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The most commonly recognized ethical practice is fair pay. When the media discovered in 2007 that Asian workers that worked for Topshop were working up to 12 hour days six days a week for only ?5 a day, Owner Sir Phillip Green had to release an immediate statement in order to provide the public with his explanation in which he suggested that he was unaware of these conditions and was to monitor the conditions of these factories (Newell et al 2007) the instant release of a statement occurred in order to limited the damage that could face firm such as a loss of sales and market share due to a damaged reputation...
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Common topics in this essay:
- ‘Ethics In Business Are An Optional Extra!’
- Business ethics and corporate social responsibility
- Corporate Social Responsibility
- Corporate Social Responsibility
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