Unethical Practices in Entrepreneurship

906 Words2 Pages

Acts of deception or dishonesty through business have existed for as long as the businesses themselves, so seeing evidence of these untruthful acts in today’s business world should not surprise consumers. But as of late, consumers bring themselves to arms seemingly more so than in the past. With social media as their weapon of choice, the buying public vilifies deceitful companies, and within hours of the first news report, the entire nation has sided against a company. The progression of business has led consumers to expect companies to uphold a certain standard when it comes to selling a product. Fifty years ago, cigarette companies such as Camel could claim that their products improved health with no evidence to back these claims and people would buy them. After it was proven that smoking could cause major health problems, Camel and other cigarette companies were forced to explain their actions to the public and as a result, took a major hit to their income. After this major event, consumers took claims from companies with a grain of salt. Today, with information as readily available as it is, customers are much more informed about these types of situations, and if a company is caught in a lie, it does not take long for the world to find out. Despite this vast amount of information sharing, some companies will still lie, cheat, or steal from employees and customers to make a quick profit.

Dishonesty in Advertising

AXE, one of the leading brands in men’s healthcare in the United States is guilty of some of the most blatant dishonest and exaggerated advertising. AXE has given itself the image that men who use their products, whether it be shampoo, deodorant, body wash, or hair gel, will become irresistible to women. Their a...

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