Slavery in the Chocolate Industry Case Study

Ethics is the moral principles that govern a person's behavior or the conducting of an activity. It is the moral values that a person believes in. The way that a person interacts with others. The golden rule of treating others how you would like to be treated. Having good ethics is a basis for having a successful business.

What is ethics? According to Velasquez et al (2010), “ethics is a well-founded standard of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations,

First, it is important to define ethics and how its components play an extensive role in our society. The term ethics is defined as “Moral principles that govern a person 's behaviour or the conducting of an activity.” (Oxford); ethical decisions are the ones that per se determine whether or not murder is wrong. Likewise, ethics consists of different ramifications and perspectives from many philosophers. Moreover,

Ethics, sometimes also known as moral philosophy, is basically not any legal rules but only a moral obligation or concept to define what is wrong or right. It deals with the value related to human behaviour with respect to the rightness and wrongness of certain actions.

Was slavery an economic engine for the Southern economy before the Civil War? Men like Senator and businessman James Henry Hammond would say yes immediately without a second thought. People like Hammond believed that slavery in these times were critical to the growth of the southern economy. They made points such as that agricultural sales were a main percentage of business in the south and with the large area of fertile land that slave ownership was a necessary evil. Along with those, the decades preceding the civil war, the north began to industrialize, which in turn created a large demand for cotton, which was heavily supported by slavery. Not only was slavery a supporting crutch for the immense cotton market, but also slave trade proved to be a highly profitable market of his own. Finally, from the perspective of a plantation owner as a business enterprise, owning slaves proved to be most effective by implementing business strategies, much like Henry James Hammond’s. Without slavery, small planters would have been unable to make a steadfast profit, leaving the cotton industry to rely on large plantation owners who would mainly invest their fortune in British luxurious imports, instead of diversifying and reinvesting in schooling or infrastructure. I personally believe that James Henry Hammond and others were correct, with exception to my ethical beliefs, that slavery was a key factor in the growth and preservation of

Ethics are defined as “a set of moral principles and perceptions about right versus wrong and the resulting philosophy of conduct that is practiced by an individual, group, profession, or culture” (Barker, 2001, p. 159). In the field

According to Merriam-Webster, ethics is defined as an area of study that deals with ideas about what is good and bad behavior. Some would argue that definition is rather vague. A more complete understanding of ethics would suggest that it is more than just an area of study but rather a way of life; moral principles that govern a person's or group's behavior. If one is ethical and has good moral standards, it is usually seen in that person. Simply put, ethics could be considered the standards of behavior as to which society accepts.

“Ethics”, in general, is nothing but a principle of conduct. Ethics can also be defined as moral philosophy which is used to answer questions related to morality. The word ‘Ethics’ has been derived from the Greek word ‘Ethos’ which simply meant “the state of being” or “to keep ones soul pure”. The sub divisions of ethics are as follows;

Moreover, consumers and employees are also demanding chocolate companies to follow good corporate social responsibility practices in addressing the environmental concerns in terms of how to design its packaging, procurement and operational decisions. Human rights concerns are also high in terms of consumer expectations of chocolate companies with respect of forced child labour in West Africa. All of these driving forces - societal concerns, attitudes and change in lifestyles, are strong enough to shape up the competition and impose the constraint on chocolate industry profitability and competitive survival.

Ethics is the branch of philosophy concerned with the intent, means, and consequences of moral behavior. It is the study of judgments and right and wrong conduct. (TAOL p.94)

Ethics refers to a system of moral standards that guide the decision for human conduct of what is right and wrong based on everyday life situations, usually in terms rights, obligations, benefits, fairness, or virtue. Ethics is used as a formal guideline for conducting business in order to minimize pain to the greater number of people as a whole. The principles of ethics come from the knowledge and understanding of the word of God, the Bible. It tells us how we ought to think and behave toward one another considering first, how we want to be treated. For instance, we have the right to freedom of speech as long as we don’t insult the integrity of others. In addition, God gives us examples for how make right decisions and

According to Guido, ethics is the branch of philosophy concerned with the evaluation of human action. A broader definition would be that ethics involves the principles or assumptions underpinning the way individuals or groups ought to conduct themselves.

Ethics is defined as moral principles of conduct, which people usually agree with. Unlike in law there is no punishment involved in ethical values, if you don't follow according with the standards. There are many things that influence ethical behaviour. These can be personal reflection, religious beliefs, culture, experiences and family influences. If broadly speaking, ethics is the science or study of the morality of how humans act through the medium of natural reason.

The natural environment involves Cocoa beans that are needed by Whittaker’s to produce their chocolate products. Over the next few years, the world is expected to face a chocolate ‘drought’, leading to soaring prices of cocoa beans due to insufficient consumable cocoa to chocolate manufacturers. (Western farm press, 2011)

Ethics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions are made every day there are two different regions in which these choices are made.