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Article Evaluation
Article Name: Ethics
- Everything seems related to the topic as I go along.
- some names should have links to them
Truth value page missing citations
Article page:
Business Ethics
- Add a topic on this page; Emerging Business Ethics Issues 1. Fairness 2. Misuse of company's time and resources 3. Fraud 4. Discrimination 5. Harassment 6. Conflicts of Interest 7. Bribery
Emerging Business Ethics Issues[edit]
Being the most important element of a business, stakeholders' main concern is to determine whether or not the business is behaving ethical or unethical. The business' actions and decisions should be primarily ethical before it happens to become an ethical or even legal issue. "In the case of the government, community, and society what was merely an ethical issue can become a legal debate and eventually law."[1]
Some unethical issues are:
1. Fairness The three aspects that motivate people to be fair is; equality, optimisation, and reciprocity. Fairness is the quality of being just, equitable, and impartial.
2.Misuse of company's times & Resources This particular topic may not seems to be a very common one, but it is very important, as it costs a company billions of dollars on a yearly basis. This misuse is from late arrivals, leaving early, long lunch breaks, inappropriate sick days etc. This has been observed as a major form of misconduct in businesses today. One of the greatest ways employees participate in misuse of company's time and resources is by using the company computer for personal use.
3. Consumer Fraud There are many different types of fraud, namely; friendly fraud, return fraud, wardrobing, price arbitrage, returning stolen goods. Fraud is a major unethical practice within businesses which should be paid special attention. Consumer fraud is when consumers attempt to deceive businesses for their very own benefit.[2]