MIL

Pharma Centre LTD a leading drugstore chain with 12 branches in various cities and times all throughout Northern Island. In addition to prescription drugs, the store sells beauty products, perfumes, soaps, creams, cosmetics and toiletries. 

Business gained good reputation through increasing awareness of its ethical and social responsibility policies in the conduct of their business, policies are as follows:

• Sourcing beauty products from suppliers using natural and herbal raw materials.
• Recycling packaging products throughout the business where possible.
• Sourcing off products where fair trade “ethos” is observed.
• Use of sustainable energy and energy efficient systems in retail materials.
• Conduct and responding to environmental impact assessments.
• Better prominence on shelf space is given to natural and herbal products.
• Acting socially responsible.
• Products sold are not animal tested.

1. Business ethics and corporate social responsibility in terms of Pharma Center LTD.

Pharma Centre LTD furnish their products with natural and safe use for their consumers. Also helps the environment to reduce wastes.

• Outline the benefits and drawbacks of pursuing ethical policies

• Benefits                                                      
  • Everything is in order (in workers, in products and such).
  • Less trouble especially with customers.
  • Staffs, workers or employees has a uniform (not a literal uniform).
  • The morality of employees may or could attract customers’ attention.
  • Meets the satisfaction of customers.
  • Could support on maintaining the good and clean environment.                                                                               
• Drawbacks
  • If the staff(s) is/aren’t following ethical policies s/he might easily get into trouble with regard to the service, especially.

• Evaluate extent to which Pharma Center LTD has been successful in meeting stated ethical issues can contribute to the competitive advantage of the business.

I think the advantage of this business is their awareness of natural beauty is still better and while using their natural and herbal materials as their product they also trying not to make something that could cause the environment to have a bad condition.

• Explain how understanding of the various ethical issues can contribute to the competitive advantage of the business.

The advantages of this business probably because of their products are composed or natural ingredients and it wasn’t really a risk for consumers to use since its made of natural ingredients. Producing mass of their products is not really a big deal to them, especially the packaging recyclable and the use of their supplies and energy is being conservative because this business is not only just to produce products and make profit but also they have consciousness of maintaining good and healthy environment by reducing wastes.