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Legal and ethical issues in businesses
Business Ethics Aspect
Business ethics practices
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Base on Albert Carr You mean to say that business may encourage people to doing some bluffing ethical? Why, bluffing is nothing more than a form of lying! You’re advising them to lie!” Base on the statement by Albert Carr, I think that the statement is to show that the men especially have done a higher percentage in bluffing ethical. This is because of their physical and their attitude that maybe decent have create an advantage to them to done bluffing ethical. Their attitude that brave and able to explain with good example and proof that may attract people in trusting them. Usually the generation Y will be the victim. This is because they have a basic knowledge of life. Business now a day mostly lead by a men. So a men will done a strategy to find the victim that suitable to be lie and easy to trust someone. Record show that before the 2000 there are many men have monopoly the sales industry. A show lot of profit, but increasing of legal action is higher. Many victim was reported.
I’m totally disagree about bluffing ethically is legal in doing a business. He said that lying behavior as necessary to survive and thrive in a business environment. He defends bluffing behavior because each party is aware that all parties are also bluffing as well. The lying method just been done using other was to avoid been detected. Bluffing ethical is about an attitude of a person to the person. A good morality is a respect for truth, and he deserve a respect. Bluffing in a business is not a good attitude. Mostly bluffing in business might be regarded simply when the environment does not take serious in handle the situation. The people should take a part in preventing the cases from being happen. The government or the authorities should done a pro...
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...increase. Now a day they done anything to earn more money. For some time they are taking advantage on some people especially for those people that lack of knowledge. Usually this type of people always take an advantage and try to manipulate and use it for a legal use. The action from the legal use may give lot of benefit to them. But for the victim of the product may facing with lost. This is because the amount of money that been spend are not equivalent to the quality or the function of the product. People now days are very smart where they will find the best even thought it was expensive. They thought that why must spend for twice to have a best product. As usual human weakness is they are easily trust to people that just tell the product without checking the record of the product. So bluffing ethical may be happen.
Works Cited
http://www.smecorp.gov.my/vn2/
Ethical Behaviour includes obeying the law and specific regulatory rules (CII, 2013), it is necessary that Paraplanners are aware of relevant laws and regulations including: the Financial Conduct Authority’s Principles for Business and Statements of Principle for Approved Persons (CII, 2013) and the Chartered Insurance Institute Code (CII’s code) (CII, 2014) as well as the Data Protection Act 1998 (Data Protection GOV.UK, 2013), Money Laundering Regulations (Office of Fair Trading, 2009) and the Financial Conduct Authority’s six Treating Customers Fairly Outcomes (FCA, 2013). Paraplanners must act with the highest ethical standards and integrity as well as acting in the best interests of each clients (CII, 2014). It is important that paraplanners are aware of the data protection act as clients have a right to expect complete confidentiality about their personal lives such as income and identity (CII, 2013). If paraplanner has a role to play in adviser charging, then paraplanner need to be aware of the anti-money laundering rules, a paraplanner is most likely to be in charge of implementing these rules (CII, 2013). Paraplanners are very much involved in the identification procedures for client, by making sure there are copies of “acceptable” identity kept on file, therefore the paraplanner needs to have received the appropriate training on verification and identification of clients (CII, 2013)
Companies realize what people need and they take it as sources to produce commodities. However, companies which have famous brands try to get people’s attention by developing their products. Because there are several options available of commodities, people might be in a dilemma to choose what product they looking for. In fact, that dilemma is not real, it is just what people want. That is what Steve McKevitt claims in his article “Everything Now”.
When I was working as a Customer Service Representative in the Bank, one of my responsibilities was to supervise the tellers. I was friends with two of the tellers working there at the time. We used to go out together outside of work and had great time. At some point I started noticing that they are being too friendly with each other and acting inappropriate for a professional environment. I decided to confront them and they confessed to me that they were dating. That is when I realized that I was faced with an ethical dilemma.
There is a trend in legal policy that determines the ethicality of pretexting by interpreting deceptive activities in both a “status-based” and “conduct-based” analyses. Examples of status classifying inc...
In the following case, Luke is involved in a very perplexing conflict, or Ethical dilemma. This situation is an Ethical dilemma, and not just a regular “everyday” problem, because to Luke there might not be an obvious answer. He can also be thinking that both choices, keeping his commitments of confidentiality and telling his brother, Owen, are both correct things to do. If Luke tells his brother about the project, then he might concur with a theory known as Breach of confidentiality. “Breach of confidentiality occurs when someone gives away information that was supposed to be kept private.” (GENB4350 Online Lecture, Ethical Reasoning 1). By Luke breaching information that is supposed to be kept secret, he will betray the trust of his company
In Dan Ariely’s book, The Honest Truth about Dishonesty, he explains, through experiments, how internal and external factors cause people to lie and cheat. Ariely (2012) believes that people want to feel good about themselves, which is ego motivation, while also benefiting from cheating (p.27). He states that when people cheat a little they can still view themselves in a positive way through rationalization. The author then goes on to propose the fudge factor theory which is a person’s ability to rationalize their cheating (Ariely, 2012, p.27). In Ariely’s book he describes factors that can influence whether a person will cheat such as morals, conflicts of interest, peers, organizational culture, self-rationalization, and creativity. Moreover, he describes factors that can stop people from cheating, such as moral reminders, signatures, and regulation. This paper will provide a summary of
The movie “Glengarry Glen Ross” presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible ethical ramifications. From the film, it is right to conclude that a business transaction should only be executed after all legal and ethical ramifications have been considered; and also if it will be determined legal and ethical to society.
Ethical values exert influence over attitudes, and further influence behavior. Thus, the first step is to create an ethical culture to stifle frauds in the cradle. The ethical culture of Hollate is questionable. The management team “developed positive professional and
Deception is sometimes used by researchers when they conduct psychological experiments. Deception occurs when the participant is misled about the purpose, design, of the experiment, or when the researcher uses deliberate misleading to persuade the subject into believing a certain view (McLeod). Many people believe deception is ethically wrong, and psychologists should not use it to obtain important information. I believe psychologists should be able to use deception if the participant is not psychologically harmed. It is believed that deception is the only way we can obtain true information (Connolly). The knowledge we are able to obtain about psychological tendencies outweighs the temporary effects of deception.
This happens everywhere such as company, individual, family, etc. The common example is dishonestly. In fact, some doctors lie to patients that they have cancer and open a fake surgery for extra money. In my country, most of the doctors lie to the patients about the pill or the surgery they have to take to get money from them. But the sickness still exists in their body. In addition, making fake products can be also known as unethical behavior and benefit themselves. Especially China, they use cheap material to make fake products of famous companies such as Gucci, Victoria 's Secret, Polo, etc; eventually, sell the product as the real price. Together with making fake products, deceiving the customer is also known as one example of self-benefit. When I was 14, my father applied for the MLM business. My mother and I did not let him but he refused. In fact, MLM business implicates the customer to buy their produce, a tonic pill made from herbs, with very high price, but not operate. They are now located all over of my country. Overall, even people behave in an unethical way to gain their self-benefit, but they need to care about other’s feeling and stop being
Each day an individual will make a decision that will affect their life in some way. Should I wear the green shirt or the yellow shirt? Should I order a shake or lemonade? Should I wash the car today or wait until tomorrow? These simple decisions often happen without serious thought. Why? Because these decisions are not life changing ones. But what happens when the decision is not so easy to make, when it’s life changing. Sometimes a person’s conscious greatly affects one’s decision making, especially when the topic of whistle blowing arises. In this paper, I will discuss and analyze whistle-blowing, where it occurs, the effects of whistle-blowing, the consequences of whistle-blowing, and finally I close my paper with a conclusion.
Albert Carr argues that business is a game and that business ethics differs from private life ethics that individuals practice. Carr explains that practices such as bluffing and not telling the whole truth are morally acceptable in business context. Carr claims that one cannot apply a single standard of ethics universally as situations differ from one to another. My response to such claim is that I refuse to accept that businesses cannot be strictly ethical.
As mentioned earlier, ethical business communication takes different forms, such as management of staff and employees to suppliers and customers. A wide range of writing exists with the significance of ethics in business communication; most disappointments in business credit to the absence of morals in their business operation, and affirm that ethics is the basic achievement of authoritative development and achievement elements. It's basic as building associations with partners and utilizing moral practices. The believability of the association assumes a part in guaranteeing productivity. It can be said that ethics are a vital segment in business achievement. Since business contacts is likewise the center of business procedures, then, ought to be joined morals in business correspondence procedure to make certain long haul gainfulness and great relations with the proprietors of hobbies. Janet and Chaney (2012) mentioned out that there is a direct correlation between ethical business communication and customer loyalty. Ethical business communication plays a role in the development of a loyal customer base because of the ethical manners of the company when it comes to communications command. Ethical business communication helps to create a positive image of the organization in the workplace, which helps in attracting
Everyone in this world has experienced an ethical dilemma in different situations and this may arise between one or more individuals. Ethical dilemma is a situation where people have to make complex decisions and are influenced based on personal interest, social environment or norms, and religious beliefs (“Strategic Leadership”, n.d.). The leaders and managers in the company should set guidelines to ensure employees are aware and have a better chance to solve and make ethical decisions. Employees are also responsible in understanding their ethical obligations in order to maintain a positive work environment. The purpose of this case study is to identify the dilemma and analyze different decisions to find ways on how a person should act
some companies takes advantage of using unethical communications since unethical does not necessarily means acting illegally, many marketers over exaggerate claims and make confusing statements that could misguide the consumers. It is sometimes difficult to conclude what the society terms as ethical or acceptable when it come to marketing communications, there marketers must be very sensitive enough to know what could generate controversy in their ways of communicating their products to the