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XL Foods Scorched For Lackluster Safety Procedures
Posted by: kylechan | October 4, 2012 | Leave a Comment
Recent news regarding E. coli traces found in Canada’s largest beef producer, XL Foods have been heightened after the Canadian Food Inspection Agency stated in a press release that the Albertan based meat packaging company did not properly follow certain safety procedures. This article brings up a very serious topic that is business ethics. As a corporation, the decision makers in XL Foods have decided to prioritize the interest of the stockholders as opposed to the consumers by taking shortcuts in their beef production factory. One could argue that it is morally incorrect for anyone to risk putting a consumer in harms way for the sole purpose of maximizing profit, yet it seems to be commonplace in today’s society. Companies such as Mattel and McDonald’s are some examples of reputable brands with reputably bad business ethics. One major concept relevant to the topic of business ethics is the idea of Value-Based Management. This is because decision makers in firms such as XL Food play an important role in the safety of the consumers by understanding their vulnerability.
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Payton, Laura. “XL Foods Didn’t Follow Some Safety Procedures, Agency Says.”CBCnews. CBC/Radio Canada, 03 Oct. 2012. Web. 04 Oct. 2012. <http://www.cbc.ca/news/business/story/2012/10/03/pol-gerry-ritz-agriculture-minister-xl-foods-beef-recall.html>.