Friday, June 12, 2020

Not all Businesses are treated equal - 550 Words

Not all Businesses are treated equal (Essay Sample) Content: Name Professor Course Date Not all Companies are viewed as Equal In the free business world, not all businesses are considered equal. The public and germane authorities perceive and treat companies differently more especially those that have ethical compulsions. For instance, the law-making authorities institute policies that unfairly target certain companies. In many cases, this results from the ethical concerns that some firms deal in products that are unhealthy for human consumption (Ingram, Rhea, Skinner, and Taylor 241). Establishing such businesses requires a lot of legal obligations and tax imposed is higher as compared to other business. Hence, this paper accents on the responsibility of International Tobacco Companies to protect the public from their harmful and toxic products. Evidently, tobacco industries cause a lot of harm to the public and their consumers. Firstly, they are the major cause of air pollution. These firms emit toxic gases to the air causing destruction of the ozone layer. In recent years, many organizations and governments have been advocating for businesses to be environmental-friendly. Though, as much as these campaigns go on, the tobacco companies are doing less in regard to reduction of air pollution. They are becoming the major contributors to global warming. The world climate is changing and imperiling people with ultra-violet rays. Therefore, these companies need to be regulated with tough laws for the benefit of future generations. Secondly, tobacco products threaten the health of consumers. It is evident that tobacco products like cigarettes cause liver and lung cancer. Despite the struggles to reach a cancer free world, tobacco companies consistently continue posing health dangers to their customers by not providing sufficient awareness of the dangers (Alsop 19). What makes matters worse is that these products are not only harmful to the consumers but also the general public. Hence, these products should be banned bearing in mind that they are unhealthy leading to increased deaths across the world. Therefore, the tobacco industry should not expect equal treatment to other companies and yet they conduct unethical businesses. Many private owned companies are characterized by economic capitalism. They instigate economic decisions which favor their interests. In many cases, capitalism makes firms not to adhere to social responsiveness. They have selfish motives of manipulating the public with an aim of generating benefits and keep their business running (Alsop 23). Capitalism tends to interfere with forces of the marketplace. Countries that embrace capitalism play infinitesimal role in controlling the capitalist economy. Therefore, capitalism in tobacco industry can compromise the well-being of people. The companies cannot be concerned with the dangers posed by their products to the public rather focus on m...