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Unethical Behaviors in Enterprise
The reason for unethical practices on the part of business professionals may initially seem to be obvious: to make more money. However, while on the surface this may be the case, and often money plays a critical motivating role to run afoul of the law, there are often deeper psychological motivations for unethical behavior. An individual may cheat a company he or she works for because he feels underappreciated. Thus he or she 'deserves' some extra perks that are listed as 'business expenses' on a tax form or company expense account. The businessperson may subconsciously feel guilty working long hours at work, and thus buy extra things for friends and family on the company dime. The unethical businessperson may have a superiority complex, and enjoy cheating customers and employers for the sake of feeling clever, even if what he or she gains is relatively small. Getting excessive compensation for work may be a 'power trip,' as might have been the case for the CEO of Tyco, famed for reaching 'deep' into the company coffers for lavish parties and perks, despite a generous executive salary.
Other reasons may be institutional -- a harried employee may cover up mistakes, for fear of losing a job or a client in a pressured situation. or, an employee may be asked use unethical accounting practices to cover up business losses, ostensibly to protect shareholders and employees with a vested interest in the company's success. An accountant may feel pressured by a client not to use generally accepted ethical accounting practices and rationalize the fact he is saving an important client money, thus his behaviors are 'good' despite being technically illegal or unethical. As during the Enron crisis, workers may feel pressured to comply with top-level management's unethical behaviors for fear of losing their jobs and also because of the 'bunker' mentality that 'everyone is doing it' at the company so it must be 'okay.' Groupthink, guilt, even a desire to help others may all be as much of a motivating factor as greed for some individuals.
Unethical Business Research Practices What unethical research behavior was involved? The antitrust case brought by Wal-Mart and other retailers against Visa and MasterCard in the U.S. Eastern District court, was settled in 2003 for $3 billion and primarily involved a dispute concerning the efficient pricing of access to payment information, including security data that confirmed or refuted the transactional identities of cardholders (Roberds & Schreft, 2009). In their pleadings, Wal-Mart and other
These include: Used car sales Increasing trend of car sharing Weakened U.S. tourism industry ("Enterprise") The sale of used cars by other organizations is a significant threat to Enterprise. Many of the world's largest car manufacturers, like Daimler Chrysler, General Motors, and Ford, are offering large incentives and low interest financing through their dealers on new vehicle purchases. For this reason, it makes owning a new vehicle more affordable for more consumers and
From this broader perspective and in their planning and operations they have changed the term 'stockholder' to 'stakeholder' to cover employees, customers, suppliers and the community at large. With the growing complexity and dynamism brought about in business, organizations understood they required more guidance to guarantee that their dealings aligned with the overall good and did not pose any harm to others and with this was born business ethics.
Unethical/Criminal Conduct following the Equities Market Crash 2000 to 2002 This paper is a discussion of the identification and analysis of unethical and criminal conduct following the equities market crash from 2000 to 2002. The paper begins with an Introduction to the problem in Chapter One that also contains the hypothesis for the paper, the definition of terms section, and other valuable information. This information sets up the rest of
motivates people or corporations to partake in enterprise crime? Among the peculiar aspects that come with business ethics, as in comparison with other domain names of applied ethics, is it handles a wide array of human matters which are more often than not stricken by serious criminality, as well as an institutional structure and atmosphere that is also oftentimes noticeably criminally inclined (Hilts, 2003). The oddity of the situation may
These benefit the local company as well as the entire region. Leverage financial and other investments in the community. Because nonprofit organizations mobilize vast reserves of goodwill, corporate investment in the community can have tremendous reach in building a better corporate profile and in strengthening public support of the private sector. (Kanaga, 1998) The work of Nae and Grigore (nd) entitled: "An Overview of European Multinational Corporations" the social and political