Business Ethics
As I concerned, the companies should stay in Bangladesh.
Despite the companies know that low-cost production means cheap labor and “unqualified” factory condition, they still enjoy the low-cost production from Bangaladesh. So, when the fire accident happened, they should not get away from the factory and say “it’s none of my business” and blame the factory as onlookers. Instead, the companies should help the factory to get out of the dilemma of the accident and keep their partnership.
” Ethics is not the same as feelings. Feelings provide important information for our ethical choices. Some people have highly developed habits that make them feel bad when they do something wrong, but many people feel good even though they are doing something wrong. And often our feelings will tell us it is uncomfortable to do the right thing if it is hard.” – See more at: http://www.scu.edu/ethics/practicing/decision/framework.html#sthash.ilOqSexV.dpuf The companies chose to phase-out the manufacturing in Bangladash is because that they heard the blames from the society and they are afraid of being affected by the rumors which might inccurs the decreasing of their sales in the market. It is hard to keep the partnership with the factory but it is still their responsibility to save the factory, to save the labors.
What the retailors can do is to figure out a decent way to drag out the factory from the dilemma and help it rebuild and enhance the factory condition.
Refer to: http://www.scu.edu/r/ethics-center/ethicsblog/business-ethics-news/16120/DISNEY:-Should-Retailers-Cut-and-Run-from-Bangladesh?
Cover pic: www.southeasternbusiness.com