Business Ethics Unethical Business - 1526 Words

Carlos Mendez Professor Benton Phil 2306-83004 16 February 2016 The Unethical Business in Business Ethics When people think about ethics, it is usually about making decisions between good or bad. What is meant by this is that people normally think of doing good deeds, or giving to the disadvantaged as the typical form of ethics. What generally eludes most people, is ethics in the form of selecting between better or best. A great example can be in movies, where a superhero will be required to save one of two people. It is either a loved one, which it would be best for the hero’s personal interests, or a fellow superhero, which will be best in the interest of the people. An ethical choice of this nature is never an easy one to make. Another place where ethical choices are often made, but not regularly heard about is in businesses. The main purpose of a business is to remain profitable and continue operating as efficiently as possible. Ethics tie closely into business decisions because businesses normally have to make choices that might hurt others but will benefit their own company. Although some of these choices are in the best interest of the company, sometimes these decisions are only in the interest of those breaking ethical code. Choices made by a company can sometimes be misunderstood as unethical due to the severity of the decisions made. Recently, reporters Zach Carter and Ryan Grim posted an article in the politics section on Huffington Post about UntiedShow MoreRelatedEthics And Unethical Business Practices860 Words   |  4 PagesIn the past 20 years business failures, corporate scandals, and unethical CEO’s have been in the news on a constant basis. Enron, Worldcom, Hollinger International, Tyco, and Yahoo! suffered losses as a result of unethical business practices. Key factors, such as, productivity, retention of talented employees, business credibility, and legal issues decide whether a business will be successes or unsuccessful. The organization and its employee’s ethics, direct these factors to either increase or decreaseRead MoreThe Ethics Of An Unethical Business Practice1370 Words   |  6 Pagesof an unethical business practice can only come forth if the head of the entity deci des to turn a blind eye to what is happening within the organization. Dependent on the ethical stance of those leading the company, the concern for social responsibility will or will not be sizable. Ethical Theories. In accordance to the ethical theories that are known to society Pharmacare’s actions can be gauged on an ethical scale. The theories range from Utilitarianism, Deontology, Virtue ethics, and Ethics of careRead MoreAccounting Fraud And Unethical Business Ethics Essay1931 Words   |  8 Pagesexecutives such as Kenneth Lay, Jeffrey Skillings, and more. In 2000, its stock was rising by three to four hundred percent. Suddenly, Enron declared bankruptcy in December of 2001, which shocked people everywhere. Accounting fraud and unethical business ethics committed by the company were surfacing and thousands of people were losing their jobs and benefits. The route of Enron’s downfall was not the fraud, but the lack of moral compass within the founders and executives of the company. By havingRead MoreSales Ethics Is an Oxymoron1567 Words   |  7 PagesIs Sales-Ethics an Oxymoron? Globalization highlighted the ethical issues and concerns for every individual organization, multinational organizational conduct their operations under ethical code of conduct to confine the issues faced by unethical conducts. Many organizations such as pharmaceutical firms, technological firms and financial firms pay more attentions to ethical behavior to ensure the sales to consumers have been impeccably ethical. However managers pay attention to behavioral ethicalRead MoreSocial Implications Of Business Ethics1601 Words   |  7 PagesAssignment 3 Social implications of business ethics Introduction In this assignment I have been asked to describe the social implications of business ethics facing a selected business in its different areas of activity. I have then been asked to assess these social implications of business ethics. The business organisation I have chosen for this assignment is ‘Boots’. Social implications (P3) Social implication is a term used to describe the actions of a business that will have an impact on societyRead MoreUnethical Behavior And Ethical Behavior1519 Words   |  7 PagesUnethical behaviour and ethical behaviour are two factors that are found to be very different around the world. Ethical behaviour can be seen to come from an an individual with a high morality and proper conduct. Unethical behavior, defined as behaviour that violates generally accepted moral norms (Jones, 1991) can usually come from an individual that does not abide by the rules of morality. The professional world is where ethical and unethical behaviour is a constant topic. The professional worldRead MoreThe Evolution Of Business Ethics852 Words   |  4 PagesThe Evolution of Business Ethics Tim Bowles OMM-640 Business Ethics and Social Responsibility Dr. Andree Swanson May 17, 2015 Abstract Just as individuals differ, so do their ethical concepts and value arrangements. Personal guidelines or policies for everyday ethical conduct. Like all policies, a code of ethics must be capable of being enforced. Just as if people, corporations and businesses too, have their ethical concepts, systematic science, and a business philosophy they must followRead MoreEthical Behavior : The Good And The Bad828 Words   |  4 PagesUniversity â€Æ' Ethics is needed within every organization. Before I get into that concept in great detail, I would first like to explain what ethics is. â€Å"The concept has come to mean various things to various people, but generally it s coming to know what it right or wrong in the workplace and doing what s right† (McNamara). This doesn’t intercept with the law. Yes, many legal things can be considered ethical and many illegal things can seem unethical, but many legal things can also be unethical. ThereforeRead MoreEssay about Business Ethics1439 Words   |  6 PagesWhat is ethics? Ethics can be defined as a set of principles used by an individual to govern his or her decisions in an effort to ensure fairness and equality. Business ethics, as defined by the Stanford Encyclopedia of Philosophy is the applied ethics discipline that addresses the moral features of commercial activity. The same source also gives a history of business ethics which states that the concept as an acade mic principle is relatively young-only about forty years old; but in general is asRead MoreWeek 2 Essay747 Words   |  3 Pagesï » ¿ Business Research Ethics William Holloway January 8, 2014 Rosa Osuoha, Ph.D Business Research Ethics Consumers in today’s society are careful about how and when to invest his or her money in today’s ever changing economy. Organizations around the world are penalized for failing to follow the new laws or sanctioned by the security exchange commission. The precautions are put in place to help protect the organizations shareholders and investors.   Ã‚  Ã‚  Ã‚  Ã‚  One