The Ethics Of An Unethical Business Practice

Abandoned minors are no longer protected from liability on their contracts, merchants are still reluctant to deal with them on a credit basis, fearing that they may still attempt to disaffirm, or

This paper is composed for the individual assignment for week 2 of the MBA 633 Legal Issues in the Workplace course. The topic for this assignment consists of the differences between ethical and legal business issues. This paper will provide answers to questions related to employee behavior away from the office, and the Foreign Corrupt Practices Act and bribes. Both topics have been presented in the form of video cases (video 93 and 98) found in the Cengage digital video library.

A business is created to make money, it may originally be made to help people, but in the end the pocket book of stockholders and owners is what managers focus on, and what employees are hired to do for the company. This means to do whatever it takes to make money, however, you need to stay with in the law and in many cases be socially ethical in business practices. When you fall out of these boundaries you will find yourself on the front page with your stocks dropping and a loss of profits you have been trying to increase. It is understandable that social ethics is not a companies sole priority, however, when you forget you have a

Pamela Toyne has been employed with Event Health Services since February 2003, during her 13 year tenure with the organisation Pamela has always worked in volunteer support roles, including her current role of Event Services Team Leader. Pamela’s dedication and loyalty to St John Ambulance WA has been second to none and she proves time and time again that she willingly goes above and beyond the call of duty.

Luke, an ABC employee, is currently working on a land development project consisting of building an adult entertainment store in a neighborhood where Luke’s brother, Owen, lives. Luke knows that Owen has been considering selling his home but that he is putting it off expecting the real estate market to improve in a few years, yet Luke knows that the project will cause the opposite effect.

In this essay I will be answering the question; Are businesses that act unethically destined for failure? It’s no secret that many, if not the majority, of the world’s most famous companies have been accused of acting in an unethical manner; but the unasked question is why do so many get away with acting unethically. The definition of the ethics is “the study of practices and policies in business, to determine which are ethically defensible and which are not” (Jennifer Jackson 1996 page one)

A company has the responsibility to represent the best instrest to all stakeholders. If a company purpose is to gain weth than it should not give a deceiving picture about caring for the wellbeing of the world. PharmaCARE is a deceiving company because they display on thing but do another. The company favors its executives more than the employees in Colberia. This shows that the company has a a double standard. The lobbying shows that the company is only to appease its American shareholders. Lastly, providing employment to individuals for only a dollar a day is not ethical. This company cannot be regarded has ethic because it disregards basic human

Over the past couple of decades, a sudden change has started to take over the way business is done. The time when no rules applied, and anyone could do what they pleased at the cost of others or the environment is rapidly ending. Instead, companies today have become aware that it is essential for them to employ ethics and morality in their actions, if not they will be heavily scrutinized and rejected by the public. This way of thinking also applies to the pharmaceutical industry, which over the past century has been rapidly expanding. Do to the fact that this industry can determine the health and lives of millions of people, it is imperative that this industry follow an ethical and moral path.

PharmaCARE needs to make several changes in order to become more ethical. Firstly, PharmaCARE should pay the Colberians a fair wage for labor and also offer free healthcare. PharmaCARE should offer back-pay to make-up for any time of any under payment. While it is true that the company provides its employees with economic benefits, their compensation toils in comparison to its executives. While lower level employees should not expect PharmaCARE to provide all of its workers with the same amount of compensation of an executive level, it should at least raise compensation to poverty line standards. Secondly, no matter the amount of information or labor wanted for the purpose of making a profit should be compensated. PharmaCARE needs to stop

PharmaCARE (We CARE about YOUR health®)\is one of the world’s most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produced high-quality products that saved millions of lives and enhanced the quality of life for millions of others. The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently launched a new initiative, We CARE about YOUR world®, pledging its commitment to the environment

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.

Ethical standards in business can be divided up into three levels. These levels are law, policies, and individuals. In the United States, we are bound by laws. With these laws, we distinguish right and wrong, and what is accepted by the majority of citizens in terms of behavior. Businesses have to abide to these laws at all time. There are laws on wages and hours to protect employees, but there are laws on environmental responsibility too. For a business to be considered ethical, at first, they should always follow the law. The law however, does not always guarantee ethical conduct as there is a thin line between legal and ethical. A business might act legally but unethical at the same time. In this case, the business must see to that themselves if this is ethical or not.

This case study was a powerful example to illustrate the presence of ethics within the

Deontology principle says that “ A person should not lie, even when lying seems to produce a good result” (Halbert/Ingulli 2012). Based on this theory PharmaCare is not ethical. They lie about their initiative by using the slogan we care about your health while supporting the PAC to block any environmental protection laws and regulations. They preach one thing and doing something that is contrary to what they preach.

1. How would you advise Craigslist? Discuss the legal and practical issues involved and how they should be resolved, and explain why?