BUSINESS ETHICS QUESTION: Business Codes of Ethics: Much Ado About Nothing, or t

Question

BUSINESS ETHICS QUESTION: Business Codes of Ethics: Much Ado About Nothing, or the Real Deal “Starbucks Code of Behavior” discusses the approaches and provisions this company has utilized in its attempts to establish a credible ethical environment. There seems to be a divergence of opinion on the value or lack thereof of a business code of ethics. Some have argued that business codes of ethics have little value or utility and are merely for public show and consumption. According to these proponents, corporations merely pay lip service to their codes of ethics. On the other hand, it has been argued that business codes of ethics are an essential and vital part of the ethical fabric of corporations. Using the aforementioned article as a starting point, what is your perspective on the value or lack thereof of a business code of ethics? Do you think such a code is merely for public show and consumption? Do you think a corporation simply pays lip service to its code of ethics? Why do you feel this way?

Explanation / Answer

Starbucks code of ethics is not merely for public show and consumption and it does not simply pays lip service to its code of ethics. Rather the company has inbuilt its code of ethos in each employee’s heart where each member of the company serve from their heart. It is their inner happiness to keep customers happy. And for this the company rewards its employees extremely well. There is a passion about ethically sourcing the finest coffee beans, roasting them with great care, and improving the lives of people who grow them. There is deep care of everyone here which cannot be shown in reports but can be gained through experiencing a coffee there. The company embraces diversity to create a place where everyone can be themselves. They always treat each other with respect and dignity. The work is about human connection which is about enjoyment at the speed of life. It is a socially responsible company which takes care of neighbors also. Success in such a way would reward shareholders also thus catering to their needs also.

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