Business Ethics Responsibility And Sustainability Assignment
Introduction Of Business Ethics Responsibility And Sustainability
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Business Ethics refer to the process of working with the ethical way of business. Corporate Social responsibility and sustainability are the part of business ethics and it is essential for the growth of industry as well as country for future. This is essential for the development and growth of business in food industry (Jain, Leka and Zwetsloot, 2018). The food business is one of the biggest industries which work on the vast level, working in the process towards the society by developing the sustainability and corporate responsibility. Sustainability and the CSR are essential part of the business market in the food industry (Camilleri, 2017).
The report will provide the understanding of CSR and sustainability in the context of globalisation. It will also provide the key challenges of corporate social responsibility and sustainability. Further the report will explain the ethical and moral issues with their best practices.
Key Challenges of CSR and Sustainability
Corporate Social Responsibility
Corporate Social responsibility refers to the self-regulation and working on the contribution towards the society. It includes the charitable nature by the support of volunteers. Corporate social responsibility and sustainability are one of the ways in which the industry can enhance customer awareness and also develop attraction of customer towards the industry by providing them with better product and services.
The Demand of Transparency and Disclosure: The transparency of product quality and services offered in the market is one of the key challenges in the food industry's CSR.There are huge frauds in the business of food industry which the organization and industry need to look for. The fraud in the food product with chemical fertiliser and ingredients is huge. The food industry needs to work on the challenges like transparency so that the audience can trust and consume the product and services the companies in the industry are offering in market (Setó-Pamies and Papaoikonomou, 2020).
Pressure from Investors: One of the challenges the food industry face is from its investor in the business. The investor want quick profits and they work for the profit maximization. It is essential for the industry to understand this challenge by controlling the over power of investor in the decision of food industry and agriculture industry. Working on the challenges is to control the fraud and false working in agriculture and production of food items to gain fast profit by using chemical plants.
Care towards the environment: The corporate social responsibility challenge in the food industry is to provide the care towards the environment. It is essential for the industry to make sure that they are working by utilisation of resources from environment and controlling the waste which happens in the food industry. The agriculture control and the utilisation of the resources by using the waste product will be important role to make use of them in other services. To control the environment and providing the responsibility of using the right way of resources, the companies must not make any wastage of plants and food. Controlling the use of chemical is useful so that the food quality remains high in nutrition and better for the health of audience who consume them.
Connecting CSR to value chain and profitability: The process of food industry still works on large market. The CSR needs to be connected with the value chain so that the industry gets better outcomes of the CSR they working on.Value chain can help the food industry in developing a better performance in workplace which further can be utilised in development of corporate responsibility work.Connectivity with the value chain is the key challenges as the connectivity required investment in the value chain and the social responsibility is to enhance the value chain and provide the facilities to everyone. The profitability is to provide the investment in social responsibility and for that the connectivity to enhance sale is important for the business.
The industry is making it making the production of food on vast level and it is using different methods to produce the product and servicesoffer in market. There are different ways which are used to provide the finished product in food industry (Christensen, Hail and Leuz, 2019). The industry is making the use of technologies and also working on the finished product by cooking and offering. The food industry increased the pollution which needs to be controlled by the industry by using the baked process and also by changing the means of working in the food industry to control the pollution. The farming is also causing the pollution by burning of the waste plants and not giving to animals.
Effect of Technologies
Technologies are essential for the food industry as the trend is growing and the culture is changing. It is essential for the industry to make sure that they are working on the changewith use of technologies to control the sustainability. The technologies are one of the challenges in the industry because the utilisation of technologies to faster the manufacturing and cultivation of agriculture can harm the quality of food product and it is essential to keep the quality standards high and make sure nothing cause the issues with the health of the audience who consume those products (Wolff and et.al., 2020).
Working on the sustainable packaging to control the resources use and also making sure to provide the support to the society with this initiative. The packaging with go green concept can help the eco-sustainability in the business and this can help the food industry in controlling the cost minimisation (Virakuland Russ-Eft, 2019). The recycling of the product which can be used in the food industry by developing the packaging of the food and remain the eco-sustainable in the business. Developing these factors will help the industry in emerging the awareness about the society.
To remain sustainable, it is essential for the food industry to make sure that they are keeping the control over their waste management. The food industry is wide and the resources of plants are limited, for which the control on the waste are essential for the industry. Developing the process of control on the large scale is one of the key challenges for the food industry. Sustainability needs to preserve food product for which the control on waste and utilisation of waste needs to be developed (Burns, Houghton and Stewart, 2020).
Food safety evaluation
The evaluation of safety hazard is a challenge as working in the industry requires having good offering for the audience and food safety is vital for better health. The food safety provides the support in the development of better product a standard which does not harm the product and control the issues causing by bad food. The health factor is essential and preserving the food is important for the industry.
Analyse and explain the “Best Practices” in food industry within the ethical issues and moral issues
Ethical and Moral issues
The Best practices for the food industry to control the ethics and moral by developing the understanding for the industry product and its working. Creating the problems recognising and managing methods to improve better practises in order to improve performance
Sharing of information: One of the ethical challenges confronting the industry is the concealment of information to others, which can have an influence on the industry's or organizations overall success. Information and ingredients are two of the most essential aspects of the business that the organisation must keep under control so that information that will help them achieve greater outcomes does not leak. It is essential to provide the right information to the audience but on the other hand its essential for the business to does not provide all the ingredient in the market so that the competitors could take advantages.
Farm management: Working with the ethical ways to increase the control in the farming and the agriculture sector (Varzaru, Bocean and Nicolescu, 2021). The food industry takes the raw material from the agriculture business in which there are different processes of working which are sometimes illegal. For example, using chemicals and pesticides should be limited as it can damage the human health and for that, the farm management need to control the issues and work with ethical process and develop the moral of people to trust on the farms.
Use of Chemical: The use of chemical is essential in the food industry as the resources are limited and the consumption is high. The farmers and agriculturalists that work on the chemicals is manly focusing to increase the production to feed. The chemical prevents from the insects and other animals to damage the crop of the people which are raw material for the food industry. The best ethics is to provide the limited use of the chemical pesticides and not using it in too much off quantity. The use of chemical is necessary but to control and making sure that it does not cause harm to the health of the people is necessary for the ethical working in the food industry.
Safety of Food: The food safety is ethical issue and this is essential for the industry to make sure that they are working on the growth of this issue control. Working on the process of ethical way of working in the food industry must follow the safety standards. When the organization or businesses provide the services and product in market, they need to focus on giving the best quality product and also safety of food product. For this, they must be using resources efficiently in the business to use this in the future generation (Rendtorff, 2019). Safety of food and its resources are one of the ways to increase the moral and also utilising the food without wastage. There are different food products which are seasonal and need to be preserved so that it can be use later because these things provide good result in the financial term for the food industry.
Farm animal welfare: The unethical way of keeping the farm animals which is need to be controlled in the better ways. The treatment of the animal should be ethical. To achieve this there should be regular check-ups and working on the development of animal awareness so that no one harms the animal for the working process in agriculture or food. No harm to the animals just to enhance the food product range and also controlling the misuse of animals and providing the awareness of supporting animals to develop ethical process of working(Delgado and et.al., 2019).
Food Waste: To control the food waste the government should make some guidelines for the industry so that they do not waste the resources and stay in control to use the waste product into different services. There are ways to control the waste and use them in making different product for example developing the package bag etc. the waste product can be used in the different ways, and it should develop the increase of resources in workplace for them. Controlling the waste and keeping it into the preservation will be the best practice and using technologies to store the food product or raw stuff into the warehouse so that they can be used to product the product and services later in future.
Policies: One of the best practices is to put the policies on the food industry by the government to control the misuse of the resources and also to control the frauds in the industry. The best ethical approach is to work on the guidelines and making sure to enhance the working with the moral and ethics. The policies can help in developing better control and increasing the ethical approach of working in the food sector. The moral and ethics need to be developed and the frauds need to be controlled in the food industry (Larrán, Andrades and Herrera, 2018).
Recommendation for business
Consumer Appeal: To recommend it is essential for the business to work on the consumer appeal and also connect the consumer with the CSR projects to create a better awareness in the market. The food industry needs better CSR and sustainability by developing the consumer attraction and appeal into workplace. To manage the outcome and improve company performance, the organisation has to concentrate on developing a better growth plan. Consumer appeal aids in the development of better business concepts so that the food sector can learn how to enhance performance. Consumer appeal in the global market must be considered as the food industry works globally and it will help the organizations to develop better business in global market. There are different food items which are located in different places and it is essential for the consumer appeal to be considered by organization for which the preservation and control on the food sector is vital.
Ethical working: Ethical working in the food industry is vital as this can enhance the working of business with better result in market. The industry needs to develop a process of ethical working which help in growth of business with better results. It is to recommend that the industry need to develop an ethical working in the market to increase their expansion of working in the global market. Working for the growth in food industry and finding the right development of growth in business can provide the increase of result for the industry. For example, if the ethical working is done in one country than they can develop their business growth in other country by their way of working in business. This show how responsible they are towards the society by their CSR product and sustainability strategy to offer in new market.
Economic responsibility: To recommend working on the economic responsibility is essential for the food industry as this can help the country and economic stability better.The global market required good economic stability of the business and for that the industry need to work on their profits. This aids the industry in achieving better outcomes by delivering services in the market and providing superior company performance. Economic responsibility aids business and other organisations in the development of improved working conditions in industry. The food sector requires better resources and working conditions, as well as an ethical approach to work and the provision of CSR in the workplace.
Environment: To recommend the environment safety is essential for the food industry for their better future. If they provide the support towards the environment, it is beneficial for their own good in future as the resources need preservation and the environment need safety.The food industry's ability to function depends on the environment, as well as the management of resource waste and the provision of improved corporate responsibility to society. There are a variety of firms that are trying to give CSR to the community and to grow the industry's company by increasing better social responsibility.
Health and Safety programme: To recommend it is essential to work on the safety of the health and wellbeing. The audience ask for the limited things which include the safety and health betterment product. The food industry is directly connected with the audience and every individual. Working on the development of quality and standards of the food industry with their product and services is helpful. Working in the industry and offering any false products can be harmful to the life with danger of illness to the audience who consume those products. It is essential for the food industry to provide the best of product to keep the health and safety. It remains good with the health and safety, the regular check-ups of the quality of food and marked with the government tags of quality assurance to provide the valid proof of safety.
From the above report it can be concluded that working in the industry need to have good ethical consideration and also evolving better result for the business growth in market. The organization and industry need to understand the change and also work on the society purpose to develop the CSR in the workplace. The key challenges of the CSR and sustainability are essential for food industry to understand so that they can take right steps in the development of better strategy. This help them in getting better result by developing the understanding of the challenges they are facing in the food sector and the preservation of the food business need to be developed. The report further concluded that it is very essential for the industry of food working on the best practices of ethical and moral in food sector. This help in developing the overall growth in business for the organization and industry. The food industry needs more of responsibility and society working by developing the CSR and also with the sustainability in the workplace.
Books and Journals
Burns, C.J.M., Houghton, L. and Stewart, H., 2020. Sustainability–A key to Australian finance directors improving their organisation's CSR culture. Corporate Social Responsibility and Environmental Management, 27(2), pp.1164-1176.
Camilleri, M.A., 2017. Corporate sustainability and responsibility: creating value for business, society and the environment. Asian Journal of Sustainability and Social Responsibility, 2(1), pp.59-74.
Christensen, H.B., Hail, L. and Leuz, C., 2019. Adoption of CSR and sustainability reporting standards: Economic analysis and review. European Corporate Governance Institute-Finance Working Paper, (623).
Delgado and et.al., 2019. Ethics, responsibility and sustainability orientation among economics and management masters’ students. International Journal of Sustainability in Higher Education.
Jain, A., Leka, S. and Zwetsloot, G.I., 2018. Managing health, safety and well-being: Ethics, responsibility and sustainability. Springer.
Larrán, M., Andrades, J. and Herrera, J., 2018. An examination of attitudes and perceptions of Spanish business and accounting students toward corporate social responsibility and sustainability themes: Análisis de las actitudes y percepciones de los alumnosespañoles del ámbito de la empresa y la contabilidadfrente a la responsabilidad social y la sostenibilidad. Revista de Contabilidad-Spanish Accounting Review, 21(2), pp.196-205.
Rendtorff, J.D., 2019. Philosophy of management and sustainability: Rethinking business ethics and social responsibility in sustainable development. Emerald Group Publishing.
Setó-Pamies, D. and Papaoikonomou, E., 2020. Sustainable development goals: A powerful framework for embedding ethics, CSR, and sustainability in management education.
Varzaru, A.A., Bocean, C.G. and Nicolescu, M.M., 2021. Rethinking Corporate Responsibility and Sustainability in Light of Economic Performance. Sustainability 2021, 13, 2660.
Virakul, B. and Russ-Eft, D.F., 2019. A model for business responses to global challenges and sustainable development. Social Responsibility Journal.
Wolff and et.al., 2020. Transforming automotive companies into sustainability leaders: A concept for managing current challenges. Journal of Cleaner Production, 276, p.124179