Business ethics should be every company’s responsibility to sustain. However, when I read about the tragedy happened in Bangladesh factory through Rita’s blog, I started to doubt that if leaders of companies still care about that.

Despite the fact that it is the factory owners to blame for this tragedy, there are still not enough funds to help survivors to rebuild lives. Nevertheless, Bangladeshi workers feared that the Western retailers would not continue trading with them. So who should be responsible for these vulnerable workers?

On the other hand, would company like Western retailers actually gain profit in a long term? The answer is definitely no. Business ethics are the fundamental sector of a company because it can develop customer and employee loyalty. No one would like to work for and purchase goods from a company without ethics.

According to Kelly Services Survey statistics, which “interviewed around 100,000 people in 34 countries, 88 percent of respondents are more likely to work for a company that is considered ethically and socially responsible.” In conclusion, companies should not neglect the importance of business ethics for short-term benefit. To gain the trust of customers, they should actually do something good.

Comment on Rita’s blog: https://blogs.ubc.ca/rita2275/2014/09/10/business-ethics-and-responsibility/

Work Cited: http://www.isbe.org.uk/EthicsFactsandFigures