Issues of the business?
In the summer of McDonald's supplied polystyrene cups, a product they went away from in due to shareholder pressure for environmental reasons, to several of their restaurants in Chicago only. The cups have not been put back into use at McDonald's in any other city than Chicago, so the issue is minor but could expand.
Polystyrene material is styrofoam, and is mainly used for McDonald's tea cups at their restaurants. McDonald's deserves credit for its many diverse efforts to help promote a better effort to help the environment, however a blatant error that is not corrected immediately is an ethical concern.
The redistribution of a environmentally unfriendly cup, also known as Styrofoam cups, sent a slight shock wave through shareholders who expected progression from the large restaurant chain.
The cup itself is made of polystyrene and it is hard to recycle or even destroy this product totally. This of course has an adverse impact on the environment because it has a slow natural decay, leading it to join the many other trash items being buried in dumps or the ocean.
Cancer has been linked to constant usage of this material, hence part of the reason that it was banned in some cities. The sights of trash piling up, reading about global warming and the risk for a serious disease is disheartening. Any action by a company that results in a negative effect on stakeholders will be considered unethical by most groups.
The use of polystyrene can be traced to its cost savings compared to other recyclable plastics or paper products. As the richest fast food restaurant in the world and a trend setter their actions can possibly have an impact Business ethics of mcdonalds the choices of other fast food restaurants, or perhaps they lose consumers who do not agree with the message they send by taking a step backwards.
Honesty is an important integrity to consumers and business.
Honesty is highly important in ethics and by showing dishonesty to stakeholders they have acted unethically.
The dumps and landfills across the Earth are already filled in many areas and it is a constant chore to deal with the massive amount of trash, contributing to that with a cup that has great difficulty decaying naturally is a risk to human happiness. The styrofoam cup in question.
McDonald's faces backlash from the shareholders by seeming taking a step back in their efforts to be more environmentally friendly. By either purchasing or not purchasing these cups it impacts suppliers who would profit from the business, and also has the opposite effect for suppliers that provide different material cups.
Instead of sticking with standard plastic products they went back to polystyrene, which is cheaper to make and more durable. It is a win-win for supplier and consumer at first, but the long-term impact of that product has a negative impact on the environment.
In the eyes of an Individualist the outside impacts are irrelevant, it does not matter what happens unless it falls outside of the law. The cost savings gives McDonald's the most immediate and effective benefit, whereas using plastic products or paper which better benefits the environment would cost them more money.
As noted in the Ethics Controversy Case the savings are immense and could be in the ballpark of seventy-five percent.
Even if the savings were only two percent and the environment in jeopardy it would not matter. That is an impressive number, however it does not cover the other ninety-nine percent meaning, "the greatest good for the greatest number," has not been satisfied.
As society evolves and our impact on the environment is felt look no further than Hong Kong, China the pressure is added to companies to be more environmentally friendly.
Companies are gaining more and more responsibility for the environment due to their large amount of assets. Even still many will skirt trying to put too much into public appeal, especially if it takes away from profits.
A utilitarian would not see the sacrifice to save themselves money as just and would disagree with their methods.
Kantianism focuses on the benefits of each individual as a whole, where if one person is being mistreated the process is wrong. Equality amongst all is paramount.
On page 2 of Kantian Business Ethics it states, "The Kantian approach to business ethics, like Kantian ethics in general, emphasizes acting with respect toward all autonomous beings. It claims that we all have duties toward one another that depend on our relationships with one another, the most basic and all-pervasive relationship between persons being that of a fellow member of humanity.
By respecting nature humans respect one another. By purchasing and using a product that is environmentally unfriendly McDonald's has betrayed the everyone. As the German philosopher Immanual Kant stated in his formula of humanity, "Act in such a way that you treat humanity, whether in your own person or in any other person, always at the same time as an end, never merely as a means.
McDonald's is not required by law to provide ethical support of the community, they should still feel that pull to do so.
By using a cup that contributes to an environmental issue they treat humans not differently than the non-sentient ground or water the trash is buried in. All humans should be treated as the free thinkers and so should the earth, which harbors much autonomous life that deserves its fair shake at living cleanly.
A Kantian would not agree with their methods. Images of products and how long their estimated decomposition time is styrofoam bottom left; 50 years. The ethical rule of Virtue Theory according to The Case Manual, "Act so as to embody a variety of virtuous or good character traits and so as to avoid vicious or bad character traits.business ethics challenge Students consider the various aspects of running a business and consider how it can contribute to the local community.
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“McDonalds” likewise keeps up higher “business ethics” and accordingly perform its commerce with high moral guidelines (Colin & Lovell, ). The corporation directs its commerce through high sincerity, authenticity and decency for each of its regulars and dealers.
Business ethics is the application of ethical values to business behaviour. Business ethics is relevant both to the conduct of individuals and to the conduct of the organisation as a whole. It applies to any and all aspects of business conduct, from boardroom strategies and how companies treat their employees and suppliers to sales techniques.
Title: Business Ethics and Corporate Responsibility: words. This assignment requires you to undertake an analysis of one case study organisation i.e.
McDonalds (Fast Food) Summary. McDonalds also maintains high business ethics and thus conducts its business with high ethical standards (Fisher and Lovell, p). The company conducts its business with high integrity, honesty and fairness for all its customers and suppliers.
THE STAnDARDS OF BuSInESS COnDuCT These Standards of Business Conduct are a guide to the ethical and legal responsibilities we share as members of the McDonald’s family. This is not a complete rulebook that addresses every ethical issue that might arise. It is not a summary of all laws and policies that apply to McDonald’s business.