Res 351: Definition Of Ethics In Business

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Business Research Ethics RES/351 March 4, 2013 To start I think we must all know the meaning of unethical the definition of unethical according to dictionary.com is lacking in moral principles, and unwilling to adhere to the proper rules of conduct with this said the article I chose from the University of Phoenix library to discuss unethical business research is; “Just how unethical is American business”? (Clement, 2006). In this article was found 40 different Fortune 100 corporations that had committed unethical behaviors as of 1999. The behaviors of concern with these 40 corporations included three types of fraud those being “accounting, securities, and consumer as well as discriminatory practices, undisclosed executive pay, antitrust…show more content…
According to Clement (2006) unethical behavior in business is a growing concern. “In recent years, the business news in the United States has been rife with reports of misconduct by American corporations. The most widely publicized of these cases may be the accounting fraud at Enron and what was then MCI WorldCom; however, less trumpeted incidents of misconduct are troubling, as well. Examples of such lesser known events include consumer fraud at Prudential Financial, discriminatory practices at Morgan Stanley, and antitrust activity at DuPont. Given the recent misbehavior in the U.S. business world, a reasonable person might wonder just how unethical American business really is. Do the misdeeds simply involve a few “bad apples”: a smattering of corporations that make the rest of American business look bad? Or is the problem much broader than that? Further, if it is a widespread issue, what needs to be done”? Even though I found many interesting facts about the 40 Fortune 100 corporations in this article I chose Coca-Cola’s unethical behavior in India and the issues they are having there with Coca-Colas excessive water usage to discuss. According to Clement (2006) Coca-Cola has been engaged in such activities as antitrust activities, consumer fraud, and discriminatory practices. In reading “Just how unethical is American business”? (Clement, 2006) and the “Coca-Cola…show more content…
I feel the largest issue with Coca-Cola is they have ignored the research and studies putting many communities in India such as Kala Dera and many others in dire straits when it comes to keeping their promises. In the end they will have paid for their indiscretions to some extent but only time will tell to what degree that extent
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