The Conflict between Profit-Making and Business Ethics Resulting in Essay

The Conflict between Profit-Making and Business Ethics Resulting in the Claims Made within the Article - Essay ExampleThe report claims that by having the Olympic Branded products do within abusive sweatshops it makes a mockery of the claims made by London 2012 organisers that this summers Olympics will be the most respectable ever. 1.2- Who is the report intended for? The report is intended for the owners of the following six factories, PTShyang Yao Fung, Shyang Yao Fung, PT Parnarub Industry, PT Pancaprima, PT well-to-do Castle and PT Golden Continental. 1.3- Who asked for it? The Independent conducted the investigation. 1.4- What is the following report aiming to find out? The following report is aiming to examine the conflict between profit-making and business ethics whilst finding out if the claims made by The Independents investigation into the alleged sweatshops in Indonesia are making a mockery out of the London summer Olympics and whether it is estimable. 2.0- Terms of extension The report is intended for the owners of the Indonesian factories to give findings and recommendations following an investigation from The Independent. The investigation was carried out because of claims from London Olympic organisers that this summer Olympics will be the most ethical ever. 3.0- Procedure. ... 3.5- In total there were eleven people questioned within the article. 4.0- Findings 4.1 Indonesian factories have been contracted to produce Olympic branded clothing and shoes for the ordained sportswear partner of the London Olympics, which is the German company Adidas. These products are to be worn by athletes of Team Gb as well as games volunteers. 4.2 The German company Adidas hopes to make ?100 million pounds from its Olympic products. 4.3 An investigation carried out by The Independent has uncovered wide spread violations of workers rights in Indonesia. 4.4 From the investigation, The Independent has build out that the German company subjects its employees to long working hours, that is, they work for 65 hours which is 25 hours longer than what should be the case for a standard working week. 4.5 The employees of the German company are paid a very low pay and are mostly young females. 4.6 The German company is alleged to subject its employees to somatogenetic and verbal abuse and are punished in case they fail to achieve the production targets. 4.7 The Independent also found out that not a single factory among the nine factories of the Germany based company ensures that it pays its workers a living wage. 4.8 The report by the Independent unravelled that the Olympics Organising Committee (Locog) had adopted the base code jell by the Ethical Trading Initiative (ETI) that a living pay should be approximately 20 percent more than the officially recognised token(prenominal) wage of a country. 4.9 The investigations also revealed that the employees in the nine factories live in deplorable conditions where they have to skip meals to save mon ey. 4.10 The working conditions have affected the families of the workers where few are separated from