Anglo-American
Abstract Anglo-American and Primark are among the world’s leading companies. In this paper, I will analyze their application of ethics and then utilize “A Model of Business Ethics” to help describe the two companies ethical practices. The paper will provide a discussion of the costs and benefits of an organization as well as define ethical business.
Introduction
Anglo-American and Primark are two multinational organizations with different Code of Conduct ethics. However, the rapid economic changes of the world have interconnected global organizations and it is evident that regardless of organizations operative procedures one thing is for certain; the global businesses have engaged in this organizations labor modules to meet the consumer demands of the world forgetting their Code of Conduct in which they based their company on. Laws are established for a reason; therefore, in the business market it is no different. Laws, whether foreign or domestic are the key point for starting any business. Although, businesses establish their own principles, each organization defines their own values differently.
Ethical Business Business ethics are based on the same principles that determine an individual’s character; therefore, business ethics relate to organizations moral principles that guide what is relatively right and wrong within an organization. An example of a business ethic is following the International Code of Conduct, which states that companies should not utilize child labor. Codes of Conducts are established by the United Nations for the purpose of protecting an individual’s choice of employment and to ensure that the labor conditions are hygienic and safe for all employees; therefore, it is relatively easy to identify unethical business behaviors in organizations. Although organizations have created their policies, it is difficult for all organizations to establish good ethical behaviors. Organizations such as Anglo-American and Primark
Introduction
Anglo-American and Primark are two multinational organizations with different Code of Conduct ethics. However, the rapid economic changes of the world have interconnected global organizations and it is evident that regardless of organizations operative procedures one thing is for certain; the global businesses have engaged in this organizations labor modules to meet the consumer demands of the world forgetting their Code of Conduct in which they based their company on. Laws are established for a reason; therefore, in the business market it is no different. Laws, whether foreign or domestic are the key point for starting any business. Although, businesses establish their own principles, each organization defines their own values differently.
Ethical Business Business ethics are based on the same principles that determine an individual’s character; therefore, business ethics relate to organizations moral principles that guide what is relatively right and wrong within an organization. An example of a business ethic is following the International Code of Conduct, which states that companies should not utilize child labor. Codes of Conducts are established by the United Nations for the purpose of protecting an individual’s choice of employment and to ensure that the labor conditions are hygienic and safe for all employees; therefore, it is relatively easy to identify unethical business behaviors in organizations. Although organizations have created their policies, it is difficult for all organizations to establish good ethical behaviors. Organizations such as Anglo-American and Primark