Tasty Meals Ltd Essay Example | Topics and Well Written Essays - 750 words

Tasty Meals Ltd - Essay Example In these regards, investors worry that eventually severe regulations may be enacted against the company. In terms of ethical responsibility to labor rates, this is a complex issue, as one must consider that market forces in the Philippines have led to people in the region working for this rate; still, it ultimately seems that Tasty Meals Ltd. should take a more responsible approach to employee safety and broader human rights concerns. 2. To an extent Tasty Meals Ltd. should be held accountable for their high-calorie foods. When customers visit the restaurant, especially as these restaurants contain come-ons to children through toys, they expect a reasonable expectation of health and safety. While in a free market customers have unlimited options, this does not necessitate that organizations can completely neglect health. Ultimately it seems that at the least Tasty Meals Ltd. should provide healthy options on the menu for customers. 3. It is not reasonable to demand that Tasty Meals L td. give up disposable tableware and containers because it is unfriendly to the environment. It is the government’s responsibility to place regulations on the use of such materials. Still, the backlash the organization has received is a fair reflection from the public and constitutes a level of the invisible hand of the market regulating such unethical practices through a deterioration of image. 4. It is reasonable for Tasty Meals Ltd. to demand from their suppliers that they impose its code of conduct directives to the suppliers it works with. In terms of market considerations, it is possible that severe punitive fines be placed upon the organization for engaging in unsafe market considerations. In terms of ethical responsibilities, organizations have a utilitarian ethical responsibility to consider human rights concerns. Tasty Meals Ltd. has neglected this responsibility. 5. Overall Tasty Meals Ltd. has complied with corporate governance principles, as they have not broken any government laws. Still, this organization is by no means an ethical and socially responsible corporation. They have taken every opportunity provided to ignore human rights and health concerns as a means of achieving higher profits and market expansion. 6. I would believe that the proposed measures may be too stringent. Still, I recognize that a change must be made. While ethical and social concerns are important, the ultimate considerations are in terms of profits. It seems apparent that if the organization does not adopt a reasonable amount of these measures they will experience a public backlash that could cause a severe decline in profits. 7. I believe if Tasty Meals approved and implemented the proposals it could improve their profitability as it would improve their image in the public. It would also ensure that the organization does not face future fines from disregarding regulations. 8. I don’t think ethical and socially responsible business practices are always in conflict with profitability. To an extent I believe that ethical business practices are appreciated by the public and through aspects such as corporate image and branding pay dividends. One considers an organization such as Ben & Jerry’s that has made corporate responsibility a major aspect of their business. This organization has in-turn developed a strong and loyal customer base. While in some situations unethical practices increase profitability, this does not mean that social responsibility and profitability are always in conflict. 9. As a shareholder of Tasty Meals I would be greatly concerned about the company’s long-term sustainability. While they are currently operating within corporate governance, it’s clear that they are operating directly on the border. If government

See below Essay Example | Topics and Well Written Essays - 1250 words

See below - Essay Example Jurisdiction over the subject. For the ECJ to have jurisdiction over a case, such a case must be concerned with a subject over whom the ECJ has jurisdiction. There are only three subjects over which ECJ has jurisdiction namely: the interpretation of any of the provisions of the European Union Treaty; when the question calls for the interpretation or validity of the acts of any of the EU commissions or the European Union Bank (EUB), and lastly; the interpretation of statutes or laws passed by a body which has been established by the Council, but only if the statute or law so provides that it shall be subject to ECJ’s interpretation (Lazowski 2007). Fulfillment of jurisdictional requirements by the referring body. There are three things which the referring body must meet or possess before the ECJ accepts any referral from it under Art. 234 and these are the following: the body referring the question to the ECJ must necessarily be a â€Å"court or tribunal of a member state†; the question being referred to is concerned with the validity and interpretation of the Community law, and; the resolution of the question being referred to the ECJ is necessary so the court of origin can render its decision (Lazowski 2007). The determination of whether a body is a court or tribunal is a very important factor because it is one of the basic qualifications and requirement in reference under Art 234. The terms â€Å"court or tribunal’ has no fixed definition under any statutory law but only in case laws where the ECJ itself has defined it through a number of cases. In the case of Abrahamsson C-407/98, the ECJ held: â€Å" In order to determine whether a body making a reference is a court or tribunal for the purposes of Article 1777 (now Art 234) of the Treaty, which is a question governed by the Community law alone, the Court takes account of a number of factors, such as whether the body is established by law, whether it is