Business ethics principles and applications

Business Ethics

Every company regardless of the nature of their work is required to contribute to the community that sustains their growth. Casinos are therefore not an exception to this rule. We understand that they consumer massive energy and other resources to keep their customers satisfied on daily basis but that does not excuse them from contributing to the benefit of the environment and of the community that support them.

An environmentally conscious company is the one that is aware of the impact of its activities on the environment and works hard to reduce the impact. Oil companies for example come under attack regularly for damaging the environment. BP oil spill is one such example. But that doesn't mean that only companies like Oil or Drug organizations are responsible for protecting the environment, other firms are equally responsible for playing their role effectively.

Gambling is a socially acceptable activity in some states especially Nevada that allows Gambling openly. But in principle, this is a wasteful activity that must not be considered socially acceptable because it can lead to serious addiction where people can lose large sums of money on the hope that someday they might win big. This addiction has destroyed many homes and many families. Something that can cause such serious problems cannot possibly be an acceptable activity and hence gambling should also be treated as such. But unfortunately this is not the case as this business continues to exist and even flourish.

Now that we know that such businesses are not dying away, and that people have not vehemently opposed their existence, the least we can do is force these firms to be environmentally conscious. They must understand their responsibility to the community and the environment and make sure that their activities and business related operations are not hurting the environment or the community.

Casinos can hurt the environment in many ways including the sheer size of their operation. Since they are usually built on massive properties, their existence can be a burden to the neighborhood in terms of high traffic and loud noise.