Business ethics

Business ethics is not only the foundation of a company but also an essential factor that can influence the market environment. Let’s have a look on the Husi events in July 2014. On July 20th 2014, Shanghai Husi Food Company, the branch company of OSI Group in China, was reported that produced and sold expired meat products. After the news came out, not only Husi Food Company were questioned by public, but also those companies that purchased products from Husi such as KFC, McDonald’s and other world famous fast food chains. This event shows that it’s the company’s responsibility to have the basic business ethics, and complying with the business ethics can guarantee a company to survival longer in the crucial environment. Moreover, the Husi events also tell us that an action execute by one company which ignores the business ethics will affect other company as well. In conclusion, business ethics is something that a company should definitely value.