Food fortification is a complex issue, and the Vitango product developed by Coca Cola, as well as similar fruit flavoured beverages prepared by Proctor and Gamble, provide an interesting ethical debate. Micronutrient deficiencies are real, and prevalent, affecting over 2 billion people worldwide. Coca Cola, as part of a portfolio of social responsability, has responded by developing a food vehicle, or a delivery mechanism for increasing vitamin and mineral intake in certain populations (in this case, most likely children). Whether this product should be sold to make a profit is, I am certain, part of your dilemma. Should the most vulnerable in global society be required to pay for a means to alleviate their deficiencies? If Vitango is being produced and sold for profit, versus on a cost-recovery basis, while Coca Cola is making steep profits across its product portfolio may be considered questionable practice. In most countries, nutrition supplements are available for a cost, and in many ways, this could be considered just another supplement. Consumers are free to choose their food options, and spend their money as they choose, so why not purchase a fortified drink over empty calories? Should a sugary drink be the great panacea for micronutrient deficiency? Ideally one should get all the nutrients needed from a natural diet. Ideally one could get all the necessary nutrients from the diet, however in many regions of the world, for various reasons, including culture, economics, conflict, and others, food security is limited. While the benefits of eating natural foods far outweigh the use of supplements and fortified products, sometimes these choices are not available, or not feasible. Giving more options for improving health (in the case of Vitango, iron and zinc status in particular), may make it worth using. The dilema from a nutrition standpoint besides empty calories, is that many supplements or other fortified food products must be universally distributed, and accessible. The costs of this distribution are prohibitive for many nutrition and public health organizations. However, it is incredible, the universal distribution capacity of Coca Cola. Distribution of fortified foods through commercial means, rather than merely relying on intervention from the health system has major practicalities. Food fortification has nearly erradicated most nutrient deficiencies in developed countries, and given choice of appropriate food vehicles, may also greatly improve public health. Addressing micronutrient deficiency is a major concern, and requires a variety of strategies. In an ideal world, it would be done by improving dietary diversity, and access to a high quality, secure, affordable and consistent food supply. While these issues are being dealt with, people are suffering that need practical solutions that can work in the very short term.
ethical brands are Lewis roseby the baldy
what moral considerations do constitute on ethical consumers
Business ethics are great for businesses because customers don't like doing business with unethical managers. A disadvantage to being ethical is the fact that money can be affected by being ethical.
what are the ethical implication of product placement in the context of consumers perception
It's just about unethical behaviour, decison and such kind of things. You need to distinguish between ethical lapse and dilemma ethical. One is quite clear, and can be classified as such a bad thing, other is not clear and conflicting as both sides of a problem all arguable. Hope that it helps somehow.
There is a huge difference between being ethical and being socially responsible. You do not need to be ethical to be socially responsible for example.
The guidelines for ethical and socially responsible decisions in accounting are as follows:Identify ethical and/or social issue[s]Analyze options, considering both good and bad consequences for all individuals affectedMake ethical/socially responsible decision in choosing the best option after weighing all consequences.
Being Ethical and Socially Responsible are extremely important for organizations. An organization that is known to be ethical and display solid socially responsibility to the society in which the company is working. Being Ethical means - doing the right thing and not doing anything illegal. Like not paying any bribe to government officials to get any permit or approval. Being socially responsible means - giving back to the society where we are operating. Like giving donations to charitable organizations around us.
When investors buy into companys with ethical practices they support
Bill gates and Microsoft always do their best to give products and services that meet ethical requirements. Microsoft has initiated several projects that show they are indeed responsible.
Ethical trading, also known as ethical investing or socially responsible investing (SRI), involves making investment decisions based on both financial return and ethical considerations. This approach seeks to support companies that adhere to responsible business practices and align with the investor's values.
Price fixing is when companies that have the same products in common come together to agree to a set price. Price fixing is fair and is in the best interest of being socially responsible by protecting the market from becoming a monopoly.
Socially responsible investing is when you look to make money, yet with the good of a community, the world, or the environment in mind. It is to invest where you are also able to do some good.
Most Nigeria Companies are socially responsible based on the following categories.1. Obstructionist: These are firm that operates businesses that are illegal and unethical to the society. Robbery, Fraudulent .2. Defensive: These are firms that operates businesses that are legal but unethical to the immediate environment.3. Accommodative Approach: These are legal and ethical in their business4. Proactive Approach: These are business that are legal and ethical to the society by proactivel developing strategy that are use to solve problems.
Yes, occasionally. Frequently not. In many cases the unregulated nature of that market (thanks Congress) leads to irresponsible and false claims of health benefits.
ethical code can be defined as a system of principles and norms governing morality in a community with a view to be socially accepted/responsible.
Organizational practices may strongly influence the ethical standards of employees. Some organizations openly permit unethical business practices as long as they are in the firm's best interests.