Thursday, July 25, 2019

Not all companies are viewed as equal Research Paper

Not all companies are viewed as equal - Research Paper Example From an economic perspective, free trade not only makes a company successful, but it also creates a competitive market that improves a country’s economy. In comparison to the candy industry, the tobacco industry is unfairly targeted. Candy has constituents such as excess sugar, which are detrimental to human health, similar to tobacco. Candy and its associated products are a leading cause of obesity, and other undesirable lifestyle diseases like diabetes (Goddard, 2012). It is indeed discouraging that the government does not force them to put a warning after their candy advertisements. Although companies do not in any way force consumers to use their products, they have an ethical obligation to protect consumers. I support the candy industry because it is the duty of consumers to monitor their consumption and purchases. Government legislation only exists when the dangers of a product are too profound. Capitalism plays a significant role in corporate decision-making. It is a great engine of development that natures technological advancements, promotes enterprise, and creates wealth. Even so, sometimes capitalism takes a negative turn when creation of wealth overrides moral obligations. Consumption is the solitary aim and purpose of production and this is what the candy industry targets (Quinn, Mujtaba, and Cavico, 2011). Companies go to all lengths to produce desirable and well-packaged candy products that attract children and adults alike. In most business operations, the interests of producers override that of customers. The main aim of production is to make profits, but it should not have superiority over social prosperity or the importance of production for consumption. In the contemporary society, it is possible for a company to cater to both its interest and that of consumers conjointly. Ethical business decision-making demands poise between corporate and social

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