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Companies that are subject to legal sanctions and their management teams will be labeled as having a negative reputation. Public issues can enter the realm
Companies that are subject to legal sanctions and their management teams will be labeled as having a negative reputation. Public issues can enter the realm of law and have an impact on company performance. From a business ethics perspective, you must already understand that companies must not sacrifice the public interest for the sake of their profits. In business ethics we are taught to think about the interests of other people too. In college you will also be familiar with the triple bottom line concept, namely profit - people - planet. where a company's performance is not only judged by profits but by real concern and action (not just jargon and promises) for the planet (environment) and people. Questions: 1. Apart from demands by the competent government, what do you think is the active role of the community in the process of preventing environmental pollution by a company in a particular location? What active roles might you be able to take? 2. In your opinion, in the case of SMEs (small and medium enterprises), for example those operating in the fashion product sector, what stake holders can most influence the growth of their business?
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