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Ethical Issues in Organised Retail Sector
Ethical Issues in Organised Retail Sector
RETAIL
SECTOR
YEDHU KRISHNAN K
Introduction-
ORGANIZED RETAIL
. The Organized retail sector is regulated by the
government and the employment terms and
working hours per day in this sector are fixed.
Example- D Mart , Big Bazar
2
Advantages of organized retail
BENEFITS FOR COSTOMERS
a major advantage for customers is that these retail formats have huge discounts which unorganized retail
formats may not be able to provide.
MINIMIZATION OF RISKS
Another advantage of organized retailing is that there are multiple stores present and this reduces
the distribution cost. This also minimizes the risks associated and the possibility of losses is reduced.
EMPLOYMENT OPPURTUNITIES
Right from Cashier to store manager people from various backgrounds can apply in a retail store without
age restriction and get employed and start earning daily wages have the employment opportunities increase
more and more people get employed and this results in the betterment of the economy overall.
9/3/20XX Presentation Title 3
ETHICAL ISSUES IN OR
1. Harassment and Discrimination in the Workplace
Harassment can come in the form of verbal abuse, teasing, racial slurs, or bullying. Harassment can
come from anyone in the company, as well as from customers. In particular, it is an ethical issue for
the business if a supervisor is aware of harassment from a client and takes no action to prevent it.
2. Health and Safety in the Workplace
. The health of the employees are sometimes given less importance than the sales target and profit.
This leads to poor health conditions in workers of retail sector. Giving proper and safe working
environment is necessary for avoiding health issues.
7. Corporate Espionage
The opposite to the above can also happen: workers can misuse company data.
An employee may steal intellectual property or provide a competitor with
information about a client. Usually, this is for monetary purposes, but it can also
help an employee secure a position at another firm.
A company needs its employees to accurately and effectively complete their job duties in
order to be successful. While a company’s product or service may be vital for everyday life,
the company will not be successful if cannot depend on its employees to ethically complete
their job. The importance of ethics to a successful business is invaluable. Financially, the
cost of doing business ethically can be more expensive than taking short-cuts for short-term
profit; but in the end the long-term the company will be more profitable and sustainable.