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![]() ![]() tobaccoĮthical issues arising from internal and industry practices - examples The extent to which a business accepts its alleged responsibilities for mishaps, spillages and The degree of safety built into product design Honesty, truthfulness and fairness in marketingĪgricultural practices e.g. World wide inequality of income can result in unethical practices such as the child labour Monopsony buyers can exploit supply firms ![]() Ethical issues arising from the nature of markets - The 18th Century economist Adam Smith demonstrated how in a free market the self interest of producers and consumers will produce an outcome desirable to all concerned - But the market can also lead to inequality of income, wealth and market power: ![]()
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