McDonald’s issue

http://www.brighthub.com/office/entrepreneurs/articles/115557.aspx

The business ethic indicates that each part of the whole society, include employees, suppliers and consumers and so on, should bond with each other and develop together. McDonald cooperated with lawmaker, and got an unfair legislation: pay teenage employees 20 percent less than federal minimum wages. This legislation satisfied their own selfish wants but harmful to society and workers. Also it doesn’t allow workers to join union, so employees are unable to protect their rights and negotiate for higher welfare. They just consider their profits, but ignore the welfare of workers.
In addition, McDonald sold unhealthy food, tortured animals, and destroyed the Amazon rain forest, all of these are violet to business ethic. Maybe they can get high profit from them in short-run, but for long-run development, as they destroy the company’s reputation then lost brand loyalty, they are unable to improve company because no one will be willing to buy their products. And they destroy the environment and explore resources without regulations, there are not enough resources can be used to produce and innovate in the future. So I suppose governments or public department should set some regulations to McDonald, like asking for better welfare for employees and increase the monitoring to improve the quality of their foods. So the business can develop in right direction and the each part of business can come together.

Prep homework of Class 3: Groundwater Issue

http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestlé-extracting-b-c-s-drinking-water-for-free-1.587568

From the article “‘Wild West’ of groundwater”, I think Nestlé violates the social responsibility of business because it does not consider the social welfare and benfit. In fact,Nestlé drawing water from Hope without measure, report and fees, so it is not a public and fair behaviour. Then they bottled and sell them back to the Hope with higher prices, which damage the benefit of consumers. Maybe the lack of groundwater regulations in B.C is a reason why Nestlé take water freely and don’t report the volume they take to government and public. They said they did more on recording the qulity of groundwater, but their reports are internal and not that voluntary like they said. In conclusion, Nestlé doesn’t excute social responsibility and business ethic successfully.
Turning to the position of Council, groundwater should be treated as public trust which can benefit all Canadians.  As for this concept, I think governments should play the essential role in achieving this goal. If companies keep withdrawing water in free, social fundation will be damaged. So in my opinion, the most efficient way to solve or improve it is increasing regulations, monitoring and reports by governments, for example, they can impose taxes to companies, or control the quantity they take. In addtion, governments can cooperate with drawing-water-companies to maximise the long-run profit as well as the socialwelfare. The whole society, include consumers, suppliers,emplyees, etc, should be combined and develop together.

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