Civic Engagement
Costco’s code of Ethics is “obey the law, take care of the customers, take care of the people, respect the suppliers.” This code contributes to their success and profit margins while meeting consumer demands.
Consequentialism points out that following their code of ethics has led to higher outcomes for suppliers, customers, and employees, in turn giving shareholders long-term success in their investments.
Utilitarianism proves that following these rules has maximized customer, employee, and shareholder satisfaction.
Ethical labor paying employees proper wages and providing benefits along with providing customers with quality produces, satisfying all parties increases sales margins and profits and could work for other retail companies.