Eating fast food is bad for health, right? How about eating fast food that’s made of expired meat?
In August 2014, a surveillance video recorded from the meat-production sites in China was released on the Internet. It demonstrated the factory’s processing of products such as nuggets out of expired meat, then the supplier would sell them to restaurant companies. In such a way, it could make enormous profits.
In the perspective of the meat manufacturer, would their business considered as a successful one? One might think that since there hasn’t had any medical issues regarding the meat, why not? It actually shows that a business in decline according to “Freeman’s Stakeholder Theory”. Consider the meat supplier, McDonald’s itself and its customers as a whole, any of the three’s benefits is neglected, the business would not be referred as a good one. Reported by the news article, although the meat supplier might have achieved the greatest profits, the ultimate outcome was completely opposite and destructive. It has in fact violated the regulations and harmed the benefits of McDonald’s and its consumers, specifically by processing, hiding and selling unqualified products. Those are the products that customers would never want, eventually, no one would pay for the business once the unconscionable business behaviour was released and put up in front of the scene. For a long term, the company would lose its reputation completely. Consequently, the business chain eventually breaks with lack of support from the customers.