Ethics Issues Essay

Ethics Issues Shawnez M. Mckenzie MGT/216 August 12, 2010 Carrie Baird The nature of business object lessonity is described as, what is fair, and Just. According to Jentz, Miller, and Cross (2002) states, business ethics concentrates on the beliefs, which is expert and wrong actions in the business world and the philosophy of m oral examinationity and how moral principles be consequentially applied to a persons unremarkable life in the business or social environment. Although some issues be unethical, it is not necessarily illegal (Rainer Turban, 2002, p. 2) Society states the terms ethical and oral are not the same and used interchangeably. Here are deuce-ace specific examples of ethical issues indoors todays businesses. graft, defalcation and deceptive advertising crowd out be defined and discussed in this essay. Bribery is considered offenses related to the im veracious influencing of commonwealth in position of trust. Bribery is a white-collar crime, intentions must be clear and verified, and the crime of bribery must occur when the bribe is offered. Bribery can affect the local legal system, which can leave the citizens in doubt of who is trus dickensrthy in maintain the laws.An example of bribery would be to influence a public official to act in a manner that services a particular private interest. Bribery affects communities with fraud and mistrust of authority in any business or fundamental law. Second, is embezzlement it is the act of stealing funds from a business or organization that was entrust to safeguard, and fraudulently misinform financial records. Embezzlement affects the fellowship and peck when a banking intuition is involved. According to Fridell (2009), two bank employees embezzled 1. 3 million dollars over the course of our years, by using hundreds of separated banking transaction.The two women cost six victims their homes, savings and investments by pocketing the funds from the bank and handout on lavished vacations. T he act of embezzlement can financially affect the lives of others as well as the business. It could leave any company with shame and humiliation, if proper protocol or policy was not enforced or in place to avoid such a crime. However, the act of betrayal within any business, the organization needs to rebuild the trust of the community. Last, is deceptive advertising, is onsidered when businesses are misleading or making false logical arguments regarding a product to mislead consumer.The purpose of the advertising are hopes that advertising would convince consumers to purchase their products. The national Trade Commission states, advertising must be truthful and non-misleading, advertiser must be able to support their claims and advertisement cannot be purchasable with consumers. Under the FTC Deception Policy Statement, an ad is deceptive if it contains a statement or leave out information that is likely to misinform consumers cting convincingly under the circumstances and mate rial that is vital to a consumers last to purchase or use products.Deceptive advertising as a are genuine and the business are trustworthy, which can affect how consumers and the community view unethical issues. In conclusion, business ethics focuses on what makes up the right and wrong theory in the business and how ethical principles and morals are useful by business people. More important, ethical or moral standards guide our behavior, as parents, children, or students who apply to our everyday lives in the business or social profession.As current members of the business world, we film a moral and business obligation to be ethical in how we deal with others, no matter in what capacity. References Federal Trade Commission, Inc. (2010) Consumer Protection. Retrieved from http//www. ftc. gov. gov Gaylord,J. , Miller, R. , cross, B. F. (2002). wests line of work Law. USA. Rainer, K. , & Turban, E. (2008). Introduction to Information Systems. Hoboken, NJ John Wiley & Sons. Fridell , Z. (2009). Effects of embezzlement quiesce felt as families, bank rebuild. Steamboat Today. Retrieved from http//www. steamboatpilot. com