Due DateSunday, August 15, 202111:59 PMPoints Possible38 You will select an existing organization to analyze using concepts learned during the course. The selected organization does not have to be a...

Business Ethics – Coca-Cola
Introduction
Coca-Cola is a multinational beverage company situated in Atlanta, United States. In this essay we will discuss on the code of ethics which followed by Coca-Cola and its impact in the corporate behaviour and foundation of policies, guidelines and procedures of the company. Coca-Cola keeps their code of ethics updated which helps to strengthen the trust in the employees, directors, investors, suppliers, customers and in the community. In order to establish to code of ethics in its organization Coca-Cola has emphasized on respecting, honesty and integrity towards the laws and regulations of the countries in which it operates. But, despite of establishing a concrete code of ethics, due to greed does Coca-Cola also practices unethical actions (Coca-Cola FEMSA; 2020). As per a research conducted by Ernst & Young it was found that 15% of the respondents were willing to pay a
ibe in order to close a deal. 39% of the respondents stated that
ibery was a common practice in industry. Most of these
ibes are being accepted by the employees or top hierarchical personnel for greed which challenges the ethical principles of the company. Hence, it is necessary to analyse if Coca-Cola adheres to the code of ethics or there are unethical practices conducted by the company which can have a serious impact on its future. In Coca-Cola there were instances of murder in its Columbia bottling plant. This raised serious concerns on the manner in which the company was adhering to the health and safety norms. To this issue the Coca-Cola, USA labour unions raised their voices by creating public awareness in dealing with the issues that have took place in the Coca-Cola bottling plant. Therefore, it’s a matter of concern for Coca-Cola to see if they have behaved ethically in living up to their promises which is based on Confucianism.

Analysis
Coca-Cola being a multinational beverage company and recognised globally in the world with its marketing strategy which is quite successful should not restrict themselves by focusing only on the generating profits, adherence to the business strategies and competing with other soft-drinks companies. As they are well established and has
anded themselves, they must give more attention towards criticism related to health impacts, environmental issues and the ethical business practices of the company. It was Ray Rogers the union leader protested against the killing of union leaders in Coca-Cola Columbia factory. Coca-Cola claimed that they were not responsible for these actions and their refusal of dealing with the issue have impacted their business in Columbia. Therefore, Coca-Cola must decide on the ways to defend their responsibilities. Therefore, as a multinational enterprise it is the liability of Coca-Cola to respond ethically to different stakeholders. On one hand they must be truthful towards their corporate policies and on the other hand they must fulfil their obligations towards their workers, customers and community by adhering to the relevant laws (7 Saint Joseph’s University Students for Workers’ Rights; 2006).
It is consequentialist ethics which comes from the teleological
anch of ethical theory. This theory is based on the outcomes of a decision and action. If this action gives positive results, then such action is held to be morally right (SOAS, 2021). Therefore, the main consequential theories are egoism and is a descriptive argument which describes the nature of any individual or organization as self centered. In this form the respondents act in their own self-interest. Second is utilitarianism which focuses...