Waste Management Scandal
Janice Whitted
Strayer University
Professor Steven Brydges
October 29, 2012 According to your dictionary (2012), ethics in is the moral standards of determining the behavior of others and assume that “do unto other as you will have them do unto you”. In business, you have to consider the consumers, clients, and shareholders. Because these people has such a significant factor in your business dilemma arises among the different interest it can become extremely tricky. Business ethics become multi-faceted and complex. Many factors affect business ethics, honesty, carefulness, objectivity, integrity, legality, respect of colleagues and others. You have social responsibility, human subject protection, competence, responsible mentoring and publication, as well as non-discrimination, openness, confidentially and respect for intellectual property.
The Securities and Exchange Commission (SEC) governs the way stockbrokers and investment bankers do business. Accounts ethics differ from other business ethics, especially public held corporation accountants, they depend upon complete transparency and honesty. Shareholders can be harmed when they act unethical.
In this day and time, ethical thought s has gone out the window and greed has become the focus. During the GMC bail out, executives used the monies to meet their needs and not concern about the employees, stakeholders, or the economy. The executives flew to Washington in private jets to ask taxpayers for bailout monies, when questioned about why they did not use commercial transportation, they replied for safety reasons. Waste Management a Houston based company, in North America, they are the leading provider of comprehensive waste management and environmental services and in the United States they are the leading developer, operator and owner of waste to energy and landfill, gas to