Role of ethics in tobacco industry, liquor industry

Ethics play very important role in the success of any industry. Industries are now trying to create some ethical laws for their further practices.

For
- Companies doing business in ethical ways are far ahead than the companies who are using unethical means of doing business.
- Companies following ethical principles help them to get good investments from the shareholders and investors as they trust the business of company.
- If industries like tobacco and liquor are following ethical principles then they can freely distribute it.
- Profits earned by ethics are more valuable then by doing illegal work.
- Government also supports ethical industries which are running such businesses.

Against
- The industries like tobacco and liquor can’t be made legal even if they have ethics because they produce and sell harmful substances to the consumer which is unhealthy for their health.
- Such industries are playing with the health of consumers as they are more interested in making money.
- They are promoting their product in such a tempting way that young generation has started taking it putting their life at risk at an early age.

Ethics play a major role in the success of every industry but there is no point of talking about ethics in the case of industries like tobacco or liquor which in no way think about the health of people of the country. They are making products and promoting them in such a way so that its usage increases day by day so that they can get huge profits at the cost of consumers’ health.