Business ethics - Table of Contents Table of Contents 1...

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Table of Contents Table of Contents ............................................................................................................................. 1 Executive Summary: .................................................................................................................... 2 1. Briefly discuss on the history, product and services provided by the company that you have selected. ............................................................................................................................... 3 History of Samsung: ............................................................................................................. 3 Services of Samsung: ............................................................................................................ 4 Samsung products: ................................................................................................................ 4 2. Discuss critically and evaluate four positive and four negative ethical aspect of the company's business practices. Research some of the latest news items and activities about the company and its officers over the same time period and strictly pertaining to ethical business aspects. ............................................................................................................................................. 4 Positive Aspects of Samsung: ............................................................................................... 4 Business Operation ............................................................................................................... 4 Consumer loyalty .................................................................................................................. 5 Reasonable Trade .................................................................................................................. 5 We ensure data on people and business associates ............................................................... 5 Negative Aspect: ................................................................................................................... 6 Child labor, no agreement and unpaid hours. .................................................................... 6 Breaks and dinners on the night move .............................................................................. 6 Wellbeing and security preparing ...................................................................................... 6 Culpable offenses in the industrial facility. ....................................................................... 6 3. Analyze how "ethical" is the business practices of the company by applying at least 4 relevant ethical theories from utilitarianism, rights, justice, virtue ethics, consumerism ethics, ethics of care, and/or etc., in your discussion. ................................................................................. 7 Relevant Ethical Theories: .................................................................................................... 7 Utilitarianism ........................................................................................................................ 7 Samsung with Utilitarianism ................................................................................................ 7 Rights & Duties .................................................................................................................... 8 Samsung with Rights and Duties .......................................................................................... 8 Ethics of Egoism ................................................................................................................... 8 Justice and Fairness .............................................................................................................. 9 Samsung with Justice and Fairness ....................................................................................... 9
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Conclusion: ...................................................................................................................................... 9 References ...................................................................................................................................... 10 Executive Summary: The assignment is divided into three parts. Firstly I have discussed the history of Samsung and
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Products and services. Samsung provide multiservice to their customer. The second part contain the negative and positive ethical aspect of Samsung Company. There are many ethical and unethical issues. Thirdly, an examination of ethical theories of Samsung Company. Discuss how Samsung improve the specific ethical theories inside their business. Utilitarianism Rights and Duties Justice and fairness Ethics of Care 1. Briefly discuss on the history, product and services provided by the company that you have selected. History of Samsung: Samsung came in the electronic business with the game-plan of two or three electronic divisions in 1960. In the start Samsung constructed their work environments in Suwon, South Korea, where they began passing on superior quality TV sets. In 1993, Samsung basically centered on Electronics gadget, building, and chemicals. With reproduced center in hardware, Samsung put assets into LCD advancement, changing into the
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best maker of LCD loads up on the world by 2005. Around the end of 2011, Samsung took control on Sony's relationship by acquiring it. Samsung has also changed into the best creator of cell phones in 2012. To remain a charge maker, Samsung has spared $3.4 billion. Services of Samsung: Samsung Services help officers oversee many-sided quality, advance and modernize their systems for scale, speed and proficiency and guarantee system and administration quality.
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