The ethics of business

Corporate Social Responsibility - A Scam

Maximization of profits is the goal of all producers . Depending on the moralities of their owners and managers , businesses may or may not believe in the need to behave ethically . Unfortunately , many for-profit businesses around the globe are known to engage in unethical practices which is the reason why the government must step in to regulate markets and the practices of various business ventures when it is believed that doing so would be of benefit to society . Then again , the thesis of the article , The Ethics of

Business (2005 ) - that it is not the responsibility of businesses to look after the interests of society must be contended with . After all , consumers exist everywhere in society at large . If they learn that organizations selling them products or providing services are engaging in unethical behavior , they may very well turn their backs on the brands in question . The author of The Ethics of Business ' has completely overlooked this reason for ethical behavior on the part of businesses

Zhang (2007 ) in her article FDA Probes Risks Of Popcorn Additive ' published in The Wall Street Journal , describes the ethical concern faced by microwave popcorn manufacturers that their product may contain a chemical additive which could cause lung disease in consumers Although there was no scientific proof for this , ConAgra Foods Inc immediately planned to eliminate within the course of a year the chemical diacetyl from the popcorn it produces . Seeing that the media had learned about the possible...