Business Ethics Supply Chain Accountability

Question: Discuss about the Business Ethics for Supply Chain Accountability. Answer: Introduction: According to Goodpaster view, the term strategic stakeholder analysis is meant to have occurred when some of the stakeholders are mainly affected by a decision as well as the duration of influence which is taken down to account. By this, the analysis tends to have been done by either being acted on rarely through the informational purposes, Weiss (2014). In this way, Goodpaster meant that if the stakeholder's theory is to take seriously to the responsibilities in the corporation. He gets the idea that as far as the stakeholders are identified and integrated into the decision-making of the organization, Harrison (2013). These meant that the welfare of the shareholders is more considered important just for the well-being of the stakeholders in the account. The fact that non-fiduciary seems to be essential in the corporate decisions; Goodpaster tends to describe it as an ethical problem approach. These means how it makes sense by the fact that the managers have the duties to more than just their common shareholders which seem to be ethical Harrison (2013). By this which seems to require more break to put more stakeholders in need above the shareholders. This is different as the multi-fiduciary stakeholders tends to be full of jargon by which the arrangement that is most closely to approaches as the ideal of the theory of the stakeholders Weiss (2014).. These are the fact that all the stakeholders tend to be treated equally in the corporation. On the other hand, the strategic stakeholder's approach tends to have the interested parties in the business as the corporate makes the decision Goodpaster tends to be a solution to the cooperation regarding decision making. However, his views do not protect the stakeholders however they tend to provide and protect the shareholders. These are because they tend to locate the shareholders who are affected by the corporation before getting their stakeholders solution in the corporate. His view tends to create a good working environment in the business. 2a) the major Australian supermarket tends to violate the fundamental of their moral duties which is their obligation. There is a major breakdown as the stakeholders tend to be in a dilemma of their investment. These means that they are losing more than earning. The supermarket stakeholders say that they are squeezed in the term of profit margin as they are earning less than what they tend to invest, Webster (2015). These means that they are making the prices to go high for them to make more profit margins as usual. The price tag of the products determines the profit margin the investors get. In this case whereby the supermarkets are the key route to the market which is full of suppliers and the consumers. They tend to have a moral obligation by the thing or products they tend to offer to their consumers. The supermarket tends to offer employment as well as laundering products to the consumers. They tend to show the good willingness of the suppliers. The supermarket offers the vendors a warehouse and availability of their products to the consumers. The fact that the supermarket offers a wide range of different type of products from the different providers, they also tend to give away an offer given to them. The product sold by the supermarket is for the consumers benefit; this is because they do not have an impacted role as they have a moral duty to cope with their customers as well as their suppliers, Tonkin (2016). Therefore the supermarket tends to cooperate with the suppliers to achieve their main target. The request that is made by the Woolworths on the binding of the gap which is between the payment tender from the suppliers, which is consistent with the narrow view of the company business ethic. The issue tends to be focused by the stakeholders who tend to make the coppered decision regarding the system itself, Janssen (2014). Because Woolworth's is a company that tends to focus mostly on the objectives it also tends to focus on the bigger part of the payment terms. These are as far as they mind to target the company in general. The stakeholder's request of the Woolworth's request tends to be more focused on the suppliers and the price in the product. These are meant by the request that is made by the Woolworth's company to mind on the gap which is created between the suppliers in general, Ferro (2017). These are because the stakeholders take part in the business decision in case they are involved. They tend to make the final copy of the company thereby trying to solve the supplier's content with the stakeholders in the business, Ferro (2017). They know that the business target is to increase the profit margin thereby they tend to improve the correlation between them. Hence Woolworth's getting the bigger part picture of everything. References Ferro, C., Ferro, C., Padin, C., Padin, C., Svensson, G., Svensson, G., Sosa Varela, J.C., Sosa Varela, J.C., Wagner, B., Wagner, B. and Hgevold, N.M., 2017. Validating a framework of stakeholders in connection to business sustainability efforts in supply chains.Journal of Business Industrial Marketing,32(1), pp.124-137. Harrison, J.S. and Wicks, A.C., 2013. Stakeholder theory, value, and firm performance.Business ethics quarterly,23(01), pp.97-124. Janssens, M. and Kaptein, M., 2014. The ethical responsibility of companies toward animals: A study of the expressed commitment of the Fortune Global 200. Tonkin, E., Webb, T., Coveney, J., Meyer, S.B. and Wilson, A.M., 2016. Consumer trust in the Australian food systemThe everyday erosive impact of food labelling.Appetite,103, pp.118-127. Webster, J., 2015. Supply chain accountability: How far does responsibility extend? Recent enforcement outcomes in the trolley collecting industry.LSJ: Law Society of NSW Journal,2(2), p.88. Weiss, J.W., 2014.Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers.