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Principles of Responsible Commerce - Case Study Example

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This paper "Principles of Responsible Commerce" discusses a responsible business needs to have a positive influence upon the society. Along with it, a responsible business needs to ensure that it generates goods and services that are capable of adding value to the customers…
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Principles of Responsible Commerce
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Download file to see previous pages It is trust as well as self-assurance that assist in nourishing free markets. Furthermore, ethical business practices offer the foundation for such trust as well as confidence. However, in case of lapses in business uprightness among the various people associated with the business, trust is generally compromised. There are various principles of CRT that can be utilized by the business houses in order to develop the trust and confidence among the members of the organization. One of the main principles of responsible behavior is to respect the stakeholders beyond shareholders. A business entity that is responsible tends to realize its duty to add value to its society via wealth as well as employment creation. A responsible behavior also identifies that businesses might not prosper in societies lacking in economic development. Furthermore, a responsible business entity deters itself from involving in corrupted business practices. It makes an attempt at shielding the environment and avoids wasteful usage of the resources (Caux Round Table, 2009).

The objective of this study is to reflect upon the application of Kants non-consequentialist approach to ethics and to discuss and analyze an issue that has attracted negative media publicity. Spirit Airlines have been taken into consideration for this study. In light of this, the essay intends to investigate the principles of a responsible business and entails the different ways through which the companies can act ethically in order to enhance the efficiency by a greater extent.
Immanuel Kant’s non-consequentialist philosophy is considered to be one of the most significant ethical approaches placing greater emphasis upon the goodwill. Kant’s non-consequentialist approach states the fact that human beings must not be utilized by others for attaining ‘selfish’ benefits. Such approach tends to be appropriate for all aspects of the business.

Non-consequentialist approach which is also referred as deontology or Kantianism theory essentially stresses upon absolute principles, duty or certain views of the right. Immanuel Kant created the most significant version of the argument stating the fact that moral duty can be identified without referring to the results of the particular actions.  ...Download file to see next pagesRead More
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