Anglo-American

Powerful Essays
Abstract Anglo-American and Primark are among the world’s leading companies. In this paper, I will analyze their application of ethics and then utilize “A Model of Business Ethics” to help describe the two companies ethical practices. The paper will provide a discussion of the costs and benefits of an organization as well as define ethical business.
Introduction
Anglo-American and Primark are two multinational organizations with different Code of Conduct ethics. However, the rapid economic changes of the world have interconnected global organizations and it is evident that regardless of organizations operative procedures one thing is for certain; the global businesses have engaged in this organizations labor modules to meet the consumer demands of the world forgetting their Code of Conduct in which they based their company on. Laws are established for a reason; therefore, in the business market it is no different. Laws, whether foreign or domestic are the key point for starting any business. Although, businesses establish their own principles, each organization defines their own values differently.
Ethical Business Business ethics are based on the same principles that determine an individual’s character; therefore, business ethics relate to organizations moral principles that guide what is relatively right and wrong within an organization. An example of a business ethic is following the International Code of Conduct, which states that companies should not utilize child labor. Codes of Conducts are established by the United Nations for the purpose of protecting an individual’s choice of employment and to ensure that the labor conditions are hygienic and safe for all employees; therefore, it is relatively easy to identify unethical business behaviors in organizations. Although organizations have created their policies, it is difficult for all organizations to establish good ethical behaviors. Organizations such as Anglo-American and Primark

You May Also Find These Documents Helpful

  • Good Essays

    Anglo Americans

    • 2386 Words
    • 10 Pages

    central economic problem is how to match finite resources with unlimited wants. With the demand for resources rising as the world economy grows this is becoming more of a challenge. Leading global companies like Anglo American strive to find new solutions to this problem every day. Anglo American is one of the world’s largest mining companies. Its portfolio of mining businesses spans precious metals and minerals – in which it is a global leader in platinum and diamonds, base metals (copper and nickel)…

    • 2386 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Anglo American Plc

    • 746 Words
    • 3 Pages

    2. What are the pros and cons of Anglo American adoption of an aggressive strategy in combating HIV/AIDS among its South African workforce? What recommendations would you give the company concerning its HIV/AIDS policy? Answer: Anglo American had huge investment in South Africa and was heavily hit by the HIV/AIDS epidemic. It was the first private company to develop a proactive strategy to combat the ravages of the disease on its workforce and thus effecting their operations. Pros of adoption…

    • 746 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Anglo-American Empire

    • 352 Words
    • 2 Pages

    The Anglo-American Empire A special relationship with oilThe Ottoman (Persian) Empire collapsed with WW1(1918) when the British defeated the Turks. At the instigation of First Lord of the Admiralty Winston Churchill, the British government became a majority (and at-first secret) shareholder of Anglo-Persian during World War I. Britain soon became a dominant power in Persian and later Iranian politics. British and American political operations in that nation shaped the developments that led to the…

    • 352 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Anglo American Company

    • 844 Words
    • 3 Pages

    Anglo American Business ethics and corporate social responsibility 1. How has Anglo American’s reputation enhanced by engaging with local communities in decision-making? Why is it important for this engagement to be an ongoing process? Anglo American mining company is one of the leading companies on the mining industry and has gained reputation because they include the local community at the moment of decision-making. Mining industries are often being observed as they are recognized because…

    • 844 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Q1: Trace the history of Anglo American from 1917 to date in South Africa and other Businesses? Anglo American plc is a global mining company headquartered in London, United Kingdom. It is a major producer of diamonds, copper, nickel, iron ore and metallurgical and thermal coal and the world's largest producer of platinum, with around 40% of world output. The following is the timeline of Anglo American: 1917 Company founded by Sir Ernest Oppenheimer along with American J.P Morgan. Initial investment…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Anglo American Dissatation

    • 11573 Words
    • 47 Pages

    Introduction Anglo American Plc is a mining conglomerate and is one of the largest companies within the mining industry. It originally started in 1917 as a gold mining company going by the name of Anglo American Corp; the name was created when the initial starting capital of £1million was raised from U.K. and U.S. sources (Forbes 2006). In 1999, following a major strategic review, Anglo American merged with Luxembourg headquartered Minorco to form Anglo American Plc, with its primary stock exchange…

    • 11573 Words
    • 47 Pages
    Powerful Essays
  • Good Essays

    ANGLO AMERICAN LITERATURE

    • 16100 Words
    • 65 Pages

    The Anglo – Saxons or the Old English Period 449 AD- 1066 AD Introduction “A bit charm of the past from what it is today “ A line from Tsurezureguza Everything that happened in the past has a great contribution to the present; it is something that we should treasure and something that we should remember. We can also learn a lesson from the past, a lesson which can help us to pursue the future with confidence. In this lesson we will learn to appreciate the beauty of Anglo-Saxon literature;…

    • 16100 Words
    • 65 Pages
    Good Essays
  • Good Essays

    Anglo American Case Study

    • 834 Words
    • 4 Pages

    4708 Intl Expansion Anglo American PLC in South Africa: What Do You Do When Costs Reach Epidemic Proportions? 1. The pros would be: a) The early adoption strategy of ART can help the company to prevent and combat the spread of the disease not only on its workforce but also the populations of surrounding communities. This early initiative can also help to prevent further loss in operating expenses and declining workers’ productivity in the company. b) Anglo American became a de facto leader…

    • 834 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Anglo-American Case Study

    • 870 Words
    • 4 Pages

    bitter about both the loss to the environment and to their livelihood. This is in one of the most clean environments in Europe. 2.The benefits of ethical business behavior affect the business itself and the wider community. Taking an example of an Anglo…

    • 870 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    distributing them as profit and dividends. Charity based organizations are also non profit organization. Types of organizations: the main types of organization.- * Sole traders * Partnership * Franchises Anglo-American in terms of organisational purpose; Anglo American organization is basically a profit based organization .It is a world-leading mining company, as it is working to use resources more efficiently in order to meet the growing demand of energy in a social responsible way…

    • 22248 Words
    • 89 Pages
    Powerful Essays