Ethics Principles Trade [4]
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论文字数:2820论文编号:org201406051550338898语种:英语 English地区:中国价格:免费论文
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.
be expected to be paid the same amount of wage as a casual laborer. These are some of the segmentation in the labor market that we have to agree with. (Thomas, 1993).
But why is it that those who use more efforts in their work are paid less than those who use less effort? Why is it that supervisors who does nothing more than standing and giving orders will be paid more than casual laborers who use so much effort in their work? These are all ethical issues that surround the labor market and which may take along time to resolve. This arises from the scarcity of skilled labor in the market. (Jackson, 2001).
For the economic progress of any nation, there is need to ensure that the labor is paid in accordance to the living standard of people in that country. This is the bed rock issue that surrounds the controversy of the wage. Working all day and getting paid 2 dollar while the living standard of that nation will force you to use more than the two dollars a day amounts to exploitation of labor. A country cannot develop if its minimum wage doesn’t satisfy the existence of those working under it.
Many people have dismissed the issue of minimum wage in the labor market terming is as a socialist gimmick or government control of the labor market which is supposed to be free operating on the force of demand and supply. What moral responsibility do consumers in the UK have to purchase such products produced under unethical working conditions? These employees are the same people to buy such products and good working conditions should be imposed say good wages. It is out of the good wages that the consumers will be in a position to purchase these products. But if they are not well paid, then they can not buy such products but will instead go for cheap products. (Jackson, 2001).
Clothing is supposed to fulfill basic physical needs of the consumers such as shelter and warmth. If such basic needs are not fulfilled, then you find that the consumer is not satisfied with those products. Fashion in this case plays an important role in the world today. So, when compared to the other products, if the cotton product does not go with the fashion of the customers, then these consumers will in no way purchase those products. It is their right to choose the product they want when given a variety of products to purchase from. So in this case, it will be moral if the consumers don’t purchase that product if it does not meet the physical needs of the consumers. (Robert, 2001, pp 23).
Countries are supposed to benefit from fair-trade agreement. The fair-trade agreements since it was initiated to ensure that goods that are exported to the member countries are duty free, you find that U.K in this case does not go as per this agreement. It is due to this that the developing countries have been exploited since they are locked from exporting their products duty free. It is due to this that most of the infant industries at the developing countries have a slow growth and do not compete effectively with the industries at the U.K. As a result, the consumers in U.K are not ethically to purchase these goods since the other producer’s rights have been neglected. It is unethical to restrict producers from exporting products to that country.
So in this case, under business ethics, it is unethical for these consumers to purchase those products since the other producers have been denied their rights. Fair-trade cotton in U.K still makes up
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