Unit 37 - Understanding Business Ethics P3 M2
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Know the social implication of business ethics
P3 describe the social implication of business ethics facing a selected business in its different areas of activity.
M2 assess the social implication of business ethics facin...
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Unit 37 - Understanding Business Ethics
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UNIT 37
P3-M2
ABDULALAH AL-JOBORE
Abdulalah Al-Jobore
,ASSIGNMENT 2
Aims
• Understand the social and community implication of businesses acting
ethically
Abdulalah Al-Jobore
,P3 OBJECTIVES
• Know the social implication of business ethics
• P3 describe the social implication of business ethics facing a
selected business in its diferent areas of activity.
• M2 – assess the social implication of business ethics facing a
selected business in its diferent areas of activity.
Abdulalah Al-Jobore
,INTRODUCTION
I'm an online journalist working for the Ethical
Consumer magazine (www.ethicalconsuemr.org), wh
have been asked to produce a portfolio of evidence f
the government website to explain the main factors
that The Body Shop need to be aware of with regard
their ethical behaviour. Therefore, I will be describing
and assessing the social implications of business eth
facing The Body Shop its diferent areas of activity.
Abdulalah Al-Jobore
,THE SOCIAL IMPLICATIONS OF
BUSINESS ETHICS
The social impactions are these activities of a business that can afect the
whole society, therefore The Body Shop will have aa few areas of activity
can have some social implications on the sociality, and these include:
• Ethics in Finance
• Ethics in human resources management
• Ethics in productions
• Ethics in sales and marketing
• Ethics in intellectual property
Abdulalah Al-Jobore
, ETHICS IN FINANCE
The fnancial department of The Body Shop will deal the fnancial records ,transactions and paym
of the business. Manny diferent kind of unethical behaviours might occur during these fnancial
activities, however, the government has set up some regulation and laws to make sure that the et
behaviours/practices are monitored. For example, the fnancial advice services have been increasi
regulated by the UK government over the past years in order to make sure that the people have th
right and appropriate fnancial advise. In addition, they set many laws and regulations to limit the
unethical behaviours such bribery regulations by fning these people involved with high fnes.
Bribery
Bribery is the unethical behaviour of taking or getting something with the intention to g
unfair advantages over other individuals. Therefore, it is a form of corruption though th
of money which helps to persuade to people to do something for some kind of infuence
action in return. The Body Shop is not involved in any kind of bribery since the corrupti
against their values and beliefs, however, The Body Shop will make sure that they are n
ofer or take any bribes for to gain any advantages over other as they are following the
founder’s vision that the business should be for good.
Abdulalah Al-Jobore
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