Question

Using examples to illustrate your answer, describe how the Moral Minimum perspective assists an organisation to achieve sustainability and accountability in their operations.

Answer 1

In the age of information, internet based applications and rapidly changing socioeconomic context across the globe, businesses should focus to do no intentional wrong , unethical practices and any other immoral conducts to globally connected stakeholders.

For example, The case of Huawei of China in which it was tracking the phone calls , activities of American personalities will come under unethical and intentional wrong. It is totally against the spirit of international business laws. It was a total failure of accountability of chinese corporation operating in USA.

Sustainability can be achieved if a business organization understands the importance of moral minimum and it avoids business associations with unethical business organizations. It should formulate a code of conduct in which employees and top level officials should be trained for achieving acceptable and accountable purposes. Stakeholders should ask to support such policies in which steps to protect our earth , environmental degradation etc. are highlighted .