The Role of Ethics in Business Operations
Luu, Pham (2016)
Luu, Pham
Laurea-ammattikorkeakoulu
2016
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201605168006
https://urn.fi/URN:NBN:fi:amk-201605168006
Tiivistelmä
The final goal of any business is to gain profits, however pro-profits businesses have been known to commit unethical practices to increase their income. The research shows a deeper look into what is business ethics and how does it affect a business venture.
This research first looks into the definition of ethics, business ethics and the psychology, the reason behind why human was introduced with the concept. Consequences of unethical business acts were mentioned to show how negatively it affects the business and the surrounding society.
The author chose CosmEthics as a case study for the research for its special business: CosmEthics reveals the unwanted, harmful chemical substances that cosmetics manufacturers use for their production. CosmEthics is an ethical-based company and its operating process proves the improper sides of the cosmetics industry. With the SWOT analysis, the author takes a deeper looking into how the company, as a start-up, faces its challenges, receives supports and opportunities.
The research was carried out using a qualitative method, focusing on the B2B side of business ethics. Using the semi structured interviewing method, the author was introduced with different point of view from business managers-the target interviewees of the research. The findings of the research highlight the importance of business ethics and other factors that influences the managers’ decision making process
This research first looks into the definition of ethics, business ethics and the psychology, the reason behind why human was introduced with the concept. Consequences of unethical business acts were mentioned to show how negatively it affects the business and the surrounding society.
The author chose CosmEthics as a case study for the research for its special business: CosmEthics reveals the unwanted, harmful chemical substances that cosmetics manufacturers use for their production. CosmEthics is an ethical-based company and its operating process proves the improper sides of the cosmetics industry. With the SWOT analysis, the author takes a deeper looking into how the company, as a start-up, faces its challenges, receives supports and opportunities.
The research was carried out using a qualitative method, focusing on the B2B side of business ethics. Using the semi structured interviewing method, the author was introduced with different point of view from business managers-the target interviewees of the research. The findings of the research highlight the importance of business ethics and other factors that influences the managers’ decision making process