2. Discuss three ethical dilemmas that your clothing business (thread lifestyle) might be faced with. (6)

Answer 1

1. Sustainable practices vs. profitability: One ethical dilemma Thread Lifestyle might face is the balance between implementing sustainable practices and maintaining profitability. The company may face pressure to use environmentally-friendly materials and manufacturing processes, which can be more costly and ultimately affect the bottom line. This dilemma raises questions about the company's commitment to sustainability versus its financial responsibilities to shareholders and customers.

2. Fair labor practices in supply chain: Another ethical dilemma that Thread Lifestyle may encounter is ensuring fair labor practices throughout its supply chain. The company may source materials and produce clothing from factories in developing countries where labor laws and conditions are less stringent. Thread Lifestyle must decide whether to prioritize cost-efficiency or invest in ensuring fair wages, safe working conditions, and employee rights for workers involved in the production process.

3. Transparency and marketing practices: Thread Lifestyle may also face ethical dilemmas related to transparency and marketing practices. The company may be tempted to exaggerate the sustainability or ethical aspects of its products in order to appeal to socially-conscious consumers, even if those claims are not entirely accurate. This can lead to misinformation and ultimately damage the company's reputation. Thread Lifestyle must consider how to effectively communicate its values and practices without misleading customers or engaging in greenwashing.