Throughout this concept of Ethics, we mostly focused on the aspect of responsibility. We were given a quick survey on Moodle relating to who we would choose to support. We were given 3 choices (no names, just descriptions), and unexpectedly, majority of the class chose Adolf Hitler.
Then, after discussing the true definition of ethics + moral, we started a CSR (Corporate Social Responsibility) presentation on a company of our choice. My company was Heineken. We had to extract information about Heineken’s responsibility to customers, communities, employees, etc… We made our presentation extremely visual to keep our audience entertained. We also had to make a handout to summarize the info on our presentation, leading to our CSR test.
During this time, I mostly learned about how companies ONLY talk about the positive side of their CSR. Through our ethics monologue, I realized that you have to dig the dirt to find out the negative sides of the company.
This answers the ‘ethically’ part of the guiding question, explaining to us how a company SHOULD and CAN react towards a change in need or wants of a market.
Also, this is related to Needs and Wants of the market because depending on the Needs and Wants of the market, what is expected of the organization might change. For example, if Coca-Cola was in demand, the Coca-Cola companies would be expected to produce larger quantities of legit Coca-Cola, since some companies might seize this opportunity to create the product with lower standards.