Unit 37; P1
Explain the issues a business needs to consider in its operational activities.
What is business ethics?
Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions, it also applies to business.
Read more: http://businesscasestudies.co.uk/anglo-american/business-ethics-and-corporate-social-responsibility/what-are-business-ethics.html#ixzz3XSqGf1O6
Outline some ethical issues facing a business of your choice.
The business I’ve chosen is Tesco. Tesco faces a protest from the trade union Unite over the treatment of migrant workers in its meat and poultry supply chain at its annual meeting in Glasgow today.
Another issue Tesco faced is the horse meat scandal. Tesco said the horsemeat scandal had a "small but discernible impact" on frozen and chilled convenience food sales. Some Tesco Everyday Value Spaghetti Bolognese contains 60% horsemeat, DNA tests by the retailer have found. The meal, withdrawn from sale on Tuesday, came from the French factory producing Findus beef lasagne, also at the centre of a row over horsemeat. Meanwhile, Environment Secretary Owen Paterson has told MPs of plans to test all processed beef in the UK. Tesco Group technical director Tim Smith said: "The frozen Everyday Value Spaghetti Bolognese should contain only Irish beef from our approved suppliers. The source of the horsemeat is still under investigation by the relevant authorities. He also stated that "The level of contamination suggests that Comigel was not following the appropriate production process for our Tesco product and we will not take food from their facility again.” Sam smith also made a statement towards their customer saying “we are very sorry that we have let customers down."
Examine mission statement and aims and objectives of your business and indicate whether these take on board