Webster’s Dictionary defines ethics as “a set of moral principles: a theory or system of moral values.” (Merriam-Webster, Incorporated, 2011). Every person has ethics that he or she lives by, but sometimes in the business world many unethical business transactions occur. People do not realize that sometimes the statistics that he or she are fed have been falsified in order to get him or her to purchase a product or lure him or her in to participate in via false promises.
The ideas of an unethical business practices to gain a statistical advantage is not a new idea. As a countries economy grows the population begins to see more unethical business practices. One such practice is skewing the research results. The way this is done is my taking the information that is given about a certain product or service and misrepresenting it to make it look like it is a great choice. This technique completely changes the research and twists it in the favor of the product without the consumer knowing what is going on. As economies begin to boom these practices are seen more often.
Medical research is one example of where the statistics could be misleading if they are spun in the favor of the drugs companies. When people go to the doctors he or she expect the best care that his or her money pays for, but sometimes medical reports can be misleading. The healthcare industry is a billion dollar a year empire and there are many people that are out to make money. According to the article Misleading Reporting of Research Results: a Widespread Problem the author talks about how many people who report on the findings during the studies that have been conducted leave out important information (Gary, 2010). This is to per sway the reader into thinking that the product being tested is the right product for them. The deception is there being thrown at the consumer point blank