Cleaner or richer ?
by simonc on February 8, 2013 - 3:27pm
Simon C. CEM group 1030
Ethical business makes the difference between what we should and what we shouldn’t do, some companies would rather care about the environment, some prefer to only consider the money. An ethical business would be like Tim Hortons, who sponsors hockey in junior leagues and an un-ethical business would look like Wal-Mart, who thinks only about the profits. The companies have choices to make considering the society where they are established: laws, languages, ethnicities etc.
All the companies all around the world are subjectedto laws and norms, in which they will have to deal with regulations. Some of the laws pertain the employees and anything inside the companies (ex: in Quebec we have to deal with the CSST and the Federation of Employers), some laws are there to protect the clients (Loi de la protection du consommateur and many more in Québec). They will also have to deal with the city’s laws.
Everything related with ethics talks about the reputation, some have good reputation and some have a bad reputation. The reputation of a company is something extremely important.
A lot of companies do not adhere to ethical business, some of them have multi-millions sales and most of them are fast-food sellers. If the fast-food restaurants would be ethic, they would contribute helping youngsters eat well, which is not the case.
Some companies consciously break the laws concerning the environment because the fines they have to pay are cheaper than the price of getting rid of their garbages cleanly.
Ethical: Money < Environment, norms and laws.
Un-ethical: Money > Environment, norms and laws. -- The dollar wins
The more un-ethical a company is, the richer it is.