Verified Document

Business Ethics Concepts And The Essay

While making false statements about the vehicle's history is certainly deceitful and unfair, those types of statements fall far short of the legal definition of "fraud" because they are not considered material to the sale (Halbert & Ingulli, 2008). The Toys "R" Us situation unfair and unethical but did not violate any laws; in those cases it is strictly up to the company to establish policies to prohibit conduct that is unfair to customers and to the general public. Generally, the law only establishes standards of conduct that are sufficiently unjust that criminal enforcement is appropriate; it is...

Those who conform only to the minimum standards imposed by criminal statutes may often engage in conduct that is extremely immoral but not necessarily illegal. Therefore, it is up to the individual to make ethical decisions in many instances. In that regard, social mores and family values must supplement where the law allows conduct that is decidedly deceitful, unfair, and immoral, but not necessarily illegal.
References

Halbert, T., Ingulli, E. (2008). Law & Ethics in the Business Environment. Cincinnati,

OH: West Legal Studies.

Sources used in this document:
References

Halbert, T., Ingulli, E. (2008). Law & Ethics in the Business Environment. Cincinnati,

OH: West Legal Studies.
Cite this Document:
Copy Bibliography Citation

Related Documents

Business Ethics Focus on Merrill Lynch According
Words: 4347 Length: 15 Document Type: Essay

Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to

Business Ethics "The High Cost of High-Tech
Words: 2370 Length: 8 Document Type: Term Paper

Business Ethics "the High Cost of High-Tech Foods case" The cost of high-tech food continues to arouse debates over the ethical, moral, and practical impacts the foods have on the people, market, and economy. However, it is evident that the proponents and opponents of the motion do not seem to come to agreement as each holds their view right. The situation worsens due to the application of emotions in addressing the matter

Business Ethics Everybody Can Agree
Words: 3130 Length: 10 Document Type: Research Proposal

The less direct the impact, the more likely the stakeholder is to use consequentialist considerations to just the actions of managers. For example, government did not react to the need for improved governance and pass Sarbanes-Oxley until after multiple scandals had occurred. Millions of Americans lost money and faith in the financial system was eroded, threatening further harm. If the scandals had not resulted in outcomes so severe, it

Business Ethics Every Individual Is
Words: 875 Length: 2 Document Type: Term Paper

Thus high relativistic individuals and low idealistic individuals were likely to view slavery as a necessary evil to accomplish the goals set by society, while high idealistic individuals were perturbed by the harm that slavery caused to the slaves. The concepts of relativism and idealism apply in business setting as well. Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions

Business Ethics - Masters Business Administration Essay
Words: 2219 Length: 8 Document Type: Essay

Business Ethics - Masters Business Administration Essay - Drawing relevant literature, critically evaluate a position debates firms responsibility maximising shareholder returns. Discuss implications chosen position a manager concerned impact company environment. Business ethics Throughout the past recent decades, the means in which the economic agents conduct their business operations have suffered some notable changes, in the meaning that less apparent emphasis comes to be placed on profits, and more on generating socio-economic

Business Plan Concept History Marketing
Words: 2547 Length: 10 Document Type: Business Plan

Partnership is not an option since there is only one principle. A corporation is too complicated a structure, since it necessitates directors, agents and shareholders. The company is essentially just one person. Sole proprietorship has some advantages. It is the cheapest and easiest type of company to set up. There are many disadvantages, however. These include the fact that the owner's personal assets are on the table if the business

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now