Ethical Issues in Business Essay Example | Topics and Well Written Essays - 500 words - 1

Ethical Issues in Business - Essay Example The company Q seems to have three issues, first being the company’s closure of a few stores in the high crime rate areas, secondly the company sells organic products at a very high margin and thirdly the company refuses to donate the day-old products which are ultimately thrown away. The company has recently ceased operations in the high-crime rate areas due to losing money in those stores. The company adopted the policy of leaving the area where problem aroused rather making an effort to improve the situation. If the company had chosen to continue its operations it would have increased the security to deal with the losing money which would have some what affected the areas security too and might have lowered the crime rate. On the other hand by closing the store the company caused problems to the customers who might have relied on the store for easy shopping. The closure must have also impacted the overall revenues of the company. The company should have continued operating i n those areas and spent a little more on the security issues which will not only benefit the customers and the people of the locality but will also be profitable for the company. The company has recently started selling the much demanded healthy products. The company seems to take the advantage of the demand of these products and has offered very limited amount of products at very high margins. The company seems to look at its own profits and is exploiting the customers by selling the products at a very high price. This attitude is unethical and the company should sell these healthy products at competitive prices so that everyone can afford the health conscious food. By lowering prices and offering more products the company can increase its revenue and have more satisfied customers.