Business Ethics Sceniro

 

1. How has Lululemon handled various ethical issues that it has faced over the last few years?
2. How has the ethical culture of Lululemon impacted its relationship with customers and employees?
3. To avoid negative publicity and ethical challenges, what steps should Lululemon take to improve its stakeholder relationships?

 

Sample Solution

Business Ethics Scenario

Lululemon athletica is an athletic apparel retailer domiciled in Delaware and headquartered in Vancouver. Founded in 1998 as a retailer of yoga pants and other yoga wear, Lululemon has since expanded to sell its products internationally in 491 stores as well as online. While Lululemon is a member of the Sustainable Apparel Coalition and claims sustainability as one of its core principles, its environmental impact is simply not good enough. Lululemon only uses a low proportion of Eco-friendly materials. Lululemon has handled these various ethical issues that it has faced over the last few years by trying to anchor its mission statement by living by The Seven core values which is quality, product, integrity, balance, entrepreneurship, fun and greatness. Lululemon`s employees pay particularly high dividends toward listening and addressing concerns of the customers to maximize satisfaction. By continuing to offer high quality products and service, Lululemon gains a better reputation and greater profit.

offering a unique platform that doesn’t jeopardize security or efficiency. They are creating a consensus mechanism designed to process information from outside blockchains and within them, making the data infrastructure interconnected.

IOTA

IOTA is a transactional settlement protocol that enables you to transact sub-cent values Peer-to-Peer without any transaction fees for either the sender or the recipient. A move away from blockchain, IOTA’s distributed ledger, by contrast, does not consist of transactions grouped into blocks and stored in sequential chains, but as a stream of individual transactions entangled together. In order to make a transaction in the Tangle, two previous transactions must be validated with the reward for doing so being the validation of your own transaction by some subsequent transaction. With this ‘pay-it-forward’ system of validations, there is no need to offer financial rewards. Transacting with IOTA is fee-free.

At its core, the Tangle still has the same underlying principles as a Blockchain: it’s still a distributed database, it’s still a P2P Network and it still relies on a consensus and validation mechanism. Similar to bitcoin, Iota’s network’s security is derived from the strength of its numbers. Hence, the more the number of nodes within IOTA’s tangle, the more secure it is against attacks.

EOS

EOS is smart contract platform that attempts to solve the problem of speed, scalability, and flexibility that often become a bottleneck for blockchain-based systems. It is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform.

EOSIO is software designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. EOS has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.

ZCash–

Zcash is an implementation of the Decentralized Anonymous Payment schem

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.