This assessment will cover the following questions:
- Identify the important stakeholders and the impact of them of the ethical issues.
- Thai Union is a Thailand based sea food producer. Provide the analysis of the organisation.
- Apply the ethical and behavioural theories to the case study.
- Generate the quality required for ethical leadership.
It is very important for a company to conduct its business operation by considering ethical practices. This is very helpful in develop as well as enhancing performance of organisation (Crane and et.al., 2019). This will lead to development of organisational image in market as ethical practices will help in overall development of society. Business ethics will lead to provide a way to organisation in which they can perform business activities in effective manner. The chosen company for this report is Thai Union. This report includes different ethical issues as well as role of business in society. In this impact of stakeholders has been identified. There are different ethical theories that will be applied in respective case. Apart from this different qualities of leader has been identified in order to develop an ethical organisation.
Number of factors including the case
Environmental damage: This is said to be one of the crucial factor, which consists with different elements and these could be anything from habitat destruction, the extinction of wildlife and so on. These effectively considered as elements that impacted upon environment and raised degradation related situation in regards water species. If it is talked about the case study that has been given within the assignment, there are 35 canned tuna companies that are operating within the Pacific Ocean and are also consists with an appropriate response to workers rights. Here, somewhere somehow all the business organisations has breached the different governmental policies, which were developed. In the same way, Thai Union company was also got affected due to the same reasons.
Slavery: Another crucial factor, where migrant workers within the company i.e. Thai Union is particularly was trying to resolve the issues in relation to abuse due to lack of official documentation, language barriers, diminished safety nets, reduced bargaining power and so on. This led organisation to deal with high turnover employment ratio and so on.
Human trafficking: This is also being considered as one of the crucial factor which was specifically dealt with forced labour where traffickers where organisation i.e. Thai Union was also obliged with the same. Along with this, situation also raised problems in regards to different number of issues faced by Thai Union.
Company be looking at this issue from the perspective of ethics
If it is talked about any business organisation performing in a particular sector or in any other sector, there are number of factors that are linked with ethical aspects. Here, considering the case in relation to tuna spam, where around 35 big companies were involved, it was pretty much required to focus on different slavery related policies and develop various tuna supply chains management related programmes. Due to this, company i.e. Thai Union would not have gone through or face different legal obligations that society has applied on it. Here, it was necessary for the company to look into ethics related aspects so that right amount of modifications could be managed and made. Through this, all the legal aspects were specifically needed to be managed so that different goals and objectives can effectively be attained in specified time frame. Here, in order to prevent the company from all the issues, Thai Union took a decision in related to MSI engagement, where firm started sharing the information from one to another.
This issue will lead to have negative impact on organisation as this will directly impact over the performance as well as sales of company. Unethical practises conducted by respective company will lead to affect the negative influence over the public image. This will lead to promote the negative publicity of organisation and affect the overall sales of organisation. This company will not be able to gain trust from its employees as well as customers. Protection of employees against the slavery will lead to have impact over the performance of employees as they will not be able to work in effective and efficient manner. It is very important for Thai Union organisation to follow all rules and regulation which is set by government. By following the all rules and polices company will be able to meet with the requirement of customers. By considering ethical practices respective company will be able to meet with the requirements of customers. It is essential to company is performing corporate social responsibilities in order to develop positive image of company. Thai Union has developed a separate policies which are not that not only required suppliers to prohibit the force or compulsory labour. Business play a crucial role in society as it leads to distribute product and services as per need and want of customers. There are different ways though which respective company will be able to provide benefits to society as well as play a crucial positive role in organisation. It is essential that company is considering human rights while performing task of organisation (Pearson, 2017). This company needs to consider moral values while take business decisions. Thai Union organisation has develop public commitment to respect human rights that is helpful in addressing the modern slavery as well as applies throughout the supply chain of org