Business Ethics Essay

Improved Essays
From the beginning of time, ethics has always been a topic that comes with a great deal of debate. There are many gray areas when pertaining to ethics, especially in the field of business. However, some actions in the business world are considered more universally unethical. If an action or deed causes harm to innocent, potential customers then it would be seen as unethical. Many businesses have an ethical or moral code that they try to follow. Striving to avoid error, being impartial, truthful, having dignity, courage, and the desire to do good work are all ideals that businesses want to uphold (Wachter). Sadly, these values can easily be shattered with one unethical act. Various actions such as producing unsafe products, deceptively advertising, …show more content…
People can usually trust that they are not buying anything unsafe. Unfortunately, there are times where companies accidentally, or purposely put a product that could harm to endanger their consumers in some way. Businesses must immediately recall and provide their customers with compensation for their faulty product. Not only is the act of selling an unsafe item dangerous, but also it is unethical. Companies generally want to maintain their ethical values when conducting business. Nonetheless, companies still end up having to recall their products even if their intention was not to sell an unfit product. Violating general product safety is considered unethical because the business is causing harm to undeserving people and going against their principles. Some companies many change a material or component of their product to a cheaper version in order to increase profit. While this act may be in the ethical realm, if the change in manufacturing makes the product less safe, then it is putting the customers in danger—therefore being unethical. Other companies may be in such a poor economic position that they are low on motivation or care and end up producing a dangerous product through sheer negligence. Nonetheless, product safety is not an idea that should be taken

Related Documents

  • Great Essays

    Pressures that may be encountered include peer pressure, desire to fit in and fear of confrontation. The price for compromising personal ethics is the guilt and possible negative outcomes far outweigh the pressures. Companies are made of people that make the decisions and people are a reflection or representation of their employer. An unethical person making the decision drives companies that behave unethically. Conversely, ethical people drive ethical companies.…

    • 1486 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    Mamet’s work suggests that the nature and the importance of business ethics are crucial when selling because if you are unethical during the process, this will be known when the transaction is done. Conducting ethical procedures in a business is a necessity because they are a proponent to the morale of the employees. When ethical behavior is treated as a luxury instead of a necessity, the results become detrimental because the characters felt completely fine manipulating their customers to better their chances at winning the Cadillac. The fault lies with Mitch and Murray, the motivational speakers, and Williamson because they pursue their employee’s best sales skills in a way that will force them to make ethical mistakes. Ethical behavior should be encouraged because the behavior helps sales, keeps employees honest to consumers, and does not put a negative reputation on the company.…

    • 1330 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Ethics Of Dumping Essay

    • 1267 Words
    • 6 Pages

    In an ethical manner, it is not morally right to endanger another person 's life in order to make a profit, as it creates more harms than benefits. Companies are dumping dangerous and hazardous products on overseas markets and it should be in the company’s best interest to consider the health and safety of the people and animals. Therefore, the companies acted immorally by dumping harmful products. In essence, dumping refers to the procedure of exporting products that have been banned dangerous in the US, to other countries, mainly third world countries. The harms clearly outweigh the benefits, as these manufactures are knowingly dumping dangerous products available to third world countries.…

    • 1267 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Mike Lynn: Whistleblower

    • 1252 Words
    • 6 Pages

    Cisco and ISS also had a responsibility to protect their own data and also the data of their clients to whom they provided cyber security. In future maybe the company would’ve changed its way without being exposed to lawsuits and hackers. Mike Lynn left them in a really bad situation as they had to change or modify their systems to avoid problems that were created by the leakage of company information. Mike Lynn may have done the right thing but it was still illegal and harmful to the company. It’s extremely illogical for a company to reveal its own secrets and flaws at a conference where they know it can hurt them very badly.…

    • 1252 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    Wallpaper Case

    • 977 Words
    • 4 Pages

    Therefore, negative word-of-mouth communication can seriously harm a company’s reputation, which in turn may lead to less turnover, financial losses and maybe even bankruptcy. The chance that people will talk positively about the brand is the same as the chance that people will talk negatively about the brand (50/50). However, the chance that the company’s reputation will be seriously harmed by negative word-of-mouth communication is almost certain, especially due to the great importance that people attach to word-of-mouth…

    • 977 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    Without employment discrimination laws, it would be possible for employers to not hire, or possible even fire employees based on qualities not associated with the job or their overall employment, such as color of skin, or religious preferences. There also could arise many ethical issues within businesses and employment if these laws weren 't in place. As an example, if there were no discrimination laws businesses could turn away potentially successful employees based merely off of their opinions on certain qualities, or their clients racial, gender, etc. preferences. This would not only be discriminatory, but could cause a huge ethical dilemma for businesses, and their success in the current market.…

    • 1017 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    For one reason,this can bring unwanted negative media attention that may be harmful to their reputation and bottom line;since they are probably still looking for an investor,if they don't get one more layoffs may occur. Another reason ,since Allen has already been fired so any attempt at a lawsuit would infinge on Allen's First Amendment right of freedom of speech. I believe this relates to the utilitarianism theory(book) which in this situation is the one that produces the greatest benefits,in this case several employees not getting layoffs because the company didn't get negative policy from the media,and was able to get an investor;and Allen was able to use his first amendment right but not without consequences. How can ExtremeNet’s leadership best respect the rights of Allen Lopez and ExtremeNet? Explain the impact of your ethical decision on Allen Lopez and the company.…

    • 736 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    The decision maker may gain great benefits from joining OpenTech, but also faces the serious risk being sued by CleverTech if there were to be a connection found between the companies and their respective designs. Also there is an underlying moral obligation that follows the decision maker in which if OpenTech makes CleverTech’s trade secrets fully transparent, CleverTech may suffer greatly in its quest to reach to market. The repercussions from not reaching to market fast enough may put CleverTech, and all of its employees in great risk, even though it may benefit OpenTech greatly. OpenTech also may suffer if CleverTech decides to also attack it with a lawsuit. This could put the small company, including all of the employees/the decision maker, in a great…

    • 856 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Ethical Business

    • 734 Words
    • 3 Pages

    Business ethics are fundamentals which lead business how to perform morally and also widely used in individual’s actions the same as business. When someone said ethical behaviors it generally means the business or company select the correct answer from distinguishing two contrary options. To be specified, they may consider about the effects might result on the environment and community if they doing such an action. Conversely, Unethical business refers to some actions that do not meet the standard for regular business operation and make the wrong decision for individuals and business. Sometimes it is illegally and be harmful to the whole society and business.…

    • 734 Words
    • 3 Pages
    Decent Essays
  • Superior Essays

    As an illustration, it will be difficult for an ethical company to expand their profit. It will be more difficult for those companies because they don’t cheat on their products prices like customers pay high prices on products that is composed with low quality materials. Considering this, the company’s increase in profit will be slower compared to the ones who cheated. But it could also be a good thing, since many customers will buy more from you company due to high quality products. For instance, a company will be behind compared to other companies that gave bribes to politicians or other influential people in business.…

    • 1235 Words
    • 5 Pages
    Superior Essays