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Essay / What is doing business? - 1198
Business conduct simply refers to the way in which a company regulates itself socially, environmentally and above all in a friendly manner. Business conduct is essential to meeting the company's bottom line and is crucial to preventing unethical problems from arising within the company. In today's competitive and modern business market, it is essential to note that doing business is a growing concern that has both advantages and disadvantages across all industries. The mining industry is an industry where business conduct is considered a concern. The mining industry is an economically stable industry and consists of various forms such as coal mining. The industry is in high demand and encompasses needs and wants that require ethical principles. Therefore, business conduct in the mining industry is considered unethical as it violates the principles of dignity, fairness and responsiveness of the Global Codex of Business Standards and impacts rights and status general workers. The Dignity Principle aims to change the way a company behaves ethically to promote its quality of respect in the mining industry. The principle of dignity addresses ways to develop human potential in order to generate special care for those who are harmed by these actions. All codes presented in the Dignity Principle contain requirements that ensure that people who participate in the mining industry have full rights and are protected from health and safety issues and, more importantly, human rights. (Paine 2005). Health and safety is a main factor in how a business behaves. For example, in 2009, 542 accident cases during the period 2000-2009 in Taiwan due to lack...... middle of paper ...... attempt to be one of the sectors in which ones are most difficult to behave ethically. These behaviors are classic examples that reflect major global issues such as the Industrial Revolution and the creation of large commercial entities in the mining industry. (Crowther and Capaldi 2008). Therefore, CSR frameworks are necessary elements to address and prevent unethical business conduct in the mining industry and, in turn, can have a positive impact on the rights, responsibilities and general status of workers. In conclusion, due to the growing recognition of ethics in the mining sector. In the mining industry, business conduct in the mining industry is perceived as unethical, as it not only violates the principles of dignity, citizenship and responsiveness, but also has a significant impact on the set of rights, responsibilities and status of workers..