Question

What are the do's and dont for cosmetics businesses in relation to Ethical Theories or Stakeholder Theory?

Answer 1

~Do' s and don't s of cosmetics business:-

The most noticeable immoral practice would doubtless be the immoral animals? testing practice on the pre-supplier, exploration end of the business chain. Regardless of, current Food and Drug Administration's open regulation, not stand in need of the testing of products on animals before trade release, many firms still choose to test their products on Rabbits and rats.

So the cosmetic company should not do this!

Whereas.. These practices would also bounce back to the knowledgeable consumer regarding the basic motive of a company, recommending that these companies are basically more in esteem of business revenue than the benefit of society and if a company will have such an image in the society, then this would result in it's downfall and will become a hurdle in the long run of the company..

So cosmetic companies should stress upon the quality checking of their products and they should show the exact composition of the material used in the product.. The price of their products should be reasonable.

Hope it'll work!!

All the best??