Unbeknownst to a majority of British Columbians, a corporation most citizens are familiar with is taking advantage of a law created one hundred years ago. Nestle, a water bottle company is getting one of their main resources needed for production, free. They have been and continue to take water from different areas within BC at zero cost. “How is this possible?” a question which comes to mind immediately. It seems like nothing is free these days. In all seriousness, it’s no secret resources are scarce, therefore, why is there no limit or price put in place to regulate the usage. Provinces like Ontario have since been charging Nestle for the water they extract. The argument could be made that what Nestle is doing is unethical in the sense that they are exploiting laws passed in 1909 which do not protect the water in BC. From Nestlé’s point of view, finding loopholes like this allows them to maximize profits, a fundamental in business. As Freeman explained, regulations will eventually be put in place in situations similar to this, thus categorizing Nestle as a “business that is likely to decline”. Will Nestle be able to adapt by finding perhaps more ethical ways to yield the same profits?
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