This website uses cookies to ensure you have the best experience. Learn more

The Effect Of Unethical Methods In The Corparate World

1459 words - 6 pages

Corporate wrong doing in the United States helped in the collapsed of numerous corporations as it was the case that happened in 2002 with Enron and others. Currently, there are many people who are hesitant to trust in anything they might hear regarding the integrity of certain corporations. In 2002, we experienced what happened when corporate integrity gets ignore. The American people lived through a scandal that rock our nation economic with companies like Enron and WorldCom to include other, as being responsible for their employee disregarding corporate integrity by their CEOs and greeted executive’s decisions. The American people feel that corporations benefitted from a broken down system that neglected to ensure all businesses maintain good corporate integrity and the government to holds them accountable for their wrongdoing.
The general public here in America continued to believe that during the dark times of the Enron disaster, the government did little to punish those who were making those unethical decision and that the system was bamboozled by certain corporate executives; those who did their bidding at the expenditure of investors. It is necessary and important that our society maintained corporate integrity in check or we could endure more company’s meltdowns or we could suffer again from those executives who are greeted.

In the past 25 or 30 years, businesses in America have grown significantly in power and magnitude. Globalization has changed the way corporations do business and also have remain an endless discussion for those who see it as good or bad for corporate world. Large corporations like the retail store Walmart have turn out to be an enormous and dominating global organization. According to Moran, J. J. (2014), the North American Free Trade also known as NAFTA and the General Agreement on Tariffs and Trade know as GATT have indeed done wonders for international companies by allowing them to inexpensive labor and natural resources throughout the globe. (p. 423). When corporations do business in a foreign country as allowed by trade agreements, corporate integrity becomes irrelevant; especially when inexpensive labor practices from time to time causes exploitation of workers.
Often managers get pressured to take unethical methods in order to generate higher returns for the stockholders. Corrupt decisions are often taken by companies’ executive officials or supervisors due to the pressure they faced when expected to produced extra profits. However, there are guidelines that have been passed to prevent companies from doing business overseas that conduct unlawful activity. In an article written by Sam Kessler for eHow.com, he stated that the United States congress passed the Foreign Corrupt Practices Act (FCPA) in 1977 to prevent the use of bribery and conflicts of interest when American companies were doing commerce abroad. (n. p). It also expected that those American companies doing business abroad are held...

Find Another Essay On The Effect of Unethical Methods in the Corparate World

The Effect of Cryptanalysis in World War II and Beyond

876 words - 4 pages cryptography not only during World War II, but helped shape the science as a whole for future years. We’ve seen advancements, in mathematics, from both encryption and decryption, plaintexts and ciphertexts. Enigma, although it started as a three rotor device advanced to eight rotors, “Purple” was a finished product of years of experimental cipher machines, and the Lorenz Cipher, got it’s start from Vernam. Technology builds on each other and failures turn into successes, and although World War II was a dark time for our planet, the advances that we achieved from that period are things that we still use and can continue to learn from to this day.

Effect of Hitler's regime in Germany (and the World?)

1116 words - 4 pages resources. He used this height of power to mobilise, creating a colossal war machine, which he intended to use in his battle for glory. He wanted a world without Jews, and was intent on realising this alarming objective. He knew full well that he would have to go to war for this to occur, and invaded Poland in 1939. The power of the German army became a seemingly unstoppable force, pushing through Europe. Germany was at the peak of power at around 1941

Unethical Pursuit of the American Dream in The Great Gatsby

957 words - 4 pages themselves to a life corrupted by those who pursue that same ideal. The American dream, like the conspiracy between the baseball players and gamblers involved in throwing the 1919 World Series (73), is a conviction held so strongly that those who pursue the American dream become the corruption and deceit in it or, at least, the facilitators of such unethical behavior and immorality. Works Cited Nietzsche, Friedrich Wilhelm. Human All-Too

The Unethical Treatment of Animals

1870 words - 7 pages animals can display these emotions, are they not human? The unethical treatment of animals is largely due to the fact that we as humans do not believe animals are sentient (capable of feeling pain or pleasure). Would it not be feeling pleasure when a kitten purrs when being stroked? How about when you beat a dog and they howl out; is that not pain? Experimentation has been performed on animals such as rats, mice, and primates in testing various

The Effect of Media on the World

1194 words - 5 pages Though the letter was replaced by a tweet, and the newspaper boy was replaced by a blogger, the effect of the media on the world is unparalleled. Still, there is always going to be the question of how much, and by what means, does the media affect our lives. To try to answer this question, resources such as the Imprints textbook, multiple news articles in prominent news agencies and other sources like The Guardian and Al Jazeera, and the

The Effect of Colonialism On The World

1378 words - 6 pages Sometime I think about the problems and effects that colonialism have caused in the whole world. Is it good or bad? “Colonialism has always had a bad reputation” (1). I suppose in essence, for the people being colonized, it cannot be a good thing. The world wide scramble for colonies, particularly in the late 19 early 20th centaury, had a tremendous negative effects on the economic, social, and political structures of indigenous, non

Is the Use of Sexual Imagery in Ad Campaigns Unethical?

2030 words - 9 pages Emage Grant McElmurry ENG 100-001 16 April 2014 Is The Use of Sexual Imagery in Ad Campaigns Unethical? People will soon realize that they're being manipulated by advertising companies due to sexual imagery. Even though a person may buy a product due to sexual imagery, it defeats the purpose of selling the product if the product is not any good. Also, companies will only gain temporary customers if sex is their only strategy for advertising Not

The Effect of World War II

1180 words - 5 pages first and asking questions later. But I’d mastered the art of sneaking out and I didn’t find it particularly difficult. Making sure to keep to the shadows, I followed the lane back to town. A journey I’d made many times; it felt weird that I was walking from home, not to. But it was a good weird, of course. Because now we lived in a luxury I wouldn’t have been able to imagine previously. Dusk had fallen by the time I arrived on the street, although

The Unethical Issues of the Tuskegee Study

2100 words - 8 pages " (Wynia, 2003). The doctors wanted the participants to die to have information for their research study. Throughout this study, there were many unethical procedures that were conducted. There was no informed consent in this study whatsoever. Informed consent is when one has full knowledge of a certain situation before accepting the treatment. The doctors never explained what syphilis was to the African Americans, instead they constantly used the

The Effect of the Social Context of Scientific Work on the Methods and Findings of Science

930 words - 4 pages The Effect of the Social Context of Scientific Work on the Methods and Findings of Science The world society is in a constant state of fluidity regarding everything from social customs and slang to technology and inventions. With even more abundance, scientific understanding and questioning evolve as time progresses. As the human race changes and grows, scientific knowledge of the world and universe must expand to

The war in Iraq: Ethical or Unethical

544 words - 2 pages . Initiated by the Bush Administration, this war has sparked support as well as controversy since the decision for invasion was first mentioned.In my search for support of the war I found that the reasons many support the war can be attributed to the reasons outlined in the Presidents initial justification to go to war. The White House website is filled with speeches given all over the world by the President about why this war was necessary

Similar Essays

The Use Of Unethical Advertising In Business

1471 words - 6 pages ABOUT UNETHICAL ADVERTISING Businesses are in game in order to earn money and advertising is the strongest weapon that helps to sell a particular product . An advertisement can be harmful and misleading as well as helpful and beneficial . Advertising in ethics is an unclear concept , but truly the main goals of corporations should be avoid misleading their customers by setting up wrong expectations and to keep their current clients

The Placebo Effect: Ethical Or Unethical

874 words - 4 pages The use of placebo has been a breakthrough that has been used to advance pharmaceutical understanding for many physicians. A placebo is a sugar pill that is used to heal a person’s sickness by tricking the brain into thinking that the pill the person is taking is the medication that is healing the sickness. The physiological change that takes place in that person’s body is the effect of the placebo; It is called the placebo effect. If a person

The Effect Of The Church In The World

1854 words - 7 pages There is significant debate about the effect of the church in the world. Did it really disrupt the existing social order? For many years Hans Conzelmann’s thesis that Christians are “docile subjects and trouble arises only when Jews rouse the populace with false accusations against the church” dominated scholarship. Later, Richard Cassidy (Political Issues in Luke-Acts) challenges this perspective by viewing Jesus as a “nonviolent social

The Effect Of Three Conventional Cooking Methods On Vitamin C In Spinach

3577 words - 14 pages steaming)Note: Fill the burette with potassium iodate solution when necessary(University of Canterbury, 2012)Discussion:This investigation was aimed at answering the research question: what effect will conventional cooking methods have on the ascorbic acid levels in spinach? This was accomplished by titrating a control of raw spinach juice for ascorbic acid and then titrating spinach juice derived from boiled, microwaved and steamed spinach for