How Business is Conducted on a Social And Ethical Sense Research Paper

How Business is Conducted on a Social And honest Sense - Research Paper ExampleAs the paper declaressome of the practices that will be practiced and encouraged by a business doing its business in an ethical and social manner embarrass doing honest business, practicing truthfulness and the prohibition of stealing among its different stakeholders. Business ethics covers the moral nature of telephoner practices and actions.From the discussion it is clear that the statements of the CEO of Abercrombie & Fitch were met with a lot of criticism and reactions, mainly because he make the statements that his company would only market clothes for the people with good-looking figures, and non other groups. The most thin of the statements made included that the company does not offer womens shirts sizes beyond large, and gave the reason that the company was not out to supply its clothes for fat people. The strain of the statement was that fat people did not confine the right to wear the cl othes produced by the company. The reasons given for the statement included that only people with assuredness bodies could be considered winners, in that they have managed to keep a lean body figure. On the other hand, the emphasis was that fat people are losers that have failed to keep their weight in check, and therefore they did not be to wear the clothes made by the company.The comments were taken seriously, by the companys customers and potential customers, and that became discernible from the uncontained reduction in sales revenues over a short duration.