In this assignment, I am going to explain the implications for a business and stakeholders of how the
business operates the products ethically. The business that I will be analyzing is the co-operative
food. In this assignment, I am going to evaluate the impact of a selected businesses ethical behavior
on stakeholders and the business. The business that I will be analyzing is the co-operative food.
What are stakeholders?
A person, group or organization that has interest or concern in an organization.
Stakeholders can affect or be affected by the organization's actions, objectives and policies.
Some examples of key stakeholders are creditors, directors, employees, government (and
its agencies), owners (shareholders), suppliers, unions, and the community from which
the business draws its resources.
The first stakeholder will be talking about is the owner. Owners are key people and the most
important stakeholder for the business because they invest in the business and own part of co-
operative food. The owner could be corrupted and the business co-operative food will be addressing
to the problem by is making sure that they are aware of corruption by making sure that all the
employees are taking responsibilities for their action. The next stakeholder I’ll be talking about is the
employees the ethical problem with employees could be that the working conditions are really bad
and the business is co-operative food will address to this problem by showing that they are aware of
the ethical working conditions by enduring the employment law, which means that they must follow
the policies such as the national minimum wage act. Employees are part of co-operative food’s
stakeholders and their role to the business is they are the people who work within the business and
they have a key interest as they want to know whether they received the right amount of pay and
wages.
The 3rd stakeholder that I’ll be explaining about is suppliers. I’ll be explaining how co-operative
affect the stakeholder ethically. The suppliers have a key interest in co-operative because they want
to build a long term relationship and to continue supplying goods and services to co-operative and
this maintains a good relationship and it keeps both businesses ethical. Majority of Co-operative
suppliers are from the UK homeland which is local to the business. Co-operative actively engage with
their suppliers to minimise any environmental or social impact and to increase an ethical stance as it
improve the overall operation of the business and this also leads to satisfactory results as customers
are happy. In actual facts Co-operative supports over 2,000 UK farms which supply the business with
meat, poultry and dairy products. 400 of those farmers are made into farming groups to produce
beef, cow and other meats sustainably and ethically for the co-operative business. Co-operative
address that working with farming groups is helping them as a business to address supply chain
environmental impacts and animal welfare. Furthermore GM and animal feeding has been a massive
thing in the food industry and this is not acting ethically as the animals are forced fed and injected
with harmful chemicals in able to make them look big and mass produced. This isn’t only good for
the animals but it’s also bad and dangerous for the human being as we consume the food. Co-
operative has worked with their suppliers and responded to this big issue by maintaining a ban on
GM crops, ingredients or additives in their own food brand. Lastly, the horsemeat scandal was a big
issue to the health of the consumers, furthermore it’s a biggest scandal as suppliers replaced beef
with horse meat to save money and make more from selling the fake produce. It’s been reported
that there’s some traces of horse meat which was present in the pork and beef. Co-operative
immediately removed any traces of horse meat from sale and suppliers. They’ve did a further
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business operates the products ethically. The business that I will be analyzing is the co-operative
food. In this assignment, I am going to evaluate the impact of a selected businesses ethical behavior
on stakeholders and the business. The business that I will be analyzing is the co-operative food.
What are stakeholders?
A person, group or organization that has interest or concern in an organization.
Stakeholders can affect or be affected by the organization's actions, objectives and policies.
Some examples of key stakeholders are creditors, directors, employees, government (and
its agencies), owners (shareholders), suppliers, unions, and the community from which
the business draws its resources.
The first stakeholder will be talking about is the owner. Owners are key people and the most
important stakeholder for the business because they invest in the business and own part of co-
operative food. The owner could be corrupted and the business co-operative food will be addressing
to the problem by is making sure that they are aware of corruption by making sure that all the
employees are taking responsibilities for their action. The next stakeholder I’ll be talking about is the
employees the ethical problem with employees could be that the working conditions are really bad
and the business is co-operative food will address to this problem by showing that they are aware of
the ethical working conditions by enduring the employment law, which means that they must follow
the policies such as the national minimum wage act. Employees are part of co-operative food’s
stakeholders and their role to the business is they are the people who work within the business and
they have a key interest as they want to know whether they received the right amount of pay and
wages.
The 3rd stakeholder that I’ll be explaining about is suppliers. I’ll be explaining how co-operative
affect the stakeholder ethically. The suppliers have a key interest in co-operative because they want
to build a long term relationship and to continue supplying goods and services to co-operative and
this maintains a good relationship and it keeps both businesses ethical. Majority of Co-operative
suppliers are from the UK homeland which is local to the business. Co-operative actively engage with
their suppliers to minimise any environmental or social impact and to increase an ethical stance as it
improve the overall operation of the business and this also leads to satisfactory results as customers
are happy. In actual facts Co-operative supports over 2,000 UK farms which supply the business with
meat, poultry and dairy products. 400 of those farmers are made into farming groups to produce
beef, cow and other meats sustainably and ethically for the co-operative business. Co-operative
address that working with farming groups is helping them as a business to address supply chain
environmental impacts and animal welfare. Furthermore GM and animal feeding has been a massive
thing in the food industry and this is not acting ethically as the animals are forced fed and injected
with harmful chemicals in able to make them look big and mass produced. This isn’t only good for
the animals but it’s also bad and dangerous for the human being as we consume the food. Co-
operative has worked with their suppliers and responded to this big issue by maintaining a ban on
GM crops, ingredients or additives in their own food brand. Lastly, the horsemeat scandal was a big
issue to the health of the consumers, furthermore it’s a biggest scandal as suppliers replaced beef
with horse meat to save money and make more from selling the fake produce. It’s been reported
that there’s some traces of horse meat which was present in the pork and beef. Co-operative
immediately removed any traces of horse meat from sale and suppliers. They’ve did a further
1