FREE Ethical Analysis of Deception in Business Essay (original) (raw)

Doing research about ethics is a long tradition in human society, rooted in religious beliefs, cultural and philosophical thoughts. Ethics involves moral commitment, responsibility and social justice. The word ethics is derived from the Greek ethiko and ethos, which means custom or practice. As Aristotle said, the concept about ethics includes ideas on the nature and how to apply it. So, the moral reflect individual personality and you can tell the characteristic of a business, because business is the collection of individuals. Therefore, if we don't fully understand about the roles of ethics in business and contribute to build an ethical business environment, there is a good chance that the company will not be able to achieve its goals. Understanding the definition and role of ethics is extremely important in doing business. In this paper, I will analyst about the deception in business, explain the theory, propose several criticism and formulate what I take to be a more plausible theory about the deception in business. .
Firstly, between business and ethics there are always contradictions. On the one hand , society always want the company to create more high-paying jobs , but on the other hand , the company wants to reduce costs and improve labor productivity. Consumers always want to buy at the lowest price commercial establishments also wanted to have the highest rates. Social desire to reduce environmental pollution, the company also wants to minimize the costs incurred in complying with the regulations on environmental protection in their production activities. From which arose the inevitable conflicts in the concept of business ethics, due to differences in the interests of the company for the benefit of workers, consumers and society as a whole. Since all the aforementioned opposition is essential to the management was forced to how to balance the interests of the company for the benefit of the shareholders ( shareholders ) and those with related interests ( stakeholders ) including employees , customers and the general public .

1. Ethical Analysis of the Bernard Madoff Investment Scandal

Through what was perceived as elaborate business tactics and a keen ability for bourgeoning money as a broker/seller, he fashioned his company into a lucrative business worth billions of dollars. ... This essay presents and analysis of the Madoff scandal from a business ethics point of view. ... An Evaluation of Madoff's Actions Based on Ethical Theories When Madoff began his business in 1960 he ran an honest enterprise. ... This theory argues that "deception and fraud is prohibited in the pursuit of profit" and should avoid "exposing others to negative externalities and a...

2. Role of business in society

For example, Joseph Desjardins and John McCall [15] consider Friedman's ethical position -- that business managers should ignore all ethical considerations other than one; to maximise profits -- to be quite radical. ... Because, first, this view conflicts with the accepted view of ethical responsibilities. Desjardins and McCall also point out the political implications of a society in which government does not interfere except to prevent fraud, coercion, or deception. ... It is up to the corporate manager to decide on the best expenditures, given the goals of the company, based on some...

3. ETHICS: A DAY BY DAY COMMITMEN

EXECUTIVE SUMMARY The key of success in a business of nowadays should integrate a very high degree of ethics in its structure. ... To reinforce the affirmation of the allegedly dishonest management, the columnist finishes by saying: "Citi has been sullied by evidence that its stock analysts touted shares of suspect firms to win their investment-banking business and Weill has promised to do "whatever it takes" to get the firm in order" At this moment, a poorly informed reader could suffer a deep deception that leads him/her to avoid the stock market. ... One thing comes apparent, succe...

4. Corporate responsibility

With careful analysis, determination of the most acceptable viewpoint becomes easier. ... The ethical challenge becomes to manage and balance the needs of all the stakeholders. ... The first formulation of ethical behavior is that we should act in such a way that we would have all moral agents act. ... People engaged in business should also refrain from unfair and anti-competitive business practices, and a division of moral labor should exist between business and government. ... As long as there is no physical aggression, coercion, theft, deception, fraud, bribery, illegal, unfair or anti...

5. Ashland Oil Inc.: Trouble At Floreffe

Oil refining remained the backbone of the business, however, with Ashland Petroleum Company (APC) representing about 30% of sales in 1987(1 Harvard pg. 2). ... The oil was carried by the Monongahela River into the Ohio River, temporarily contaminating drinking water sources for area residents in Pennsylvania, West Virginia, and Ohio, contaminating river ecosystems, destroying wildlife, damaging private property, and adversely affecting businesses in the area. ... Legal Analysis It's significant to say that there are legal issues from both a "rules-, and a "regulatory- standpoint...

6. Fraud and Abuse in the U.S. Healthcare System

Fraud is defined as an intentional deception, false statement or misrepresentation made by a person with the knowledge that the deception could result in unauthorized benefit to oneself or another person. ... Abuse is defined as practices that are inconsistent with professional standards of care; medical necessity; or sound fiscal, business, or medical practices. ... Problem Analysis Vicarious liability allows for liability for a wrongdoing to be broadened beyond the original wrongdoer to persons who have not committed a wrong but on whose behalf the wrongdoer acted. ... Providers as well as ...

7. Enron and bad ethics

An Ethical Analysis of Corporate Conduct at Enron Corporation In the fall of 2001, for no apparent reason, Enron's top executives began to resign and one executive even committed suicide. ... Enron divides its business into three core areas, wholesale services, energy services, and global services. ... Enron's asset-based business includes pipelines, Portland General Electric, international power, pipeline and distribution operations, engineering businesses and EOTT Energy Corp. ... (http://news.bbc.co.uk/1/hi/business/2218613) The University of California filed an amended compla...

8. Ford Pinto

"Hence the contractual theory of business' duties to consumers claims that a business has four main moral duties: the basic duty of (a) complying with the terms of the sales contract, and the secondary duties of (b) disclosing the nature of the product, (c) avoiding misrepresentation, and (d) avoiding the use of duress and undue influence. By acting in accordance with these duties, a business respects the right of consumers to be treated as free and equal persons "that is, in accordance with their right to be treated only as they have freely consented to be treated (3)."" ... I feel ...

9. Software Engineering and Professionalism

Requiring continual analysis for mistakes, opportunities, and methods for improvement, the work must not be taken lightly and a large burden is often placed upon professionals to serve society with the utmost responsibility for providing the best solution. ... Software engineers share increasing responsibility to individuals (PC users, patients treated using software systems, customers), businesses, government, and society in general as computer systems start to dominate and control the operation of the world. ... A 1987 poll of Texans (U.S.) showed 78% of the public gave high ratings to do...

Got a writing question? Ask our professional writer!
Submit My Question