Ike Ethics And Society - 1324 Words

IKEA GB590: Ethics in Business and Society Unit 2 Assignment Nicola Jones Baker Prof: Jackie Deem January 16, 2016 Introduction In 1995 one of IKEA suppliers in India was named for using children for labor in a rug factory. This was alarming to the IKEA Corporation. This news could have been damaging to the entire company if the right preventive measures were not taken. IKEA had to decide on their viewpoint on child labor and then had to make sure that what they did then and in the future was adequate to society standards. They will be watching to make sure that IKEA is true to its word. Stakeholders Stakeholders are people who directly or indirectly affect a company’s ability to operate. In this case, employees, suppliers, customers, NGOs are stakeholders in the success of IKEA‘s operations. Without the stakeholders IKEA will not be able to function. Their part in the process is critical to the foundation and logic of the operation of IKEA’s global needs. The operation of a business take all the stakeholders working together to make it a success. Their actions could have a huge influence on the different segments of the IKEA. Everything that the stakeholders do will affect the operation. IKEA’s stakeholders’ actions in the public view could affect the way people value IKEA to society. The reports on television could cause the company many issues. If child labor was used by one of IKEA suppliers then society with believe that IKEA as aShow MoreRelatedHonda Company Business Plan1689 Words   |  7 PagesHONDA THE POWER OF DREAMS Sameen Kukar Bus115.05 11/29/2011 professor- Steven Saltzman Table of Contents Customers and Competitors Human Resources Globalization Code of Ethics Sustainability Information and Technology Operations Planning Leadership and Motivation Organization Finance Executive Summary. Sochrio Honda was the founder of the Honda Company. 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