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Speedo is a name brand that I have become quite familiar with over my lifetime. I started swimming at the age of six and started to play water polo by the age of 14. I have been in the water almost every day of my life and Speedo has been right there with me. I have purchased suits, caps, and goggles from the company every year and their brand has become one of my favorite water gear brands. Their products are popular and I have never had an issue with them. They are known for their innovative technology by producing new fast skins that are supposed to help shave off a couple tenths of a second (which makes all the difference in the swimming world).
On the surface, Speedo appears to be an ethnically run company due to its huge popularity among the water sport world. Speedo’s website is very organized and even has an extensive page donated to its ethical policies and code of conduct for business. In its policies it addresses issues regarding its role as a business and to stakeholders; lists its standards of behavior towards its employees, customers, suppliers, and the wider community; and other matters including competition, financial matters, confidentiality, and understanding and compliance. The ethical policy also goes on to list its environmental policies, employment standards policy, and code of employment standards for suppliers. Continue reading
In the Stanford Encyclopedia of Philosophy’s entry on business ethics, many interesting points are raised on how to define, explain, and apply the concept of business ethics. Our class has already spent a considerable amount of time trying to define ethics and how they fit into our society, our government, and our businesses, and I suspect that those discussions were only the tip of the iceberg. So I was not surprised to find the article awash with conflicting definitions and views, which were both fascinating and frustrating to read about. Continue reading
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