprehensive view of what today’s TCF organizations are expected to do. However, it still provides helpful information on the state of the TCF industry today, and it is clear that a lot needs to be done, predominantly in transparency, fairness, and fiduciary.
Braithwaite, J., & Drahos, P. (2010): Global business regulation. Cambridge [u.a.], Cambridge Univ. Press
Carroll, A. B., & Buchholtz, A. K. (2010): Business & society: ethics and stakeholder management. Mason, OH, CL-South-Western Cengage Learning
Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2013): Business ethics: ethical decision making and cases. Mason, OH, South-Western/Cengage Learning
Sajhau, J.P. (2013). Business ethics in the textile, clothing and footwear (TCF) industries: conduct. Geneva, International Labor Office.
Singleton, J. (2007): The world textile industry. London [u.a.], Routledge. Read More
Cite this document
  • APA
  • MLA
(“Business Ethics in the Footwear, Clothing, and Textile Industries Essay”, n.d.)
Retrieved from
(Business Ethics in the Footwear, Clothing, and Textile Industries Essay)
“Business Ethics in the Footwear, Clothing, and Textile Industries Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Ethics in the Footwear, Clothing, and Textile Industries

Clothing business

...the necessary skills and training programs to perform at the optimum level, wins through leadership, exposure and transparency within the organization, respect forms an integral part of the organization, always makes the necessary plans for excellence in the working environment, services delivered and the products offered, takes care and are always involved in the communities. The company took the initiatives to diversify the business. The company has diversified the products offered over the course of time which provides them with some sort of advantage in the not so good periods. The products which are currently offered by the company include clothing, footwear, furniture, jewelry,...
15 Pages(3750 words)Essay

Business Website and Children Clothing

...?Introduction Starting and running a successful e-business is a process which requires concerted efforts in order achieve the desired goals. There are mainly eight steps that need to be carefully implemented in order to be successful in this business venture. Therefore, this paper seeks to evaluate the major steps involved in starting and running a successful e-business website that specializes in selling baby/kids/children clothes. The paper is divided into eight sections and each section clearly states the elements involved at that stage in starting a business. The paper will also deal with issues related to the questions of how to buy a domain, how to...
12 Pages(3000 words)Research Paper

Business Plan: Therapeutic Footwear

...?Assignment Research Project Framework Section Research Framework Summary Text Various theoretical concepts have been intellectualized on the topic of new product development. The success or failure of any business enterprise depends on the ability to identify a customer need that has to be satisfied. With the growth and development of contemporary organizations that seek expansion through diverse approaches, the factors needed to effectively pursue product conceptualization, planning and development become more intricate. The purpose of this research is to develop a business plan for a proposed new product, custom-tailored shoes for podiatric patients. The project framework would assume a working title...
6 Pages(1500 words)Essay

Effect of recession on U.K. clothing sector

...?Effect of Recession on UK Clothing Sector Table of Contents Overview 3 Aims of the Study Research Objective 3 3 Literature Review 4 Impact of Recession on UK GDP 4 Direct and Indirect Impact of Recession on the Textile Industry 5 Effect of Recession on the Overall Clothing Sectors in UK 6 Effect of Recession on UK Lingerie Market 7 Effect of Recession on the Buyer Behaviour 7 Contrasting Views of the Authors 8 Effect of Recession on the Consumer Spending 9 Contrasting Views 11 Effect of Recession on the Value Clothing Sector 12 UK’s Clothing and Footwear Industry 12 UK Market for Cloth...
12 Pages(3000 words)Literature review

Business strategy of the footwear company

...?The footwear company Introduction In this report am going to make a close study and analysis of the footwear company over the past ten years. I willpick on some few specific years and show the market trends by analyzing the company reports over those years. By the end of it I expect to bring into view the developments that have been made by this industry over these years due to some major decisions made. The report critically analyses the scoreboard the marketing strategy and how they have influenced the general performance of the industry. In this report charts will be used and an analysis done on them to show the different performance of the industry...
14 Pages(3500 words)Essay

SMEs in Chinas Textile and Clothing Industry

...Export methods and their influence on performance: a study of SMEs in China's textile and clothing industry Introduction 2 1 Background 2 2 Objective of the Study 3 1.3 Structure of the Study 3 1.4 Summary 4 2. Literature review 4 Introduction 4 2.1 Methods of Export 5 Export is the only method for SMEs to tap international market as their size and budget will not permit them to establish their units in a foreign country. 5 2.1.1 Indirect Export Method 5 2.1.2 Direct Export Method 9 2.1.3 Comparison of Export Methods for SMEs 11 2.2 The Performance of Export 13 2.2.1 Export Performance Measurement 14 2.2.2 Export Methods and Performance 15 Summary 16 Chapter III...
32 Pages(8000 words)Essay

Online clothing Business Plan

...Running Head: Online Clothing Business Business Plan TABLE OF CONTENTS Executive Summary General Company Products andServices Marketing Plan Operational Plan Management and Organization Personal Finance Statement Startup Expenses and Capitalization Financial Plan Appendices Refining the Plan I. Executive Summary House of Stella is an online clothing company which aims to bring the latest and best clothing alternative to its target market. It will utilize the unique strategy of tying up with new and emerging fashion designers to come up with the best designs. This is also its way of supporting the fashion industry and providing a means...
13 Pages(3250 words)Essay


The consultant’s main role is to analyze the factors that can impact the business activities of the company and recommend an appropriate strategy that will be aligned with the corporation’s primary objectives. The UK apparel and textile industry is undergoing drastic changes to provide favorable conditions to the players of the sector (“Textile Industry”, 2010).
In UK, the textile industry is among the major contributors in its economic growth and it employs more than 340,000 people (Macbeth & Miln, 2012). It has been reported by Rogers (2012) that Gross Value Added (GVA) of UK textile sector is about 11.5 billion pounds and clothing manufacture, textile manufacture, dry-cleaning and footwear services are worth one billion pou...
5 Pages(1250 words)Case Study


...Textile Weaves run horizontally and vertically on fabric. If the fabric is cut on the bias, the woven structure is disabled; hence, the fabric stretches more on the bias. Fabrics with the same weave may have different appearances due to the textile fiber that make up the fabric. In addition, the directional reflectance would determine the overall shading on the fabrics. Multiple fabrics may have a similar weave but different appearances due to the woven-pile of the fabric. The woven pile in this case refers to the interlacing of the pile. The front side of a fabric may be different from the backside. The differences are attributable to finishes, floats, and designs that are clearer on the face compared...
1 Pages(250 words)Assignment


...Textile Different stains require different degrees of dry cleaning. For example, water-based solvents compromise the dry cleaning process. As such, it is important for consumers to identify the stains on laundry for the dry cleaner to establish effective processes to restore fabric to its original color and finish. Apparel care labels need to indicate a specific mild soap or detergent for cleaning wool and silk garments due to the vulnerability of such fabrics to corrode when soap with heavy a chemical component is used during the cleaning process. Non-chlorine bleach ought to be specified on white wool and silk garments because they contain a significant amount of spandex, which disintegrates if subjected to...
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 Essay on topic Business Ethics in the Footwear, Clothing, and Textile Industries for FREE!

Contact Us