Pros And Cons Of Volkswagen

Businesses today take advantage of ethics, because the penalties aren’t harsh enough for the companies not to take risk. Why is the ethical code broken so often today? Is it because money is the only thing people care about, or simply people don’t care about the punishments they will receive. There is Volkswagen cheating their way through car testing’s, and lying to the public eye. Pharmaceutical giants exploiting prices on life saving drugs just to improve their profit margins. Naked Juice lying to consumers what was in their products and continuing to make money hand over fist. These situations resulting in insufficient fines, and some people losing their jobs. With the possibility of making more money than they know what to do with. Could

In current years almost the leading car company across the world. That’s where the most problems arise. A company wanting to be the biggest and make the most money. Just screams for unethical play. Volkswagen lied to millions of people about the mpg and emissions of their deasil vehicles were producing on the roads. Cheated emission tests to get the upper hand. This lead them to the top until they got caught. Why is this unethical? Simple because they cheated millions of people to make the most money they can. This is not right and cannot happen. Finally, they were caught. BBC News reported The Environmental Protection Agency or the EPA was the organization to catch this unethical behavior. VW recalled millions of cars around Europe, United States, and the rest of the world. Setting aside 7.5 billion dollars to fix this issue, but the EPA is also charging the company around 38,000 per car that breached the rules. Taking the max penalty to around 18 billion dollars. Christian Klingler was removed from his positon on the management board. Martin Winterkorn the CEO, left his position and was taken over by Matthias Mueller. The company its self in 2015 made 247.23B in sales. Now from the finical side they made 247B dollars take away the 18B from the max penalty possible that comes to around 229B dollars left (Hotten 2) That is not a penalty in any way shape or form. That is a small slap on the wrist for a

This is a very hard question. These big companies do need to be punished for unethical behavior, but how and to what extent. The major agency or body for giving the punishments is the government. This is where things can get messy, because we as a society are in a free market economy. Which means there is a little amount of government intervention. This also means these big businesses play the biggest role in our economy. So anyone can see why you wouldn’t want to punish these businesses so harshly that they can start losing money. Which in return can hurt are economy as a whole, but these big corporations need to be punished harder to prevent future problems. According to Ethics and Ethos, business effects of too much change are noticeable in big scandals. Constant, pressure, high tension work environments, all lead by corporate greed. Start to make up their own rules. (Mitchell, 2) With loosely given punishments this does allow these corporations to make their own rules. They will start to follow ethical