Business Ethics and Social Responsibilities

The documentary was based on one topic: whether a corporation is considered a legal person or not. By law, yes, a corporation is considered a legal person, but from what see in newspapers, articles, magazines, and reports about their actions towards the world, they don't seem very much legal to me. Some things that corporations do to maximize profit include pollution, toxic waste, animal cruelty, and child labour, sickens me to my stomach.

Despite all the trash talk about the actions of a corporation, child labour, and pollution, it really comes down to one idea, and that is if people were given the chance to go back in time and have another shot at changing the world of business, they wouldn't. We would probably eventually end up in the same place because humans are greedy, and if they know that polluting the air in small portions over a long period of time can potentially increase sales of up to billions of dollars, why wouldn't they?

Also, the topic of child labour is what I want to comment about. Much fuss has been made on this topic, but has anymone really considered the lives of the people working at lower than minimum wage? The money they earn may be so little to even support life, but I am pretty sure that they are better off working for the Nike Store rather than to be out in the streets begging for money. That is what it comes down to: there are way too many people, and too less jobs. So what Nike has done is provide the same amount of jobs at a lower pay to attract more people to work than to be out on the streets.

The issue is being addressed, but there is nothing we can do about it. Corporations will keep earning their billions, children will be working their arms off, and the world will soon be destroyed by human action. I truly believe that to save the world, the entire human race must be wiped out. However, the fact is that planet Earth will be destroyed first before our race is diminished.

Sustainability

The phenomenon of corporate sustainability has been recently flourishing the market due to the new trend of being economically friendly. What a sustainable company has to offer is that they are making changes to suit the needs of the consumer as well as mother nature, hoping to reduce the corporations giant ecological footprint.

Some brief examples of business sustainability include using natural oils and sweeteners in place of artificial products to create food and using natural fabrics to create better clothing. One company, OQOQO, the sister company of Lululemon are making their mark in business sustainability by offering all their clothes to be made with at least 76% of natural materials such as hemp, organic cotton, etc. This new line of clothing is hoping to attract new consumers by converting them into followers of the new trend: sustainability.