Ethics in Retail Industry - 5435 Words

Ethics in Retail Industry Name: Ratul Kumar Sarkar Registration Number: 4033/19 Indian Institute of Management Calcutta Mail - Proposal on assignment in ... https://mail.google.com/mail/u/0/?ui=2ik=4f81452ae6view=ptq=san... Ratul Kumar Sarkar Proposal on assignment in Business Ethics 2 messages Ratul Kumar Sarkar To: sanjana_tta@iimcal.ac.in Cc: ranjanm@iimcal.ac.in Name: Ratul Kumar Sarkar Reg No: 4033/19 Section: B Project type: Individual Project Title: Ethics in Retail Industry Scope: As a cornerstone of any organization and individual while interacting with various stakeholders, inside a retailing industry certain standards are followed to guide the decision making moments. The scope of the article includes study of these†¦show more content†¦Typically common unethical practices in the retail industry such as exploitation of workers, overemphasis on profitable products, unethically fixing prices on products, unethical issues of promotional campaign and their negative effects on consumer mindset are discussed in detail. Afterwards unethical practices in green retailing, the latest buzz of the retail industry in India are also discussed with examples from international retail chains. Also the issues with online retailing that security with online cus tomers, invasion in privacy in terms of personal information are mentioned in detail. Finally in the end some recommendations for the top management team are prescribed to reconsider the policies and code of conducts in the company to handle such ethically troubling situations. 1 Table of Contents: Introduction:........................................................................................................................................... 3 Types of Ethical Problems in Retail Sector: ............................................................................................. 4 Common unethical practices in Retail Marketing: .................................................................................. 4 Exploitation of Workers:Show MoreRelatedRetail Market Of The Retail Industry1726 Words   |  7 PagesHISTORY Retail is the selling of services or goods to consumers to gain a profit. The retail industry is one of the most important and profitable industries in the world economy today. 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