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Case Study for the Ethical Problem in Business

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Case Study for the Ethical Problem in Business

Bus 508 The Bussiness Enterprise

Introduction

Business owners need to be concerned not only about profit, but also about social responsibility too. Social responsibility is often mandated by certain consumer protection laws, but it benefits business owners to make social responsibility a part of their business plan in order to provide a positive image and reputation in the marketplace. If firms want to do well for their business in the long term, they must have ethics and social responsibility.

Social Responsibility includes:

Responsibilities to the general public include dealing with public health issues, protecting the environment, and developing the quality of their workforce.

Responsibilities to the customer include considering the customer’s rights, such as the right to be safe, the right to be informed, the right to choose, and the right to be heard.

Responsibilities to Investors and the Financial Community

Responsibilities to Employees. Companies require skill and knowledge from their employees to properly get the job done for them, so the company can earn a profit. In return the companies have wide ranging responsibilities to their employees. These include workplace safety, quality of life issues, ensuring equal opportunity on the job, avoiding age discrimination, and preventing sexual harassment and sexism.

The company overview

[pic]

The company name: ConAgra Foods, Inc.

Industry: Food processing.

Products: Various kinds of food products such as cooking oil, peanut butter, frozen meals, hot dogs, etc.

Headquarters: Omaha, Nebraska.

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