...activities, either with other business houses or with a single customer. They can be applied to all aspects of business; from generation of an idea to its sale. Business uses the society for its resources and functioning, thereby obligating it to the welfare of the society. While the objective of all business is to make profits, it should contribute to the interest of the society by ensuring fair practices. However, greed has led the present business scenario towards unethical business practices, legal complications and general mistrust. Code of Ethics Lot of organizations implement the code of ethics in their company polices, which they implement during induction and regular training. A Code of Ethics is generally a more blanket statement of values and beliefs that defines the organization. So what is it for? * Company's assets, funds and records * Conflict of interest * Management and employee practices * Information on competition Ethical Business Practices Here are a few ethical business practices that should be followed to build a honest reputation and ensure smooth running of any organization. * Investors: Ensuring safety of their money and timely payment of interest. * Employees: Provision of fair opportunities in promotions...
Words: 991 - Pages: 4
...Priscilla Alcantar Aug. 12, 2014 Ethical or Unethical Spanking, is it ethical? Some may say spanking is an effective method of discipline. Others consider spanking a form of child abuse. The difference between hitting and spanking forms a thin line for some, for others, there’s a big difference. Hitting is an aggressive behavior intended to inflict harm and pain onto another person. While spanking is a disciplinary action intended to teach or correct one behavior. Spanking is used to teach appropriate behavior but is often interpreted by the child, that to avoid pain and hurt they should not do what is undesired by their parents, at least not in their view. It is a parent’s job to teach their children about rules, morals and values....
Words: 1306 - Pages: 6
..."felt persecuted, bullied, threatened, attacked, or injured by others prior to the incident". While two-thirds of the cases did not directly involve school bullying, "a number of the attackers had experienced bullying and harassment that was longstanding and severe. In those cases, the experience of bullying appeared to play a major role in motivating the attack at the school (US Secret Service, 2000)”. Ethics is another factor to consider when thinking about bullying and its effects on the victims. Burke and Richer break down behavior into two groups. Clearly wrong and conditionally wrong, of the two clearly wrong would be the proper fit for the topic that I am discussing. Clearly wrong includes behaviors which are so widely viewed as unethical that few people would attempt to justify them on moral grounds ( Burke and Richer, 2007). Researchers have found several different factors which contribute to a person becoming a bully and the victims of bullying. In this paper I will discuss the suggested causes of bullying. The causes are family/home environment, academic/school, and physical characteristics. In...
Words: 1830 - Pages: 8
...Is it ethical or unethical to shop at Walmart? “If we work together, we’ll lower the cost of living for everyone… we’ll give the world an opportunity to see what it’s like to save and have a better life.” –Sam Walton (“What We Do”) Walmart was founded on the belief stated above by its founder Sam Walton in 1962. “Saving people money, so they can live better,” was the main objective when Sam Walton opened the doors to the first Walmart (“History”). Today, Walmart is the world’s largest retailer and corporation in the United States and have been awarded and recognized by various organizations for being the best employer throughout United States and other countries. By the Fortune magazine, it is listed as one of the most admired companies in America and many others praise Walmart for its accomplishments (“Is It Ethical to Shop at Walmart?”). Although, Walmart has earned popularity for the low price it provides, they are frequently faced with a lot of criticism and law suit for its employment practices made nationally and internationally. Some of the unethical practices the public criticize Walmart for are discrimination against women, low wages, and bad working conditions. Today, Sam Walton’s promise of a “better life for all” is questioned by employees, unions, environmentalists, recording artists and human rights organizations [Source]. This leaves many consumers to ponder if it is ethical or unethical to shop at Walmart? As mentioned in the above paragraph, Walmart...
Words: 2953 - Pages: 12
...Unethical versus Ethical Leadership Thomas Reyes Grantham University Abstract What quantifies a good leader? Is it their ability to run a company effectively or is it the way they lead their team through ethical behavior? For leaders, having the ability to influence people while doing the “Right Thing”, is one key to leading both people and the company to success. But being a leader is not an easy task as they have to balance both the company’s interest and make wise ethical decisions at the same time. For the most part, leaders have strong convictions of what they believe to be true without the need of thinking about it in a conscious way. Having courage is the ability to the right thing when most people would do the wrong thing because it is an accepted practice in most corporations. But when a leader is faced with doing the right or wrong thing, what tools do they have to help them make that decision. Navigating through the fear of not succeeding is a powerful thought and feeling that leaders battle with most. So how does a leader find that courage? First, they have to believe strongly that the that the decision they are making is higher than themselves. Its purpose out weights the personal gratification. Second, displaying true kindness for your team or others, will usually rub off on people who also believe in your plight which creates strong ties among perfect strangers then lend support. This can be from family, friends or perfect strangers. Either way, it’s...
Words: 1084 - Pages: 5
...Running Head: Placebos Paris Barnett Placebos Ethical vs. Unethical Dr. Boehm April 21, 2014 Introduction The placebo drug, commonly known as the “sugar pill”, is a drug used by many physicians and doctors to test their patients on mind-control and their behavior to a trial or experiment. Patients however, do not know they are given the placebo and routinely report changes in their behavior and/or state of being. Many even report the symptoms of the drug they originally thought they were receiving. The articles used are common studies of the Placebo Effect. The first article is about the unethical use of the placebo and how many persons are deceived by the drug that encompasses their body. The second article speaks on the clinical and neurobiology aspects of placebo drugs. The third article is a study that Dove manufactured for women and their inner beauty; the study went viral throughout the United States very quickly. All three articles build upon one another to show how science has evolved throughout the years. Study Dove composed a research study in which participants were to use a patch to make them feel more beautiful than they already felt. They wanted to see if women would be able to feel their inner beauty by themselves or would they need help from a stimulant of some sort. They used several different women; of different races and backgrounds, to make the trial study a reality. The women were to place the RB-X, or beauty patch, on their...
Words: 1247 - Pages: 5
...------------------------------------------------- ethical AND UNETHICAL practices of pepsi Class: BBA Hon’s Semester: 6th Topic: Ethical and unethical conduct of pepsi in different countries Submitted to: Madam Mehwish Name of Participant: Mubashir Irshad Safeer Hashim Usama Fiyyaz Shahriyar Shahid ACKNOWLEDGMENT Alhamdulillah first and foremost, we would like to thank God as finally we were able to finish our assignment. Secondly we would like to thank to our supervisor of this assignment, Sir Mehwish for the valuable guidance and advice. He inspired us greatly to work in this assignment. His willingness to motivate us contributed tremendously to our assignment. We also would like to thank him for showing us some example that related to the topic of our assignment. This research assignment would not have been possible without the support of many people especially group members; Mubashir, Safeer, Usama and Shahriyar for sharing the literature and invaluable assistance. Without helps of the particular that mentioned above, we would face many difficulties while doing this Introduction of Pepsi Co. International: Mr. Caleb Bradham a young pharmacist from New Bern, North Carolina City. In January 1898, this was the starting period of Pepsi-cola. Caleb Bradham created a drink, which is call "the Brad Drink". In 1903 Brad index the name drink Pepsi. At Marco level he ongoing his own produced and build his own organization. The trade extended and this drink...
Words: 2062 - Pages: 9
...Slavery was an ongoing issue from the 17th–21st century, starting back when the first colony Jamestown was founded, all the way until after the Great Depression. Plantations and inventions encouraged the trade of slavery in America, also creating a big economic boost in the colonies. The slave trade was a continuous profit for the economy of the world. In the early 1800’s Americans felt that slavery was unethical, and then began the rise of the abolition movement. Closing out, with The South boils over with the election of Abraham Lincoln, which brings about the Emancipation and Civil War. In 1607, the colony of Jamestown was founded, and at this time they did not have slaves. In the following years, specifically 1619, twenty some odd slaves...
Words: 284 - Pages: 2
...case with Maher Arar, then this only hinders the reliability that torture has in obtaining information in certain situations. Such arbitrary and baseless detention occurs in places like Abu Ghraib in Iraq and Guantanamo Bay in Cuba. In addition to this point, neurologists state that the brain is limited in functioning correctly during intense physical stimulation. That being said, using techniques such as torture that inflicts such pain on a person can stop them from offering information since the mind has a much harder time comprehending it. It is concluded that torture is not only extremely damaging to its victims, as well as it has been proven in ways to not be as a great of an information source as torturers might think. The moral and ethical aspects of torture are not easy to debate due to their controversial nature and how relative they are from person to person. However there have been proven to be viable reasons for utilizing the use of torture. In instances where the typical timebomb scenario is occurring, there is no other option in order to maximize well-being. Torture can be justified providing that there is a clear intention of simply extracting information is maintained and not inflicting punishment on the victim. An example that is considered to be a rare incident with torture turning out to be successful in saving lives is the plot of Ramzi Ahmed Yousef, Abdul Hakim Murad and Wali Khan Amin Shah. Their terrorism idea was to bomb eleven passenger airliners from the...
Words: 659 - Pages: 3
...Introduction All of companies should be use the ethical decision to development their business on the right way because it’s a behavior of company showing to the publics and also responsible to social or public. The decision of company might be influence the company and public if they are taking the unethical idea to run for business. Therefore, the decision makers have to consider the benefits of company and to avoid the bad influence for public before make any decision. Kentucky Fried Chicken (KFC) is a well known fast food brand in the world; it was founded by Colonel Harland Sanders in 1952. (KFC.com) KFC is a chain restaurant in the world to selling fried chicken to customers; it has more than 11,000 branches in more than 80 nations over the world. The products of KFC selling are fried chicken, nudges, sandwiches, desserts, salads and so on. In addition, KFC not only selling the food also selling the service to customer to attract them comes to having meal at there. Kentucky Fried Chicken is one of the well-known fast food restaurants in the world. It operates in 74 countries and territories throughout the world. KFC began with Colonel Harland Sanders. He discovered his penchant for cooking when he was only 9 years old. Through the years he grew up to become a personage the world knows as Colonel Sanders, founder of KFC. KFC has more than 11,000 branches in more than 80 nations and territories all over the world. KFC now regarded as the most chicken restaurant chain...
Words: 497 - Pages: 2
...Essay Q2 - Are Joe’s actions ethical or unethical? Explain. Before going in to the analysis of Joe´s actions it is important to point out that there are many different thought of school when it comes to ethics and morals and great philosophers throughout history has had a hard time deciding on any one universal ethical law. I personally tend to lean towards a mix of deontological ethics, where any acts is to be determined ethical or unethical based on whether it follows a certain set of rules or not, and what my religion teaches me namely that all actions are to be judged in the light of the persons intention. Given this background we first need to break down and understand what Joe has actually done, and why. Only then can we try to tie all pieces together to get a holistic view of the situation and determine whether his actions were ethical or not. Instruct subordinates to set aggressive targets I have a hard time finding anything unethical about asking your subordinates to set aggressive targets with the pure intention and belief that it will lead to better performance, given everything else remains the same. As a division-manager Joe is hired to do his best to get his division to perform at its top. If Joe sincerely believes that by simply asking his subordinates to set aggressive targets would make them perform at their best, given it does not harm other parts of the firm, it is his obligation to do so. To make it even more clear let us turn it around. What if Joe believes...
Words: 1108 - Pages: 5
...Is spy cams use in organization ethical or unethical? It is practically impossible to avoid crime today and even more impractical to believe that you will never be affected in some way or the other. Trusting is out of the question and people have become dependent on security alarms. The images from the spy camera can be transferred onto a PC or laptop which allows the viewer to pause and rewind as and when the need arises. A spy camera is useful in business organizations. Over the years, the demand for these cameras has increased which has added to the list of companies that manufacture them. A spy camera is very popular in business organizations as proprietors are always looking to ensure whether the employees are working well ,making it impossible for a third party to find it. [pic] [pic] But the question is spy cams use in organization ethical or unethical? It is unethical • It is unethical as employee being unaware that they are being intentionally monitoring. • personal information of employee is not secure • Employees don’t know that their performance is evaluated through spy camera. It is ethical • One should take spy cameras seriously so as to avoid a illegal activities in organization • See the employee break the rules of organization • To ensure the security • Complete and fool-proof security system • Make sure to do a background check on the...
Words: 398 - Pages: 2
...It is not ethical to medically experiment on humans. However, others argue that medical experimentation on humans is ethical. First, Charlie hit his peak intelligence, and had overheard what had happened to Algernon. “Burt, who is in charge of the experiment animals, tells me that Algernon is changing. He is less cooperative; he refuses to run anymore; general motivation has decreased” (77). When an experiment fails, it could have a bad outcome. The outcome could result in death or serious side effects that change the human subject’s life. Next, Charlie’s intelligence rapidly declined as quickly as his intelligence had increased. All Charlie wanted to do was lay in bed. “Why can’t I remember? I’ve got to fight. I lie in bed for days and I don’t...
Words: 410 - Pages: 2
...business doesn’t bother about the ethics. As a result the lack of business ethics in the market is the reason the world economy is presently in crisis. If an organization practice ethical behavior that creates goodwill and reputation which, expand that organization’s opportunities’ for profit. It’s a long term strategy. Here we have discussed about the ethical factors that should be practiced in business: • Investors ensuring safety of their money and timely payment of interest. • Employees provision of fair opportunities in promotions and training, good working conditions, and timely payment of salaries. • Customer complete information of the service and product should be made available. Personal information of the customers should not be used for personal gain. • Competition unscrupulous tactics and methods should be avoided while handling competitors. • Government rules and regulations regarding taxes, duties, restrictive and monopolistic trade practices, and unlawful activities like corruption and bribing should be adhered to. • Environment polluting industries should ensure compliance with the government norms regarding air, water and noise pollution. These things help to build an honest reputation and ensure smooth running of the organization. Unethical Business Practices: • Resorting to dishonesty, trickery or deception....
Words: 792 - Pages: 4
...In the business world, unethical practices are wildly used as an easy way to success in a business, but ethical business practices can be used by businesses to maintain their integrity while being successful financially and in other business aspects. An example of a successful company that has had much favourable outcomes from incorporating ethical practices is IKEA. IKEA was founded in 1943, and since then has been striving to implement ethical conduct. IKEA has demonstrated ethical conduct by its efforts in striving to be environmentally friendly, remaining true to its ‘no bribes’ policy, and its strict rules on child labour. IKEA’s success can be a model by other businesses. Many companies involved with unethical conduct usually face the consequences of their actions in the future. Although the company may be fooled by immediate and positive results from their actions, many have failed because of immoral decisions. Some examples of these failures are bankruptcy, or decrease in customers. Ethical business practices can have a more positive and even long-term impact on a company than unethical business practices. As a company, IKEA prides in itself for delivering affordable, sustainable, and environmentally friendly goods. “The company is doing pretty much everything it can to make its products, and stores, as energy-efficient and sustainably produced as possible as part of its program of ‘never-ending improvements’.” IKEA has implemented many strategies to achieve this...
Words: 1490 - Pages: 6
