Question

Ethical, Social and Environmental (ESE) Issues in the Food Industry The food industry in Canada has...

Ethical, Social and Environmental (ESE) Issues in the Food Industry

The food industry in Canada has illustrated a huge variety of ESE issues. Research a domestic company that has had issues in any of the 3 areas (Ethical, Social or Environmental) and comment on the three questions below in relation to this issue.
• What ethics are involved?
• How does business respond?
• What responsibilities does the business have?

Homework Answers

Answer #1

ANS,1. Ethics is not always black and white.The ethical decision is not always obvious to all. Even leaders can fail to act ethically all the time.Trust wortth companies are better at attracting and keeping custemers,talent employeesand capital. Acting ethically in business means more than simply obeying applicable laws and regulatios. ANS,2. To increase the value of owners investment through profitable operations.to provide owners and other stake holders with accurate,reliable,financial information to safeguard the companies assets,and to handle its funds in .a trustworthy manner ANS,3. Business responsibility refers to the approach that an organization taking balancing its responsibilities toward different stakeholders ( owners,employees,customers and the communities in which they conduct business) when making legal, economic,ethical, and social decision.

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