Caravelle House, Buteko Avenue, Ndola
ASSIGNMENT COVER SHEET
Student ID:1200407 |
Student Name: Howard Mulamba |
Course Code: MGT401 |
Course Title: Business and Personal Ethics |
Instructor Name: Dr. B. Sichone |
Essay/Assignment Title: Unethical Business Practices and Solutions to Unethical Practices |
Due Date: |
Declaration:I understand that by completing this form I am bound by the following:To the best of my knowledge and belief no part of this assignment for the above subject has been copied from any other student’s work or from any other source except where due acknowledgement is made in the text, or has ...view middle of the document...
Business ethics are moral principles that guide the way business behaves. The principles that determine ones actions as an individual also apply to business (Business Case Studies, 2015). Acting in a way that is termed ethical is concern with one distinguishing what is either wrong or right, and then making a decision that he or she feels is right. It is relatively easy to identify unethical business practices, for instance the use of child labor in organization, unlawful use of copyrighted material or engaging in bribery is clearly unethical.
However it is not always an easy task to create hard and similar definitions of good ethical practices in an organization. Every company that is profit-making business, is expected to make a competitive return for shareholders and treat its employees fairly. An organization is also supposed to minimize any harm to the environment and work in ways that do not damage the communities in which it operates, this is referred to as corporate social responsibility.
Situation in an Organization
The organization to be discussed is a mining company, which mines various minerals, ranging from coal, silver, copper and gold. This mine operates near a residential area, and how they the neglect the release of toxic fumes from the processing of minerals and unlawful disposal of waste, which affects the health of the residents of this community. Despite knowing the effects of the fumes on the people from the community, the managers pay no attention to the matter and are more focused on making a profit rather than the well-being of residents.
In as much as this mine has provided employment to most of the locals of the community, it's unethical way of conducting its business procedures has negative effects on both the environment and the people who live in that area.
Causes of Negative Impacts on the Environment
Commercial mining today is industrial in scale, and it usually involves the blasting, crushing and dumping of acres of land for one mine (Boulanger., A. & Gorman., A., 2004). The factors that lead to negative effects that lead to damaging the environment due to mining procedures include the following:
* Modern Mining Technology and Techniques: These technologies and techniques include the blasting of enormous open pits in the ground, applying massive quantities of toxic chemicals and heating metals to very high temperatures which leads to the emission of toxic fumes which cause harmful air pollution.
* Dangers inherent in the metals themselves: Metals such as uranium and lead, are commonly known for the hazardous effects they have on human health. The massive earth-moving involved in most modern mines can also release harmful constituents in addition to the desired minerals.
* Human Error: These may be truck accidents, train derailments, ruptured containment liners and poorly managed mountains of waste, which always result in environmental damage or threat to human health.
* Air and water...