Mcdonald s Ethical Principles And Ethical Issues - 912 Words

The McDonalds is one of the largest international fast-food chains that distributes their products in more than 119 countries across the globe. It is increasingly became common that such a big enterprises, as McDonalds most often faces moral or ethical issues that leads to many disputes between people within the company and outside of it. Nevertheless, McDonald’s business ethics represents a set of rules based on moral behaviour. In other words, â€Å"†¦ethics that examine ethical principles and moral or ethical problems that arise in a business environment† (Ethics of McDonalds, 2015). Today, one of the most controversial ethnical topics that is accompany McDonalds Company is minimum wage issue that raised protests in the USA in spring of this year (Wee, 2015). 2.1 Why should the company use Utilitarian approach? Nowadays, most companies are concentrated on their own benefits and McDonalds is not an exception. The main aim of the company is generate profit and try to spend, as little, as possible on other things that can happened. Thus, one can say that at this point McDonalds is following an Egoism theory of ethics that assumes a full concentration on self-interest and is a basic component of capitalist economy. McDonalds has a slogan: â€Å"We do it all for you†, while (Kirkpatrick, 2007) affirms that it is a lie and McDonalds does it all for McDonalds. Consequently, to change the current situation McDonalds should probably follow another approach, such as Utilitarianism.Show MoreRelatedCase Studies : What Ethical Principles Are Involved? Essay950 Words   |  4 Pagesnurses and personal support workers. 1. What ethical principles are involved? Explain. (3=3/4 page) McDonald and McIntyre (2014) explain there are four ethical principles, and all of them are involved in the case scenario. Because the primary physician assumed that the client did not have the capability to make rational decision in regard to his own DNR status, the physician disregarded this patient’s autonomy (Laurentian University, n.d; McDonald McIntyre, 2014). On the other hand, if theRead More The Concept of Corporate Social Responsibility Essays1687 Words   |  7 Pagesterm CSR refers to a company?s obligation to maximize its positive impact on society, accommodating changing social, market stakeholder pressures in an effort to achieve sustainable economic, social environmental development throughout its operations and activities. CSR puts expectations, continuous improvement innovation at the heart of business strategies and the four dimensions of social responsibility are generally considered to be economic, legal, ethical philanthropic. ApproachesRead MoreMarketing Ethical Behavior And Government Regulation1128 Words   |  5 PagesMarketing is the seven p’s which are price, product, place, packaging, promotion, people and positioning in a business. In marketing ethical behaviour refers to business conduct that goes beyond the legal requirements. It is important as it can lead to significant opportunities for the business and in marketing which can assist them in attracting new customers and investors. It can involve truth, accuracy and good taste in advertising and products that may damage health. In addition government regulationRead MoreEthical Issues Of Marketing Field Of Australia1450 Words   |  6 PagesEthical Issues in Marketing Field of Australia Introduction: Ethics is the principle of differentiating between right and wrong. In business and marketing process, a number of ethical issues are involved that may have a positive or negative impact on the company. The term Ethical marketing is not only a marketing strategy but also a philosophy. It encourages a company representative to be honest, fair, and responsible in all advertising. It also includes communication skill, leadership skill, teamworkRead MoreImproving Ethical Behavior Is An Important Area Where Better Understanding Of Organization Behavior817 Words   |  4 Pages Improving ethical behavior is an important area where better understanding of organization behavior helps managers to train employees and tackle the ethical implications well. In an organizational world characterized by cutbacks, expectations of increasing productivity, and tough competition, it’s not surprising many employees feel pressured to cut corners, break rules, and engage in other que stionable practices. Increasingly they face ethical dilemmas and ethical choices, in which they are requiredRead MoreThe Pyramid Of Corporate Social Responsibility1262 Words   |  6 Pagesbusiness in accordance with the intent to follow all the company guidelines. In fact, this would allow the organization to make as much money as possible while maintain the basic rules of society, both of the embodied of the law and those of the ethical custom. In today’s business world any corporations who spend shareholder’s money if they invested any money in their company would be face with penalties and charges. Shareholders don’t have money in the organization, they just invest their moneyRead MoreThe Three Major Factors Fueling International Technological Growth1271 Words   |  6 Pageslegal and regulatory guidance are needed to address the issues that have arisen with the use of e-commerce. Stead and Gilbert (2001) identified several corporate social responsibility issues to help address unethical practices, the call for increased on-line consumer protection, cyberspace theft, content governance, spam, and intellectual property rights (Stead Gilbert, 2001). CSR Issues Relating to International Technology Growth CSR issues relating to international technology growth are legalRead More12 Ethical Principles For Business Managers1410 Words   |  6 Pagesstandard of moral and ethical practices, these companies are not guaranteed to be successful. Michael Josephson, the president and CEO of Josephson Institute has an article titled â€Å"12 Ethical Principles for Business Executives†, in which he talks about the twelve principles of ethics and how important it is to follow these principles. The article defines ethical principles as: Ethical principles are universal standards of right and wrong prescribing the kind of behavior an ethical company or personRead MoreChild Euthanasia in Belguim779 Words   |  3 Pageslives are worth less than others and because it may not always be in the person’s best interest. (BBC) The issue is especially controversial in children because their autonomy is questionable. I will argue that extending euthanasia to children is ethically wrong because these individuals are not autonomous and the act of child euthanasia violates the principle of non-maleficence. (McDonald-Gibson 1) Children, along with elders with dementia, people with severe disabilities, and those in an unconsciousRead MoreEthics : An Ethically Transformed Organizations3398 Words   |  14 Pages(James 4:17 English Standard Version). Ethical business procedures include guaranteeing that the main legality is in place. Also, the company observes moral standards in its relationships with the people in its business community, which includes the most important people in their business, who are the customers. This report will discuss ethics in business, ethically transformed organizations; organizations preparation to make ethical decisions, ethical danger signs, and organizations that does