When it comes to running your own business, resources are precious and the urge to do something unethical may be stronger than ever! Give an example of something a business owner has done that you are aware of that is legal, but not ethical.
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When it comes to running your own business, resources are precious and the urge to do something unethical may be stronger than ever! Give an example of something a business owner has done that you are aware of that is legal, but not ethical.
Step by step
Solved in 2 steps
- How can a business company or organization solve unethical issues? Alternatively, how would you solve it? Justify your answer using at least two ethical views or theories.Does your organization (or one you are familiar— STATE FARM INSURANCE ) have a code of ethics? What are important elements to ensure the code is effective? How can firms best ensure that their code of business ethics is read, understood, believed, remembered, and acted on, rather than ignored?Discuss some of the ethical dilemmas that your business might be faced with.
- An organization's code of ethics establishes the moral standards or guidelines that each employee must follow when making decisions and acting. As you evaluate the content, organization, and tone of the code, keep this statement in mind.Starting up and managing a business requires one to act responsibly and ethically at all times. It is also imperative that one carefully considers the management team and the opportunities that franchising presents to a business to create a bigger brand name and increased market share. In this task, you will discuss some aspects of franchising and develop a brief code of conduct for your business. Discuss some of the ethical dilemmas that your business might be faced with.Do laws and regulations always restrict or impede the efforts of business professionals, or can they actually help businesses? Explain your answer.
- In todays world it is not possible for a business to make profit unless it employs unethical practice. State the Pros and cons of the same.Decide what is the most ethical way for the company to proceed: Here are some questions to get you thinking about it: Why is your decision the most ethical way for the company? For whom in the company is it most ethical? How do you know it is the most ethical? Discuss your answer in your best writing, within 150-250 words. A company runs a large technical support office. At any time, about 50 technical support specialists are on duty, answering phone calls from customers. The company is considering paying the technical support specialists based on two criteria: the average number of phone calls they answer per hour and the results of occasional customer satisfaction surveys.If you were faced with an ethical dilemma, from whom would you seek advice? Describe some decisions that might be good for an organization’s profitability in the short-term, butbad for the organization in the long-term. What factors would you take into consideration if you were thinking about leaving your job ratherthan do something unethical?