Question

In: Economics

What is the most important sign of an ethically healthy company? Link a story about a...

What is the most important sign of an ethically healthy company?

Link a story about a company that seems to be ethically healthy.

Link a story about a company that seems to be ethically challenged.

Solutions

Expert Solution

1. What is the most important sign of an ethically healthy company?
The most important sign of a truly ethical company will be one that is not causing damage to the environment, exploiting its workforce by paying low wages, using child labour, or producing products which are harmful or dangerous.

2. Link a story about a company that seems to be ethically healthy.

  • TATA is one of the largest private corporate group in India.
  • Founded in 1868. Founder Jamshetji Tata
  • Headquarters in Mumbai, India
  • They have 144 companies in 7 business sectors.
  • Their products are, Automobiles, Steel, Software, Retail, Telecommunications, Hotels,consumer goods etc.
  • They says that, "We never compromised on ethics"
  • It is India's largest business house
  • India's oldest business house
  • India's largest private employer
  • India's most employee friendly company
  • India's largest investor in CSR
  • They provide environmental sustainability, recycling, waste management, water management renewable energy, reusable materials, greener supply chains, reducing paper use and adopting Leadership in Energy and Environmental Design (LEED) building standards.
  • It Pioneering environment protection, ecological conservation measures in and around our facilities.
  • They are Constant research and updating our application of sustainable manufacturing processes for reduced environmental impact.
  • It Heavy reforestation and creation of new water resources in the form of ponds and wells for the surrounding communities.
  • They provide a safe, healthy, clean and ergonomic working environment for its people
  • They committed to supply goods and services of world class quality standards, backed by after- sales services consistent with the requirements of its customers

3.Link a story about a company that seems to be ethically challenged.

  • It is one of the largest beverage companies in the world
  • Coca-Cola has a lot of pressure with ethical issues.
  • This company has been involved in racial discrimination, misrepresenting market tests, manipulating earning and disrupting long-term contractual arrangement with distributors.
  • Coca-cola is one of the largest bottler of coca cola trademark beverages in the world in terms of total sales volume with operations in Mexico, Argentina,Brazil, etc..
  • It contain toxins that can contribute to cancer and the brak down of the inmune system
  • The lack of rainfall, Coca cola shouldn't build plants in drought sicken areas
  • The another problem regarding water polluting and using up between India and Coca cola


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