Florida International University College of Business State Farm® Financial Literacy Lab http://www.business.fiu.edu/sffll 305-348-1542 Business Ethics 1 BUSINESS ETHICS An analysis of business ethics involves examining the principles and/or ethical problems that may arise a business environment context. Ethics in general is a philosophy that deals with values relating to people’s conduct when it comes to the rightness and wrongness of their actions, and the goodness and badness of the
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Business Research Ethics Business Research Ethics Introduction There are many cases in which business researchers practice unethical behavior. The following article, The Case of Neurontin: Skewed Research in the Service of Selling, written by Annette B. Ramírez de Arellano, DrPH, gives insight to a perfect scenario. This article discusses how Pfizer illegally urged companies to prescribe a drug for off-label uses. Due to such behavior they were fined and penalized. Many companies that sold
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Responsibility in Marketing Annual losses from theft of intellectual property: • Music industry…$12.5 billion • Movie industry…$18.2 billion • Software…$53.0 billion Losses from peer-to-peer downloading is perceived to be unethical by the majority of the US public, but only by one third of college students. Societal Values and Attitudes: • Are relative • Affect ethical and legal relationships It is not uncommon for a person to adapt their behavior and
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Insiders Trading: Is it unethical? Table of Content Introduction 3 Body 3-4 Appendix A 5 Conclusion 5 Work Cited 6 Introduction Insider trading occurs when a trade has been influenced by the privileged possession of corporate information that has not yet been made public. Because the information is not available to other investors, a person using such knowledge is trying to gain an unfair advantage over the rest of the market. You're acting
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important for an organization to promote good moral choices and do everything in its power to prevent unethical behavior from taking place in the workplace. This can be achieved through continuous training and reinforcement of the desired behavior. Unethical behavior in the workplace can be detrimental to an organization because it is both costly and can ruin a good relationship between business associates. There are several influences on ethical behavior. They can range from the diversity of the
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Business Ethics and Corporate Social Responsibility April Duhon DeVry University The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? The effectiveness of the laws that the United States have that are intended to further fair, balanced, and competitive business practices depends on how ethical a business is. Below I will explain why I do not believe these
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ethics they want their employees to always do what is right, even if it might not benefit the company. They would rather have them do that, than make an unethical decision that would help the company. That unethical decision could cause much more harm to the company in the long haul, than the short term help that they got by making the unethical decision. “Apple's legal counsel sent an email to all Apple employees this week asking them to review the company's code of conduct. The email was accompanied
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Different Aspects of Ethical and Unethical Leadership Richard Borashan Randall Carter Jr. Ting-Jung Hsu Ya-Hui Hu University of La Verne October 12, 2011 Table of Contents * Abstract * Introduction * What is the moral responsibility of a leader * Why is the moral responsibility of a leader important * Principals of ethical leadership * Five ethical behaviors * The impact of unethical leadership in organizations * Examples of unethical leadership * Conclusion
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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 ethical conducts that ensure the professional attitude of sales force towards consumers/customers (Chen & Tang, 2006, 69). Recent unethical conducts by Enron and WorldCom highlighted the attention
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#1 – Ethical Issues in Business Whenever there is an unethical action discovered by a company that is brought to light in the public eye, from both a economic and consumer standpoint, I believe there would be significant impacts that would affect the economic and fiscal activities of the organization. On the question of “Are ethical issues more likely to occur in one market type rather than another market type”, I believe that it is not so much a particular market as it is the proper conditions
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