Please enable JavaScript.
Coggle requires JavaScript to display documents.
Business Task 1: Ethical Decision (Limitations (In some country, if…
Business Task 1: Ethical Decision
Shell and Ethic
Shell is a group of energy and petrochemical companies w\ in more than 70 countries.
Code of ethic (COE) requirements
adhere to the SGBP, any applicable code of conduct on dealing in securities and any provisions for the avoidance of conflicts
avoid any relationship with a contractor or supplier that could compromise the ability to transact business on a competitive basis
act in accordance with the highest standards of honesty, integrity and fairness
They spill their oil on the sea surface in Nigeria.
Nike and child labor
CASE :Nike has been accused of using child labor in the production of its soccer balls in Pakistan.Pakistan has laws against child labor and slavery, the government has taken very little action to combat it. (Thursday, November 4, 2010)
Fair-trade
TRADE between companies in developed countries and producers in developing countries in which fair prices are paid to the producers.
Limitations
In some country, if children are not employed, their families income will fall
The company may have to be set higher
Short- term profit might fall
Price might be higher, and might discourage the consumers
Higher cost: Adults will be paid more than children
Benefits
Increase the long-term profit
The company can raise capital form investors and recruit good worker
The company will have good publicity
Less risk
The company will increase purchase
Activity 28.5
Because they have to control a lot of workers at the same time and they have to perform more skillful tasks. They have
a) Unethical decision means that is not a right thing to do. It is wrongful decision