Sunday, December 29, 2019
Ethical Issues in Business (Body Shop) - 2915 Words
The Body Shop: Ethical Issues in Business It is nearly impossible to pick up any newspaper and avoid reading a section that deals with the unethical or even illegal conduct of the people who run our companies. Whether itââ¬â¢s stock manipulation, dubious accounting practices, or discarding of environmental waste, the stories keep on emerging. Ethical standards mostly relate to performance or behavior that is not covered by law, and the rule of law covers behaviors that may not necessarily be covered by moral or ethical standards. The principles for social or ethical conduct are embodied within each member of staff as well as within the business itself. Ethics are ââ¬Å"the code of moral values and principles that rule the behavior of aâ⬠¦show more contentâ⬠¦The Body Shop used shop windows and stocking space to support and advertise this cause and encourage awareness with problems in domestic violence in the home. The campaign is successively running in more than 35 markets around the globe and is making a considerable difference. They have also been increasing funds and raising awareness about HIV and Aids for several years now but from 2007 there will be the initiation of a new campaign in which they are in no doubt confident that it will aid those who are affected by Aids or HIV. ââ¬Å"The Body Shop Foundation is committed to supporting innovative global projects working in the areas of human and civil rights and environmental and animal protection. To date The Body Shop Foundation has donated over à £8million to organizations worldwide (Body Shop webpage, 2006).â⬠2. ââ¬ËProtect our Planetââ¬â¢ The Body Shop has a definitive aim of being economically, socially, and ecologically sustainable. They also seek to ensure that they are responsible and ethical in all of their actions and activities. This strategy envelops all the environmental impacts that The Body Shop creates or can influence. It focuses on their responsibilities and keeps impacts that aim in protecting the environment all through their global business. It places interest on the environmental issues that are main priorities in supporting theShow MoreRelatedSustainability And Ethical Concerns Of The Body Shop1627 Words à |à 7 Pages Sustainability and ethical concerns The Body Shop was always considered as sustainable and ethical business. ââ¬ËThe company s campaigns against human rights abuses, in favour of animal and environmental protection and it commitment to challenge the stereotypes of beauty perpetuated by the cosmetics industryââ¬â¢ (THE BODY SHOP, 1999). The Body Shop sources the best quality raw ingredients around the world, they have ââ¬Ëtwenty-five Community Fair Trade suppliersââ¬â¢ (THE BODY SHOP, 2015) and their purchasingRead MoreEthical Issues in Marketing1566 Words à |à 7 PagesEthical issues in marketing The importance of ethics in marketing is growing. Recognition and respect for ethics, covering a wide range of issues can be used as USP (unique selling point) for a company. Each society will have it own unwritten code of behavior. However view of matter will change over time. Due to this societal marketing concept has emerged which requires that marketer adhere to socially responsible and ethical practices in the marketing of their goods and products. Below is the definitionRead MoreFacts about The Body Shop655 Words à |à 3 PagesOne of the biggest concerns when the Body Shop was taken over by LOreal was the issue of corporate culture. The cultures of the two organizations are very different. The Body Shop has positioned itself as an ethical firm, avoids animal testing and has made its ethics a core part of its marketing message. A recent situation in Colombia illustrates the ethical culture at Body Shop. A palm oil supplier there had attempted to evict farmers from a ranch wher e they had been living. This situation createdRead MoreEssay on Business: Mission Statement1372 Words à |à 6 PagesBody Shop Case Study In this case, how does The Body Shop address the four components of social responsibility? In the Body Shop, what tensions among these components were at work? Legal- the Body Shop avoided animal testing and used all natural ingredients to avoid any lawsuits. They knew the products were safe since people have been using them for years. Ethical- Anitas personal and moral beliefs into her work is that she is against animal testing and made a great effort to make sureRead MoreValue Chain Analysis of the bodyshop1064 Words à |à 5 Pagescategories: primary activities and support activities. 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Corporations have to maintain the same standards as an individual person and, in addition, corporations, as organizational units, have their own social responsibilities toward customers, employees and society. However, any business shouldRead MoreCorporate Social Responsibility: A case study of The body shop1223 Words à |à 5 Pagesï » ¿Explain with examples what is meant by Corporate Social Responsibility and discuss why it is important to modern business In todayââ¬â¢s world, Corporate Social Responsibility (CSR) has been one of the topics that every company must be concerned with. It is usually viewed as a legal obligation for every company to create social benefits alongside with the profit gains (Peng and Meyer 2011, p.297). CSR is a crucial factor for our society and environment. If there is no campaign to encourage us toRead MoreI Have A Love Of Two Things : Music And Classic Cars1388 Words à |à 6 Pagesand classic cars. It was of no surprise that I purchased my first muscle car at the age of 17. It was a 1973 Mach I Mustang. In 1999 I began employment at Bobââ¬â¢s Auto Body in Rochester, Minnesota. I was a general shop assistant that was responsible for cleaning of the shop, maintenance of equipment as needed, and assisting the auto body technicians. Within six months I had applied and been accepted to Wyoming Technical Institute (WyoTech) in Laramie Wyoming with the goal of obtaining the knowledge necessaryRead MoreT he Potential Benefits of Csr Relative to the Costs for Businesses and Their Stakeholders.1223 Words à |à 5 Pagescontrol their business processes to provide an overall positive impact on society. There are many factors that determine how socially responsible a business is, but alongside these are the benefits and costs relating to the level of CSR produced in this essay, I will be analysing companies from the retail industry and a car manufacturer to discuss the potential costs and benefits to both business and their stakeholders of CSR. The Body Shop is well known for being an extremely ethical company. BecauseRead MoreWhat is Social Responsibility?931 Words à |à 4 Pagesan ethical ideology or theory by an organization or individual, has an obligation to act to benefit society at large. Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem. A trade-off always exists between economic development, in the material sense, and the welfare of the society and environment. Social responsibility means sustaining the equilibrium between the two. It pertains not only to business organizations
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