Ethics And Ethics Of Business Ethics Essays
Business ethics is a form of applied ethics or professional ethics that examines principles and moral problems that occur within a business. This applies to all parts of business conduct.Let’s take a deeper look into what exactly is considered wrong in our business world. Monsanto was unauthorized genetically engineered wheat was being developed on an unintended farm.
This was considered a scandal because Monsanto allegedly stopped growing GMO Wheat.
Several international countries stopped trading with the U.S. due to the scandal. The GMO issue is constantly on debate and some people feel strongly about NON GMO. So this would be an issue because they are selling the wheat as NON GMO. These unethical actions lead to many people protesting their products and a dramatic loss in sales in the products that used their additives. Some of the products they grew even poisoned an entire town. Not to mention they caused $700 million dollars of damage, yet the company stayed afloat and won a majority of settlements in court. It broke…