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Ethical practices are an essential part of business, as it determines organizational performance as well as employee satisfaction. Moral standards and Ethical practice help to develop both economic and social aspects of the organizations. It has been noticed that ethical practices are even beneficial for balancing different stakeholders like customers, shareholders. Apart from business ethics, corporate social responsibility plays an important role in conducting a successful business. This study has focused on the case study of PepsiCo in order to identify the ethical issues of this company. It has been evaluated whether this company is able to balance all stakeholders or not

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