Business ethics- food fraud
We daily consume foods. Foods sometimes beyond the meaning of basic consumption. We find eating entertainment. We can find many businesses provide us beverages, foods, snacks, etc. But how do you feel if you find that the business provided you wrong information in order to monetize? Shockingly, it’s happening all over the world in the food industries.
ALW Food group is the company located in Germany which supplies and producing honey to all over the world. But this company fooled customers and partners by telling the wrong place origin which is originally China. This is the way to reduce the cost for producing honey and the low cost could enable them to take competitive advantage. Every company wants to minimize their cost of production and materials in order to generate more profits or reduce the price of products in order to get competitive advantage compared to the competitors. But is this right things to do? If they didn’t illegally import honeys from China they have to pay 3 times higher. But fooling consumers and partners are absolutely unethical behavior. Even though, businesses primitive purpose is generating profits, but their activities should be ruled ethically.
Reference
Berfield, Susan. “Largest Food Fraud in U.S. History.” Business Week. N.p., 19 Sept. 2013. Web. 2nd Oct. 2013.