...the standard Applicable countries Applicable trade region(s) Application to the chosen product Website address(es) Possible market consequences for the supply chain Example: Name of the standards you have found relevant to your chosen product: Florverde Explanation of the purpose of the standard: Florverde is an initiative of ASOCOFLORES the Colombian association of flowers exporters. The aim of the combined action is to satisfy the requirements of Colombian’s flower 1st importer market the USA. The Florverde certification set up in 1996 enables the thousands of workers involved in the production of export flowers to live and work in acceptable conditions. The certification secures the main USA market and maintain best sustainable practices through annual audits. The main areas for standards include: basic labor regulations, personnel management, work and social welfare, water and irrigation, intergrated pest and disease management, traceability and records. Applicable countries: Colombia Applicable trade region(s): CAN (Andean community) Application to the chosen product: 1. Describe in a much details possible the specifications (e.g technical or environmental) for each standard you have found and to whom they apply (e.g workers, machinery,..) example 1 for working hours, staff must not work than 48 hours per week and must be aged above 18 years. example 2 Website address(es): www.florverde.org Possible market consequences for the supply chain: USA...
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...SUSTAINABLE DEVELOPMENT Student Name: Student Number: Instructor: Class: Date: The concept of Sustainable development has in the recent past, raised concerns in all aspects of day to day living. Consequently, over the years a number of definitions and connotations have been associated with this concept, so as to apply it in different professional settings. Particularly, different professions have adopted various codes of ethical; conduct centered on sustainable development. Accordingly individuals working in various sectors constantly seek to adhere to these codes of conduct within their mandates. The engineering sector is one such area where the concept of sustainable development is regarded as a key tenet guiding ethical conduct among engineers. This paper traces the history of the concept of sustainable development and how it is practically incorporated into the engineering profession. Further, this paper examines the current Engineers’ Code of Ethics and how it addresses the issue of sustainable development. There have been various definitions regarding the concept of sustainable development. However, all these definitions revolve around the concept of need and limitation. The all time famous definition was one brought forward by the world Commission on Environment and Development in 1987 that termed sustainable development as, ”development that satisfies present needs without undermining the ability of future generations to satisfy their own needs.”. This definition...
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...has been prepared by Emer Diviney and Serena Lillywhite at the Brotherhood of Laurence Sustainable Business Unit. Brotherhood of St Laurence 67 Brunswick Street Fitzroy Vic. 3065 ABN 24 603 467 024 Ph: (03) 9483 1183 www.bsl.org.au the HUB of responsible business practice in Australia is a project of St James Ethics Centre © St James Ethics Centre 2 Contents Acknowledgments Summary Introduction Key findings The way forward Recommendations Introduction Brotherhood of St Laurence Gorman Industries Understanding the clothing industry Corporate responsibility and “sustainability” Developing tools for responsible business practice Roadmap methodology How we went about it Who we spoke to Overview of the garment supply chain The clothing industry roadmap Key sustainability issues in the garment sector Case study: Gorman Who is Gorman? The Gorman roadmap: Merino Tee and Forest Dress Unpicking the garment roadmap Design and production management Wool and cotton cultivation Processing raw materials and yarn manufacturing Knitting and weaving Fabric processing Cut make and trim Retailing and wholesaling Consumer use Textile waste and disposal Freight Towards sustainable garments Garment industry drivers Sources of information the HUB of responsible business practice in Australia is a project of St James Ethics Centre © St James Ethics Centre 5 6 6 7 11 12 14 14 15 15 17 18 19 19 20 22 22 23 ...
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...Q1 Primary stakeholders are those stakeholders who are directly affected by company’s activities, either positively or negatively. Primary stakeholders always have a close relationship with the company. For example, shareholders, employees, managers, suppliers and customers are in the primary stakeholder group. Secondary stakeholders stand for those who are indirectly affected by company’s operation or project. Secondary stakeholders always play an intermediary role but also have interest related to the company. For example, secondary stakeholder includes government agencies, policy makers, finance institutions and local board members. It is important for company to do stakeholder analysis and classify stakeholders into different groups. Different group are affected by company’s operations in different patterns (Goodpaster 1991). Primary stakeholders tend to be more greatly affected by company’s project; hence, primary stakeholders should be put into the first consideration priority when company makes decisions. Besides, company’s economic and human resource are scarce and limited, it is always impossible for company to allocate equal resources to all stakeholders, thus, company should put those who are directly affected by company and those who are closely related to company in the first priority (Kivits 2011). Stakeholder classification is used to help company identify the significance of stakeholders and attach different importance to different stakeholders. Q3 Crisis...
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...Social Responsibility (JJT2) Activities at a Glance 1 4 WEEK 1 Ethics Reading Read the following chapters in Business and Society: Stakeholders, Ethics, Public Policy: chapter 4 ("Ethics and Ethical Reasoning") chapter 5 ("Organizational Ethics and the Law") After reading the assigned chapters in your e-text go to the publisher companion site to review key terms and to take the interactive quizzes for the assigned chapters. Overview of Leadership Ethics Access MindEdge and complete the following module. Compare your work to the feedback provided. Module 1: Leadership Ethics If you want additional information to supplement your learning, please review the following SkillSoft resource: Business Ethics for Managers WEEK 2 Overview of Sustainable Management Read the following chapter in Business and Society: Stakeholders, Ethics, Public Policy: chapter 10 ("Ecology and Sustainable Development in Global Business") chapter 11 ("Managing Environmental Issues") After reading the assigned chapters in your e-text go to the publisher companion site to review key terms and to take the interactive quizzes for the assigned chapters. Sustainable Management Review Visit this website for additional information: www.epa.gov Access MindEdge and complete the following module. Compare your work to the feedback provided. Module 3: Overview of Sustainable Management If you want additional information to supplement your learning...
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...Business ethics 1. Assignment 1: Questions 1) Analyzing the ethical frameworks needed in decision making, which ones best align to the eight ethical principles of the Global Business Standards of Codex. Without doubt, there always exists a dilemma when company decisions are being made. It is for this reason that ethical frameworks are utilized to ensure that appropriate decisions are made in the organization. Ethics.ubc argues that ethical frameworks act like “snake detectors.” They are there to ensure that “snakes” in the organization are easily recognized before they bite. In layman’s language, they offer guidance when making decisions. Some of the ethical frameworks put forward include: * The utilitarian approach * Rights approach * Fairness approach * Common good approach * Virtue approach Utilitarian approach This approach basically focuses on the consequences of a particular action (capsim.com). For example, it considers whether an action will eventually lead to greater good than other related actions. Therefore, the most ethical decision to be made will be that which will offer maximum benefits. Rights approach In this approach, the most ethical decision to be made will have utmost respect and protection for human rights (capism.com). In this case, people have the right to make their own decisions and everyone ought to be respected in the decisions they make. Fairness approach Just as the name suggests, fairness...
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...Ethics and Sustainable development Mark&Spencer Plan A analysis Bao Quoc Nguyen Ethics and Sustainable Development Mark and Spencer Plan A with Oxfam Table of Contents MARK & SPENCER PLC ................................................................................................................... 3 COMPANY OVERVIEW ........................................................................................................................................ 3 BUSINESS DESCRIPTION .................................................................................................................................... 3 HISTORY .............................................................................................................................................................. 4 SWOT ANALYSIS ................................................................................................................................................ 4 PESTLE ANALYSIS ............................................................................................................................................... 5 OUTLINE SOME PROBLEM FACING RETAILERS IN UK .........................................
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...UNIVERSITY OF WALES: TRINITY SAINT DAVID PRIFYSGOL CYMRU: Y DRINDOD DEWI SANT School of Business, Finance and Management Ysgol Busnes, Cyllid a Rheolaeth Business Ethics and Social Responsibility SBUS6003 October 2015 – Term 5 February 2016 – Term 6 SBUS6003 Business Ethics and Social Responsibility MODULE CODE: TITLE: DATED: SBUS6003 Business Ethics and Social Responsibility 02/06/2011 LEVEL: CREDITS: 6 20 TEACHING METHODS: Lectures Workshops Independent Study JACS CODE: N200 8% 16% 76% AIM(S) • To introduce students to the particular problems and opportunities experienced in adopting or ignoring corporate social responsibility. • To develop students’ understanding of the relationship between business ethics and management decision making • To develop students understanding of sustainable business issues and how they can be managed, promoted and developed in a business context. LEARNING OUTCOMES By the end of this module students should be able to: • critically evaluate the tipple bottom line of sustainability as a key goal for business ethics; • critically evaluate the role of ethical theory in decision making in business. • critically appraise stakeholder expectation and its relationship with corporate governance and social responsibility; • research and critically analyse ethical challenges in different organisations; • investigate and critically evaluate an organisation’s management of corporate...
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...INTRO Business Ethics (also known as corporate ethics) is a form of applied ethics or professional ethics that studies the ethical principles and moral or ethical problems that arise in a business environment (source: Wikipedia). This applies to all aspects of business conduct and is relevant to the behavior of individuals and organizations overall business. Applied ethics is a field of ethics dealing with ethical questions in many fields such as medicine, engineering, law and business ethics. Business ethics can be a discipline both normative and descriptive. As the practices of the company and a career specialization, the field is primarily normative. The scope and quantity of business ethics reflects the degree to which its business is considered contrary to the social values of non-economic. , For example, today most major corporate sites put pressure on the commitment to promote social values of non-economic under various posts (eg code of ethics, social responsibility). In some cases, companies have to reformulate their core values in the light of considerations of business ethics....
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...BUSINESS ETHICS AND CSR IN THE CONTEXT OF SAMSUNG ELECTRONICS 1.0 Introduction In the 21st century of business, there are number of factors apart from the financial figures that play a vital role for the success story of the business corporations. These factors include the culture adopted by the business, philosophy of the management of the company, code of ethics and standards followed by business. The presence of all of these factors in the business’s ethical guidelines has a significant impact on the ability of the business organisations to perform well on the long term basis. In this report the Samsung Electronics’ ethical issues are studied along with the importance of the business ethics and Corporate Social Responsibility (CSR) practices adopted by the business organisations. The upcoming sections of this report present information about the meaning and importance of business ethics which is followed by the description of the violations of the ethical issues by the Samsung Company and the also the role of Samsung management in promoting CSR and overcoming ethical issues. 2.0 Meaning of Business Ethics The primary objective of each and every business organisation is to run business for the purpose of profit as well as the maximisation of owners’ wealth. Profit can be maximized by selling goods and services at reasonable prices and as far as wealth is concerned this can only be maximized if business follows the required ethics. The term business ethics...
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...The need to recognize and deal with the subject of business ethics has become a significant priority in organizations today. Just in a few years ago, there has been a number of well-publicized scandals resulted in public outrage about misappropriation of public funds and fraud in business and a demand for improved business ethics and greater corporate responsibility. The publicity and discussions involving highly visible legal and ethical lapses at a number of well-known private companies and government ministries notably Zambeef, Ministry of Health and Medical Stores Limited highlight the need for organizations both profit and non - profit making to integrate ethics and responsibility into all business decisions. At a greater expense in response to ethical lapses, business decisions and activities have come under questioning by many different components, including consumers, employees, investors, government regulators, special interest groups and the general public at large observes. As a result, new laws and regulations designed to encourage higher ethical standards in business have been instated states (Sandi, 2002). Therefore this paper will to discuss the issue and effect of poor ethical standards in the organization were I have worked for the past six (6) years which is the Ministry of Health and I will further give experiences of other organizations operating in the Zambia based on the information that I have read from the media. At last then discuss the counter measures...
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...BMO5501 BUSINESS ETHICS AND SUSTAINABILITY Assignment 2 : Reflective Journal Page 1. Overview 2-3 2. Table of Contents a) Business Ethics 4-5 b) Sustainability 6-7 c) Capitalism 8 d) Corporate Social Responsibility 9-11 3. References 12 Overview The three main topics of the course, Ethics & Business Ethics, Sustainable Development and Corporate Social Responsibility (CSR) are very relevant in today’s business world. The phasing and sequencing of readings starting with Ethics, then to Sustainability and ending with CSR provides a good foundation to the business practices of CSR. Without the foundational understanding of Ethics normative theories and Sustainability phenomenon and issues, and the concepts of socialism, capitalism, corporate citizenship, the readings and eventual learning about the subject of CSR would be more superficial and spiritless. The 4 key normative ethical theories of Egoism, Utilitarianism, Kant’s, Rights have very different moral reasoning in judging what is right or wrong, good or bad. Egoism is very individualistic and consequentialist. Utilitarianism is also consequentialist but based upon the aggregated greatest number of well beings. The opposite of these two are non-consequentialist, one theory is based on the motives – Kant’s categorical imperative and second theory is based on Rights, human rights and natural rights. Each ethical theory has its valid...
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...Business Ethics and Efficiency RWT1 Table of Contents Executive Summary 3 Subject and Purpose 3 Introduction 5 Discussion 5 Ethics and Economic Efficiency 6 Organization Goodwill and Competitive Advantage 7 Risk Management and Credit Facility 9 Recommendation 9 Conclusion 10 References 12 Executive Summary Due to increased globalization and competition in industry, organizations are facing tough challenges in the keeping their business operations sustainable and ethical so that they continue to grow and develop in a successful manner. When we talk about driving the organization towards success it is not any different from steering a car or vehicle in the right direction towards the required destination. That is why roadmaps and directions are developed and changed constantly so that the organizations and management are able to keep their business current and follow the latest trends and requirements as demanded by the external environmental factors that are constantly changing. It is extremely important that on its way to growth and improvement, the organizational management must look out for any new developments like technological advancement, globalization, new regulations, and laws or policies with regards to their business industry in order to maintain the performance and reputation of the business. On their way towards growth many leaders and management often ignore and forget the importance of business ethics and corporate...
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...BUSINESS ETHICS Student’s Name: Ce Wang Student’s ID: 1226656 Instructor’s Name: Peter Goalby Course Name: New Advances In Business University Of Bedfordshire Date Assignment is due: 20/03/2015 Abstract Business ethics looks at whether the company is heading in the right course by adhering to the various factors such as integrity, fairness and reliability. The ethics set up by the organization plays a vital role in the hiring process and the business management practices. Running an ethical organization is vital in financial matters and in creating the morale and loyalty of the personnel. Ethics are also relevant to the business as it ensures that there is ethical behavior among the workers in the organization. Ethics are also relevant to the business as it aids in creation of an ethical organizational culture. Most of the organizations when posed this question believe that it is the employees who are chiefly responsible for ensuring that their work meet the ethical considerations. However, the employees are not the only ones responsible for business ethics, the employees need support from the management or from the employer. This paper has a look at the ethical issues surrounding the steel manufacturing industry and the Healthcare industry. It also looks at the relevance that ethics have on business, sustainability and corporate responsibility. The paper also looks critically at the connection of business ethics to the organizational culture. Lastly, it...
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...Name University Course Tutor Date Business Ethics Business Ethics Ethics can be defined as moral guidelines which govern good behavior. Therefore, business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It is increasingly being applied in businesses to guide their operations. It captures different aspects norms and values that govern the behavior of a business. For instance, it has codes of practices that are increasingly becoming popular. These cover different areas such as corporate social responsibility, environmental policy and actions, rules for personal and corporate integrity, dealings with customers and the supply chain. Business ethics guide how businesses and people should behave in the world of business or commerce. Ethical Theories There are several ethical theories that explain how people and business entities should behave in the society so that their behavior may be considered to be morally good. Some of these theories are briefly explained below in relation to business behavior. Utilitarianism This theory holds that an act can be judged as morally good or bad, right or wrong when it produces amount of pleasure or lack of pain for the greatest number of people (Sadler 9). Business ethics operates under greatest happiness principle. This implies that businesses and their managers need to maximize positive outcomes for the largest number of people...
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