It is important to understand that engaging in unethical business practices will lead to a wealth of problems within an organization. In fact, companies will face many issues such as business credibility, legal problems, negatively affecting workers performance, and employee relations. These unethical business practices will have an impact on a company's environment so let's analyze each part.
Business Credibility: Corporations need to stop overpromising and under-delivering. Do you remember Microsoft Vista operating system that had a long development cycle, which the company promoted to their customers that it would be the next best software, but they had to wait because of several beta releases? The anticipation of the product caused media hype. Unfortunately, once the product rolled out to the public, customers quickly realize that Vista had compatibility issues. It was a disaster launch, and it took the company years to win back …show more content…
If the organization does not obey the federal and state guidelines, they will suffer the consequences of significant fines and penalties. Businesses that break the law will have costly legal battles. It is important not to engage in an unethical behavior because it leads to harmful practices that employees and customers could face criminal charges. "Therefore, ethical behavior falls on the shoulders of all employees of an organization" (Krajewski, Malhotra, & Ritzman, 2013, p. 98).
Worker Performance: A lack of ethics will affect employee performance. Some employees will ignore protocol because they might have to meet a metric to keep their jobs, and to do so, they will engage in unethical behavior to get ahead. Also, the employees that follow the rules but still cannot get a promotion or make more money if they are doing the right thing will start becoming less engaged, which will decrease their
Business Credibility: Corporations need to stop overpromising and under-delivering. Do you remember Microsoft Vista operating system that had a long development cycle, which the company promoted to their customers that it would be the next best software, but they had to wait because of several beta releases? The anticipation of the product caused media hype. Unfortunately, once the product rolled out to the public, customers quickly realize that Vista had compatibility issues. It was a disaster launch, and it took the company years to win back …show more content…
If the organization does not obey the federal and state guidelines, they will suffer the consequences of significant fines and penalties. Businesses that break the law will have costly legal battles. It is important not to engage in an unethical behavior because it leads to harmful practices that employees and customers could face criminal charges. "Therefore, ethical behavior falls on the shoulders of all employees of an organization" (Krajewski, Malhotra, & Ritzman, 2013, p. 98).
Worker Performance: A lack of ethics will affect employee performance. Some employees will ignore protocol because they might have to meet a metric to keep their jobs, and to do so, they will engage in unethical behavior to get ahead. Also, the employees that follow the rules but still cannot get a promotion or make more money if they are doing the right thing will start becoming less engaged, which will decrease their