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1) What would be an example of a company that you believe has GREAT business ethics? Why do you believe that the company has excellent business ethics? Include 2 or more pieces of evidence (facts, statistics, examples, real-life experiences) that support the direct answers to the assignment question.

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Answer:

Patagonia is an outdoor clothing and gear company that has built its brand around environmental and social responsibility. The company has adopted multiple strategies to reduce its environmental impact. For example, it uses sustainable materials, reduces waste, and invests in renewable energy. Patagonia has also been vocal about environmental issues, such as climate change and public lands protection.

In addition to its environmental initiatives, Patagonia has also prioritized ethical labor practices. The company has implemented fair labor standards and improved conditions for workers in its supply chain. Patagonia has also been involved in social justice causes, such as supporting immigrant rights and opposing the construction of a border wall between the US and Mexico.

These actions have been supported by evidence, such as the company's B Corp certification and its high scores on sustainability and social responsibility rankings. In 2020, Patagonia was named as one of the World's Most Ethical Companies by the Ethisphere Institute for the tenth year in a row. The company has also received praise from consumers and activists for its ethical practices and advocacy.

Overall, Patagonia's track record suggests that the company has excellent business ethics. The company's actions prioritize environmental and social responsibility, indicating a commitment to ethical principles.

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User Omkar Guhilot
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