Legal/Ethical Issue Essay examples

The problem to be investigated is the application of business ethics. In the business world, ethics are extremely important. Ethics are prime elements that help a business to grow and to become more productive. It is by applying proper business ethics that a business can operate in a moral or ethical business environment and managed to conduct all activities in a manner that maximizes profits while not compromising all other non-economic concerns(Schwab, 1996). Businesses have over the years failed to nurture business ethics in order to fulfill shareholders' interests and to have a culture that is oriented towards profit maximization and high performance(Jennings, 2012; Sims & Felton, 2006). This has led business to have gray areas in their activities. Gray areas are those situations or problems that do not fit exactly into any ethical analysis. These are the activities which may be represented to be immoral as a result of lying and false representations on the part of the business.

Technology decisions should not be made solely in some geeky corner of the campus. These days technology should be central to strategic planning and ought to involve top academic leaders. That was a clear theme of discussions at The Chronicle's Technology Forum, held here last week.

The structure of company Q is not currently formed to accommodate social responsibility or practice social ethics. Since the business is already in a heavily populated area and had to close down some of the stores due to high crime rates in those areas, maintaining a healthy relationship with the community in the area they are located is essential for the success of the business. The company has started to form a relationship with the community by listening to what the customers want and supplying the demand for those products. However, the chain is carrying all high margin products in all stores which may not suit the needs of those in lower income areas.

Ethical standards in business are important for every leader to know and understand. The book Ethics 101: What Every Leader Needs to Know by: John C. Maxwell discusses ethics in the world today. When people make unethical choices, the reason they do because of three main pitfalls. People do what is most convenient to them, people tend to do what they must do to win, and people rationalize their choices with relativism. In this summary, Maxwell’s definition of business ethics will be framed, examples of ethical standards and guidelines, the meaning and contrast of ethical thinking and ethical behavior, and how to avoid these major pitfalls to live an ethical life. The

Brock Mason Brokerage firm had a number of noticeable issues that played close to fraudulent practices. The firm has an explicit strategy of selling their products first and all the other available products second. Such practice along with not spending a lot of time talking with customers, selling stock that is not in the best interest of the customers, false advertising, finding ways to elude disclosure of commissions, and withholding pertinent information from customers before selling the product sends the message of untrustworthiness and dismay to the customer. Most people search for a brokerage firm with the intent of building a strategic partnership to assist in making good financial decisions. Whether they need advice for

In the workplace as well as one’s personal life is essential for ethics to be maintained; often taking the right action is not always the most popular choice. It is important for maintaining an upstanding ethical code of conduct to be a productive individual as well as function as an employee in the workplace.

The primary sources for the facts about the ethical case above are from governmental factsheets. Apparently, the government has established rules and laws which focus on ensuring a comfortable workplace environment for all employees in an organization. The government has done so by outlining the minimum workplace requirement that managers must follow to ensure equality and fairness for the employees.

In addition to the error of no defined standards that proof needed to meet, the state of Missouri and SCOTUS failed to see that PVS is an especially unique situation. Nancy, as an autonomous adult, is to be protected of her right to refuse treatment. Surrogate or proxy decision makers for those in PVS are to also be respected for they are representing that patient unable to do so. Justice Brennan, in his dissenting opinion, accurately employs that “…the improperly biased procedural burden…” the right of autonomy in refusing medical treatment (Menikoff, 2001, p. 317). The parents of Nancy were unethically held to this biased procedure of providing evidence, which, without defined practices of procedure, ensures the state will always insert its

One of the primary struggles in relation to ethics in the business realm (and in any realm of life for that matter) is the art of determining the morality of specific day-to-day issues— especially the gray areas within business finance. Some financial issues, however, are not so gray or they become more black or white to one person after he or she ponders the matter deeply, obtains wise counsel, learns from experience, etc. When finally convinced that an issue is either right or wrong, enforcing an opinion within a corporation can turn out to be an even more difficult hurdle to overcome. This hurdle is the premise of Kirk Hanson and Dave Price’s conversation in the 7:19 long video by Markkula Center for Applied Ethics at Santa Clara University entitled “Fraud in Financial Reporting - Causes and Solutions.”

In this paper I am going to identify some the legal and ethical issues in My Sister’s Keeper. Some of those issues include emancipation of a minor, genetic engineering, and limited termination of parental rights. I will be giving my opinion on these matters also.

Companies are supposed to be able to achieve and demonstrate an ever increasing performance showing improvement on leading in their industries to acquire competitive advantages. Having a high level of performance could be greatest achieved with competent and motivated employees. The conduct of business in an organization with an ethical manner is of great importance to secure an increasing performance as well. Organizations functioning towards ethical standards should ensure unbiased applications of business and recall a sense of justice to stimulate motivation among their employees. Employees that are motivated through a positive ethical organizational climate and leadership do much better than a less motivated employee. This promotes the organizational achievement that causes

There is a very fine line between what is morally right or wrong. As a student of this subject, I believe it all depends on a company’s ethical conduct that how likely it’s going to perform in the long run (Bob Worcester, 2007). The ‘week 4’ assignment enabled me introspect myself and bring out some of the core ethical values which I believe are inherited by me and should be inculcated by all business leaders. These core ethical values are honesty, fair/rational behaviour, dedication, emotional intelligence and bravery. Sometimes, values such as honesty and rationalism can be difficult to abide in all situations but such ethical practices build grounds of trust and loyalty with people who take interest in the business such as staff, external competitors, shareholders, customers and other entities (Chron. Alyson Paige). When employers deal honestly and rationally with their staff, employees are motivated to drive the business forward. Creditors and investors express confidence by funding company development and consumer confidence is positive. As a consequence, their organizations will have a greater chance at achieving longevity and profitability (Jean Thilmany, 2007).

In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important

An ethical corporation is not an oxymoron. History is littered with tales of deceit and corruption. Human conduct towards ethics in today’s workplace is an important issue; recent headlines show consequences of unethical behavior on both companies and employees. Contained within the basic code of ethics in the workplace are words like, trustworthiness, respect, responsibility, fairness, (Chatov, 1980).

In the daily scramble to get ahead, earn a profit, and outwit competitors, some people don't play by the rules. Sometimes the culprits are respected and ordinarily well-behaved persons even though they are accused of a crime or offense. Unfair and unscrupulous actions hinder the development of harmonious relationships between workers and co-workers, and between workers and supervisors. A person who cannot be trusted to do the right thing, fails to win the respect of others. It should be recognized, however, that ethical dilemmas are faced by people at all levels within an organization. Various firms have experienced breaches of ethics. The respected business firms suffer damage to their reputation when questions concerning ethical behavior arise. This is one of the reason formal codes of ethics, developed by many business organizations, and trade associations are popular today. Code of ethics is simply a compilation of the rules that are meant to govern the conduct of members of a particular organization or profession. A recent survey found that 94% of the fortune 500 service and industrial companies have a written code of ethics (American Marketing Association). Companies and trade associations expect their members to abide by such rules as a condition of their engaging in the profession. There are at least two noteworthy limitations to codes of ethics. First, the written rules are sometimes so vague and general they prove to be of little value.