1.What are business ethics? Give two examples of business practices that stakeholders would regard as ethical and two that might be considered unethical.
Having good business ethics is having a sense of responsibility for both the community and the environment. It is essential to be aware of the impact the company has on both the above mentioned. ‘Microsoft recognises the importance of corporate social responsibility to business competitiveness.’ Oliver Roll, Director of Marketing, Microsoft One of the ways that Microsoft supports freedom of expression is by helping individuals, nonprofits, and issue and political campaigns use technology for civic engagement in their countries and communities. As one example, Get Online Egypt is a nationwide campaign to help people benefit from computers and the Internet. (MICRISOFT)
We could not ignore business ethics influence on the company reputation. A lot of companies are ready for everything to save their responsible reputation. For example: Greenpeace has found high radiation contamination levels in the streets of the mining village Akokan (Nigeria), where the majority of the Areva`s workers live with their families. What is even more disturbing is that this just year AREVA claimed that those same streets were safe. In one area Greenpeace tested, the radiation was almost 500 times higher than norms. (According Greenpeace)
For example Shell managed to get agreement from the Irish government and then proceeded on the preliminary work for the laying of the pipelines off the coast of county Mayo. West Ireland. From 2002 until the present date this has caused much sorrow and anger in the local community, who consist mainly of fishermen and farmers. They feel bitter about both the loss to the environment and to their livelihood. This is in one of the most clean environments in Europe.
2.The benefits of ethical business behavior affect the business itself and the wider community. Taking an example of an Anglo...
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