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Business Ethics Presentation
Business Ethics Presentation
Business Ethics Presentation
CHOCOLATE
INDUSTRY
GROUP MEMBERS:
UZAIR 20191-26536
SAEED 20201-28777
INTRODUCTION
Modern right based ethics where every one is entitled to rights which are natural and
conventional. Here they are not giving those children their right as by kidnapping them and using
them as slaves.
Ethical egoism where they are just pursing their own interest rather than other so by using kids as
slaves to cut their cost and increase profits.
Adam Smith, the father of capitalism would here argue his concept of the Invisible hand by stating that in a free market
economy where profit seeking is the top priority will ultimately benefit society thus in this case, the chocolate industries are
ultimately fulfilling the sweet cravings of the society through selling chocolates.
Unethical Activities & Business Ethics Theories
Deontological ethical theorist would argue as he is against the concept of “ends justifying the means” and would analyze the
action in itself rather than the consequence and would say “treat other people as ends in themselves, never as means to an
end” similar to how the chocolate industries were treating the child slaves as means to an end.
CSR types
They were following the economic where reducing cost to increase their profits.
They were not following the legal one where they had to comply with the rules of the good corporate governance.
Voluntarily they were not giving something to society, they were taking from it.
Ethically they did know it was wrong to buy from where slavery is being conducted still they did it.
Core Operation
When confronted with this issue corporate representatives denied all
rumors of child labor and trafficking but the investigations of the
filmmakers brought to light the continued widespread use of
trafficked child slaves on cocoa plantations.
F.E.P. has created a list with vegan chocolates that we do and do not recommend based on the sourcing of the cocoa. Other
than a few exceptions (which are explained), we encourage people not to purchase chocolate that is sourced from Western
Africa.
Government should make awareness campaigns where famers who should know about the earnings of these factories who
are buying beans from them at a cheaper price and child slavery is not a ethical way to reduce their cost.
Government should also help farmers understand new innovative ways to produce beans using technology.
Government should penalize these CMA firms and give that money to those children who were kept as slaves.
THANK YOU!