Ethics Principles Trade [3]
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关键词:Ethics Principles Trade商业道德社会道德标准Business ethicsIntegration psychology
摘要:Business ethics are important in ensuring that the business sector serves the consumer well. This ensures that the business makes profit which is ‘ethically justified’ and at same time the consumers are satisfied.
They do not have a variety of products to choose from but are only forced to purchase only cotton products that are produced in the United States. You also find that most of the products which are made from cotton come from different varieties say from animal products say wool and leather. These products can be produced by other countries say in china. As a result, you find that the consumers are only restricted to purchase clothing which is made from U.K only. The consumers are denied the taste of other products which are also produced by other countries.
A good example in this case is the issue of fair-trade in china and U.K.More recently, in order to limit the economic impact of clothing’s which are produced in China, the global clothing industry has been locked in to a system of subsidies and quotas. This means that all those countries that recently produce clothing have been protected from a free market that would overwhelm them. So you find that these countries are protected from exporting cotton products to the United States. (Thomas, 1993).
Another area of concern in this case is the conditions of working by those people who work in these factories and firms. It is the labor market that we are specifically dealing with. What is this labor market? The labor market can be described as a place where there is actual exchange of labor. In the labor market there are some moral values that should be put into consideration if the market has to succeed.
The labor market has been one of the long term areas of conflict in the business world. Going down the
history, the labor market is recorded as having been a catalyst to some of the major changes that have taken place in the world. Remember the early struggle of the trade unions during the industrial revolution eras in Europe and the sugar plantation of America? These are some of the historical happening that depicts that there must be some basic rules that ought to be observed in the labor market.
It is obvious that these early struggles were not due to the satisfaction in the labor markets but rather due to the suffering the employees underwent through in their place of work. It was due to the breach of moral values and business ethics in handling of the employees. The relationship that exists between the employer and the employees is that of a superior and subordinate and hence there is a likelihood of breach of the rights of the subordinates. This is the reason why there is need for consideration of the rights of the employees in the work place. Moral values form an integral part of the relationship between the employer and the employee. (Thomas, 1993).
But it is the issue of wages that continue to draw mixed reaction and which is a cause of a long time struggle in the work place. A wage can be broadly defined as the compensation that someone receives in return for labor services offered. In the labor market this is the appropriate definition of wages. Which are the ethical issues surrounding wages in the work place?
The issue of wages has been dodged by controversy which leaves us with the question of what can be considered as the right wages. A right wage can be said to be a compensation for a service offered which equals the amount of effort that was used in the service. Going with the labor theories, employer has a moral duty of ensuring that they pay the employees a wage which is equal to their input in their services. An engineer will not
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