The Ethical Dilemma Of The Business World

Every day businesses are faced with making decisions that can have far reaching effects within their organization and the communities in which their business are based. Company Q is one of these businesses. Recent decisions made within this company have demonstrated a trend that would suggest Company Q has a negative attitude toward social responsibility. This attitude can be evidenced by the closing of two stores in high-crime rate areas because they were consistently losing money, offering minimal amounts of health-conscious and organic foods despite high demand, and declining donations of day-old products rather than donating these items to the local area’s food bank due to concerns of fraud and stealing by employees.

Usually, most corporate espionage schemes are conducted by business insiders or people who have legitimate access to a company’s computer networks, for example, employees, information technology personnel, or corporate executives. Mostly, such schemes are carried out by these insiders, whose motivations might be lack of loyalty or job dissatisfaction.

Today, executives are having a rough time juggling between the demands of the workplace and those of their families and other personal responsibilities. In a bid to meet targets and other organizational goals and objectives, business executives in addition to traveling extensively also tend to dedicate long hours to office work.

If something is legal, is it also morally correct? Is it morally correct going against the company one works for so a former employee may win a case? Or looking from the flip side: is it morally correct to deprive someone from a fair trial so one’s company could keep good face? The Labor Relations case puts into doubt whatever standing one has about this issue. In this case, Tom the company’s new Loss Control Specialist, is the one deciding if he should throw away all evidence older than five years incriminating the company of unsafe practices or reveal to Stubbs that there are documents older than five year. If Tom throws away the documents, he may not suffer any physical consequences, but could possibly cost his friend Stubbs a court case. However, if he doesn’t throw the documents, his and his company’s reputation may be harmed while also facilitating his friends Stubbs monetary win. What should Tom do?

We live in a world where we face challenges daily, ethical pitfalls are those things that we do knowingly or unknowingly. (Lying, cheating, falsifying documents in order to gain an advantage over the competition and a host of others; if you are in the business world and you are working on a deal you would call in a favor from a friend or even a family member to get the deal done. It may seem harmless to you and you would justify it in any way possible to make it seem like it’s not wrong but you know that you are not supposed to use any undue pressure to get the deal done but you used an inside source to complete the deal. In the end, you close the deal, your company is happy but someone may have lost credibility due to your actions. You can

Corporate espionage, according to techtarget.com, is the “illegal practice of investigating competitors to gain a business advantage”. There are different ways this can be done, but some of the most common are an inside threat, social engineering, and targeted attacks. An inside threat could be a person hired by a company to seek employment in a rival company with the purpose of spying or it could also be a dissatisfied worker who exchanges information with rival companies as personal revenge or gain. Social engineering is the practice of obtaining information about a company form the employees by tricking them into sharing important information. A targeted attack is a cyber-attack conducted with the purpose of gaining access to the network of the targeted company to steal data.

This case presents a very typical situation that people encounter while working in the corporate environment. What is ethical, what is morally correct and what is just right out against the law are the questions that we all face while working in a corporate environment. Some of the ethical questions are governed by the law facing the situation. For example while working in an investment bank you most probably have access to inside information about upcoming deals that one could possibly use for personal monetary gain or you could act as a tippie and possibly share that confidential information with others. This kind of a situation is definilety governed by the law and you can actually be charged with various

As a manager, you are the role model for staff. You set the standards, adhere to guidelines, and exemplify what you expect staff to model. By doing so, you are establishing and sustaining an organizational culture of ethics and integrity, which is the backbone of all successful endeavors. However, even the best structured organizations face ethical dilemmas in the workplace. It is how management recognizes and addresses these occurrences that will either set them and their team up for success or for failure. One of the biggest hurtles management can overcome is to be aware of their surroundings because when management fails to notice and act, it is an “ethical failure” (Bazerman & Sezer, 2016, para. 5).

Human capital is a corporation’s most valuable asset, and effective management of its resources is a primary concern of any business. Employers spend a considerable amount of time trying to decrease wasted time by their chief resource while effectively increasing productivity. Recently, management challenged us to suggest ways to use modern technology to covertly evaluate and quantifiably measure worker productivity. Because of the recent revelations of governmental overreach in spying on Americans disclosed by NSA contractor, Edward Snowden, the dichotomy between spying and privacy is front and center in the public’s consciousness. Surveillance programs do not solely exist in national security; surveillance techniques have been coopted by business to monitor and track employees. As George Orwell observed in 1984, “the consequences of every act are included in the act itself” (1949, p. 36).

Research reveals that the lines between competitive intelligence and corporate espionage can become blurred. Thus, the question arises, what are the legal consequences of unethical competitive intelligence? The following case demonstrates that the blurring of ethical lines can lead to serious legal trouble (Ellison & Fairclough, 2001). For example, Procter & Gamble (P&G) staff engaged in

Galen McDowell was a good salesperson who knew how to purchase the higher performances out of the salespeople under him. Bob wanted to sign a big contract with Kinan Motor who

It does not pay to be unethical at work, sometimes choices are made that are unethical and consequences must follow. Hiring honest

A rising number of businesses are using technology to monitor their employees ' emails, phone calls, and movements. Your employer may be watching and listening, monitoring employee privacy has become a new controversial issue in the field of business ethics (Mishra and Crampton, 1998). As long as there has been employment, employees have been monitored (Nebeker & Tatum, 1993). In recent years, however, due in part to new technology that makes it easier, there has been an explosion of electronic monitoring and surveillance in the American workplace (Botan, 1996).

There are many ethical dilemmas one can face while in a workplace. Some are easy to handle, while others do not have a quick solution. There are also many different interactions that can take place. Ethical dilemmas involving a request from a boss have proven to be difficult situations to handle. In the workplace, it is vital to have a strong relationship with a boss. This is what makes an unethical request from a boss such a hard situation to be put in. One wouldn’t want to sacrifice the relationship they have with their boss. At the same time however, it is an even stronger battle to fight one’s morals and what they believe to be ethical. In this discussion I will breakdown my strategy of getting out of this specific type of ethical dilemma: my boss will allow me to submit inflated expense reports in order to pocket the extra cash as well-deserved compensation for my contributions.

In this essay, I will discuss three sections of business among many which hold ethical issues. Those sections are advertising, product liability, and leadership ethics. Within the three sections, I will identify and briefly discuss three specific ethical issues. I will then choose one ethical issue and go into the detail about how ABC Widgets Inc. will implement a policy on how to avoid the ethical issue.