Ehical perspective of business Assignment Example | Topics and Well Written Essays - 1000 words

Ehical perspective of business - Assignment ExampleBusiness and individuals therefore when leftover on its will do whatever it takes to make a profit. It can only be excuse by introducing ethics to temper its greed and have a sense of responsibility.Unethical practices are moreover very common particularly in business. Even us, as consumers are part of it without even keen it. Once classic example is our participation and our encouragement for sweat bring outs to flourish by our patronage to their products. They employ shackles and child labor with despicable working conditions and they continue to exist because of us. And just when we thought that big businesses are not involved in employing sweatshops, we are very wrong because they are. Worst, they will even distance themselves and revoke it when they are caught.I can cite the example of Swedish fast-fashion retailerHennes & Mauritz who subcontracted to a sweat shop in Cambodia whose building collapsed that killed many of i ts workers. Instead of being remorseful, Hennes & Mauritz instead denied approval of their orders to the factory to distance itself from the resultant (OKeeffe and Narin). Another company involved is Asics, a Japanese sneaker company. Asics however took a different tone-beginning and instead said that it will conduct an investigation to mitigate public anger of being a party to employing sweatshops (Cheang).These cases illustrate that business is indeed amoral that put ethics in business may depend to be an oxymoron because they contradict each other (Crane and Matten, 2006). This would not have happened without our participation and part of the equation of the reprove is on us because we patronize and even seek products that are made from sweatshops. Actions which may be considered unethical such as deception and use of sweatshops may even become permissible as massive they can become profitable. And if they are exposed, they will readily deny involvement