LETTER ASSIGNMENT: Routine Request

Here , the consequentialist principle of ethics which supports the principle of the common good supports the need for a strong moral conduct in business considering the dire consequences of non-disclosure of relevant caveats . This is clearly illustrated by the need for strict product labeling , complaints and grievance mechanisms for product returns and refunds and critical product disclosures with health , ecological and environmental implications and risks (Shaw , 2003

Mechanisms , Strategies and Techniques for Ethical ComplianceStrong and influential economic and environmental alliances supported by states and the government as well as civic advocacies

are among the more common mechanisms to exact ethical conduct among stakeholders . In some instances , governments who are in dire need for foreign direct investments overlook the need for ethical compliance or simply look the other way when unethical practices become evident . Here , private advocacy and legislative lobby groups as well as media audit and vigilance teams monitoring business practices help obviate unethical business practices

Thus , the stakeholder principle of vigilance in business practices can become an indispensable component of prevention of unethical conduct Greenpeace is an example for environmental ethics monitoring , the anti-money laundering act which equally monitors questionable bulk money transfers , stricter laws against acts that result to all unfair and unethical business practices such as dumping of harmful and expired products , human guinea pigs in medicine , uncontrolled degradation and non-restoration of mining sites , product insensitivity to culture religious beliefs and social morals . Here , a no- nonsense role modeling of states and rule implementation of government agencies more often reflect some form of discipline in business that help put and transparency in every commercial transaction (Jaksa Pritchard , 1993

Conclusion

The practice of ethics in business at the international level will , as it currently practiced , is expected to continue to become a challenge to the compliance system of...