This assessment will cover the following questions:
- Identify the important stakeholders and the impact of them of the ethical issues.
- Thai Union is a Thailand based sea food producer. Provide the analysis of the organisation.
- Apply the ethical and behavioural theories to the case study.
- Generate the quality required for ethical leadership.
INTRODUCTION
It's crucial for a company to conduct its operations with ethical practices in mind, as this enhances the organization's performance and reputation (Crane et al., 2019). Ethical practices contribute to the overall development of society and help establish a positive organizational image in the market. Business ethics provide a framework for companies to conduct their activities effectively.
This report focuses on the Thai Union and explores various ethical issues and the role of business in society. It examines the impact of stakeholders and applies different ethical theories to the case. Additionally, it identifies the qualities of leaders necessary to develop an ethical organization.
PART 1:
(Part A):
Number of factors including the case
Environmental damage: This is said to be one of the crucial factor, which consists with different elements and these could be anything from habitat destruction, the extinction of wildlife and so on. These effectively considered as elements that impact upon environment and raise degradation-related situations in regards to water species. If it is talked about the case study that has been given within the assignment, there are 35 canned tuna companies that are operating within the Pacific Ocean and are also consists with an appropriate response to workers rights. Here, somewhere somehow all the business organizations has breached the different governmental policies, which were developed. In the same way, the Thai Union company was also got affected due to the same reasons.
Slavery: Another crucial factor, where migrant workers within the company i.e. Thai Union is particularly was trying to resolve the issues in relation to abuse due to lack of official documentation, language barriers, diminished safety nets, reduced bargaining power and so on. This led organisation to deal with high turnover employment ratio and so on.
Human trafficking: This is also being considered as one of the crucial factor which was specifically dealt with forced labor where traffickers where organisations i.e. Thai Union was also obliged with the same. Along with this, situation also raised problems in regards to different number of issues faced by Thai Union.
Company be looking at this issue from the perspective of ethics
If it is talked about any business organisation performing in a particular sector or in any other sector, there are number of factors that are linked with ethical aspects. Here, considering the case in relation to tuna spam, where around 35 big companies were involved, it was pretty much required to focus on different slavery related policies and develop various tuna supply chain management-related programs. Due to this, company i.e. Thai Union would not have gone through or face different legal obligations that society has applied on it. Here, it was necessary for the company to look into ethics related aspects so that right amount of modifications could be managed and made. Through this, all the legal aspects were specifically needed to be managed so that different goals and objectives can effectively be attained in specified time frame. Here, in order to prevent the company from all the issues, Thai Union took a decision in related to MSI engagement, where firm started sharing the information from one to another.
This issue will lead to have negative impact on organisation as this will directly impact over the performance as well as sales of company. Unethical practises conducted by respective company will lead to affect the negative influence over the public image. This will lead to promote the negative publicity of organisation and affect the overall sales of organisation. This company will not be able to gain trust from its employees as well as customers. Protection of employees against the slavery will lead to have impact over the performance of employees as they will not be able to work in effective and efficient manner. It is very important for Thai Union organisation to follow all rules and regulation which is set by government. By following the all rules and polices company will be able to meet with the requirement of customers. By considering ethical practices respective company will be able to meet with the requirements of customers. It is essential to company is performing corporate social responsibilities in order to develop positive image of company. Thai Union has developed a separate policies which are not that not only required suppliers to prohibit the force or compulsory labour. Business play a crucial role in society as it leads to distribute product and services as per need and want of customers. There are different ways though which respective company will be able to provide benefits to society as well as play a crucial positive role in organisation. It is essential that company is considering human rights while performing task of organisation (Pearson, 2017). This company needs to consider moral values while take business decisions. Thai Union organisation has develop public commitment to respect human rights that is helpful in addressing the modern slavery as well as applies throughout the supply chain of organisation.
Stakeholders will have huge impact on company and they will affect the overall process of business. The main stakeholders of Thai Union are suppliers, government, non government organisation and business partners. This stakeholders of respective company will lead to development of polices of organisation. In this suppliers support that it is essential for this organisation to provide right to freedom of association as well as collective bargaining. This will lead to have positive impact over organisation as through this company will be able to converting human rights into practice. This company is using digital traceability program with the use if satellite connectivity. Mobile application will help in enhancing the digital traceability with the help of electronic catch data as well as traceability system (Werhane, 2019). This is ia a very good example of Thai Union organisation and no other company was using this tool and techniques in order to collect data. In this initiative, there is a important parts which is known as Fish Talk. This is a chat application which is helpful for connecting the workers at sea to onshore operations. With the help of this application crew members will be able to communicate easily. This is a great initiative as well as example to enhance the moral of employees as well as help in retailing staff member for longer time frame.
There are some examples which represent the good choices as well as bad choices of organisation. For this organisation good choices will lead to have positive impact over organisation where as bad choices will lead to have negative influence. Example of better practices that has been identified though this survey was that the Thai Union company has robust human rights due to diligence procedure which lead to provide details about specific action in due to diligence process. Worried for online essay help ?Take experts help!
There are some recommendation for this organisation which will help in perform business functions in effective and efficient manner. This company needs to develop an effective complaints as well as whistle blower mechanisms. By providing training to employees this company will be able to perform better.
(Part B):
There are two different type of theories are used in order to analyse as well as evaluate the impact of business ethics. It is essential that company is considering all ethical practices while performing business activities (Dierksmeier and Seele, 2018). Ethics can be define as a branch of philosophies that deals with the various principles of morality as well as ethical standards. This will help business to take decisions after analysing what is right as well as what is wrong. There are two different theories has been used in order to understand as well as identify the ethical practices in organisation. Theories that are used in Utilitarianism and Formative ethical theory. Both of these two ethical theories are mention below in detail.
Utilitarianism ethical theory - This is moral theory that leads to the avocation of actions that promote the overall happiness or pleasure as well as rejection actions that will cause the unhappiness or harm. This is also known as normative ethical theory that competently focus on the right as well as wrong of the outcomes. This will help in choosing the one policy or action over the other. This theory is developed by Jeremy Bentham and John Stuart Mill who is a English philosophers and economist in late 18 th and 19th century. They believe that the action is considered to be right when its outcome tends to promote happiness as well as action will be wrong when it will lead to produce reverse of happiness (Wallace and Sheldon, 2015). So it is essential for an organisation to promote business ethics in order to perform organisational functions in effective and efficient manner.
The Utilitarian ethics is a normative ethical system which is primarily concerned with the impacts of ethical decisions. This theory of business ethics focus on the aim of betterment of society by directing to make social, political as well as economical decisions. Company should perform business operations in such a manner that will lead to gain positive outcome from the customers as well as society. All of the decision taken by organisation must lead to happiness as well as welfare of society. Utilitarian is one of the most ethical choice as it will lead to produce the greatest product and services for the greatest number of people. Greatest happiness of a person depends upon the right actions (Robertson, 2017). Respective company needs to understand as well as evaluate the impact on business activities on the customers as well as society. It is very important that organisation is considering the impact of its business activities on society as well as perform business operation in such a manner that it will directly lead to promote happiness as well as pleasure to society.
Formative theory of business ethics
Formative theory of business ethics includes Kantian ethics. This is one of the crucial theory which will help organisation to perform business functions in effective as well as efficient manner. This is one of the crucial part of organisation as company have to take correct business decision which does not have negative impact over the society. This theory refers to the ethics which is deontological ethical theory (Medeiros and et.al., 2017). This theory is developed by Immanuel Kant who is an German philosopher. Kantian ethics theory is developed with as an result of Enlightenment rationalism. This theory is bases on the view that actions can only be good when its maxim the principles behind it. It has assumed that good things as the a goodwill. Kantian ethical theory is developed on the belief that it is essential to determining how a person ought to act. This ethical theory will help respective company to perform business functions in correct manner in order to achieve desired goals and objectives. By implementing the practices of Kant model as well as principles of morality in the day to day working. Though this respective company will not lead to have any negative impact on the society by its business operations. The aim of Kantian ethics model is to provide a framework as well as methods of moral philosophy. There are two major aspects that needs to be considered and both of this is mention below in detail. Take assignment help to get better grades!
Good will and duty - This is the concept of ethical law that should be be consider by organisation in order to perform business task in effective manner. The only virtue in that can be unqualified good is a goodwill. It has been analysed that no other virtue has this status as it is achieved by immoral ends. This theory focus on that the good will is unique that is essential for organisation.
Categorical imperative - Categorical imperative is the primary formulation which is derived though further formulation. In this model Kant has has made distinction in between the categorical as well as hypothetical imperatives.
PART 2:
As a leader it is essential for me to consider ethical practices so that I can perform organisational task in effective and efficient manner (Reinecke, Arnold, and Palazzo 2016). This is very helpful in enhancing the overall performance of organisation as well as lead to development of positive image in market area. A ethical leader always known what is the right manner of doing a thing as well as believe in providing right opportunities to each and every employee. As a leader I consider that it is my responsibility to set right and appropriate example for conducting ethical practices in organisation. In order to create and ethical organisation as well as enhancing culture of company I needs to set high standards of ethical behaviour. This will be helpful in establishing corporate culture as well as support ethical values. As an ethical manager of an ethical organisation I have to enhance the values of employees as well as company. For this I have to be responsible towards my work, accountable in order to complete task in effective and efficient manner. I am very honest for my work as well as trustworthy for my followers and employees. As an ethical leader I have moral compass in order to explore the environment as well as understand the what is wrong and right for organisation, employees as well as society.
Know more: Examples of Assignments
There are different ways that will help me in maintaining integrity and compliance in an ethical business environment (Javalgi and La Toya, 2018). It is very essential for an ethical manager to identify various ways though which company can maintain as well as keep positive organisational cultures. Ethical business practices will in meeting with the organisational goals as well as achievement of set targets. I have used various ways for maintaining the integrity as well as compliance for conducting business operations. It is essential to develop strategy which is as per customer requirement as well as able to to offer valuable products and services to customer. Ethical standards of organisation is developed for customer focus as well as committed to providing high value to customers. As a ethical manager it is my responsibility that company is selling and advertising products and services with truth. It is unethical practice of business when it is false advertising the products and services in order to attract customers as well as increase sales of organisation. Truth in selling will help in developing strong relationship with customers as well as loyalty from the customers. There are several characteristics which will help a leader to successful implement the business activities as well as ethical consideration in organisation. It is essential that a leader is always fair towards each and every employees. This is important in a leader is provide right and opportunities to employee irrespective to their gender, background and other factors (Osibanjo, Akinbode and Falola, 2018). As a leader it is important that I respect other and this will help in creating strong relationship with others. An ethical leader will always show respect to all of its members and consider their point of view. This will lead to provide value to its employees as they all will work in effective and efficient manner in order to achieve desired goals. As good leader will always focus on building and developing an effective team. Team work will lead to have a significant impact over the organization as well as lead to achievement of desired goals. It is important for an organisation to take decisions by considering ethical and moral values. This will help in taking better business decisions as well as achievement of desired objectives. Honesty of a leader will help in meeting with the expectation of customers and well as full filling society requirements. An organization which have strong workplace will be able to gain competitive advantage over other rival companies. It is essential that leader in analysing as well as evaluating all misconduct and unethical practices in organization. For correcting it and resolve organisational issues. Worried for how to get Cheap essay writing service ? Talk to our Experts Now!
CONCLUSION
From the above report it can be concluded that it is essential for an organisation to consider ethical practices in organisation. Business ethics play a crucial role in overall growth and development of organisation. An organisation should develop effective policies and rules as per business requirements in order to full fill corporate social responsibilities.
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