. Discuss an example of a company,
organization, brand, or public figure that did something
that was legal but, in your
opinion, unethical.
2. Discuss an example of a company,
organization, brand, or public figure that did something
that was illegal but, in your
opinion, ethical.
1. Labor practices are often a hot-button issue from an ethical view, and labor laws tend to lag behind common sentiment, leaving space for businesses to employ legal practices that might find unethical to their clients and staff. One of many examples is the payment of minimum wage to full-time staff. Although the minimum wage in an at-will employment contract is legal, it is often impossible for those working for minimum wage to handle their daily costs, leaving them buried in debt and bitter towards their employers. Another popular instance is working legally with overseas providers whose work methods do not meet local customers ' ethical standards.
Marketing strategies can walk a fine line between persuasion and manipulation, and this is another area in which subjective ethics get strongly involved. Some advertising strategies can benefit from uneducated demographic sections, which can be completely legal while being scorned across the marketplace. For example, before the 2009 Credit Card Act, banks could lure teenagers to open credit accounts with financial freedom promises, regardless of the ability of the teenagers to repay high-interest debts.
Other strategies by eliciting emotional reactions can take benefit of damaging addictions. In a globe where individuals can destroy their life with a gambling addiction, casino ads displaying elated winners throwing cash into the air are a prime illustration of this. Other strategies can still benefit individuals in need by luring them into predatory services, such as high-cost loans with a compounding of daily interest.
World leaders, for example, demanded that Julian Assange of WikiLeaks be brought to justice for revealing the machinations of the United States in the Middle East and worldwide. Chelsea Manning, who robbed Assange's records, came to jail. And when Edward Snowden disclosed that his own people were being spied on by the U.S. government, President Obama pledged to prosecute him if he could only get his hands on him. He asserted this data had been robbed so suddenly set free. It may have been stolen, but the crime fell apart from what it revealed: that governments and people were doing stuff that most of us believed were at least unethical.
It may be unethical, but not illegal. Jameel Jaffer, the American Civil Liberties Union's deputy legal director, said of the Snowden leaks in a commonly cited tweet, "The greater scandal is what's legal, not what's not.
2. There is no conflict between it and ethics if the law is correctly written. Consequently, it is hard to discover instances of businesses being forced to create ethical but illegal choices, with the exception of law practice and military activities in which subordinate officers or troops for ethical purposes dismiss lawful orders. Similarly, in the practice of law, legal requirements, such as the defense of people or businesses that the lawyer genuinely believes to be guilty of heinous acts, are part of the company, despite the ethical dilemmas that some lawyers may encounter in those conditions.
In the company globe, an instance of ethics that takes priority over the law might require operations that are legal but that would damage the environment. A company usually takes the chance to participate in legal and lucrative business procedures to confront that choice. Corporate representatives who have chosen to forego such company possibilities in deference to environmental concerns or who have decided to raise expenses and reduce earnings to discover more environmentally friendly alternatives would take the ethical path above the strictly legal one.Another instance of company globe ethical but illegal conduct would require violating confidentiality contracts to communicate significant data to the public. So-called "whistleblowers" are regularly in a position of behaving ethically at the cost of legislation or binding corporate policies. Book publishers may participate in ethical but illegal behavior by publishing a book that exposes public secrets if the author was a public worker and the book contains data that the author was sworn to safeguard against disclosure. To some, for ethical purposes, Eric Snowden breached privacy legislation.
. Discuss an example of a company, organization, brand, or public figure that did something that was legal but, in...
Give an example of an action/behavior that you feel is both legal and ethical, legal but unethical, illegal but ethical and both illegal and unethical. Please mark your examples by LE, LU, IE and IU respectively. For example: LE - crossing the street at a crosswalk, LU - starting to cross just as the countdown is ending and crossing very slowly, IE - starting to cross after the countdown ended but crossing very quickly, IU - grand larceny.
Below are some real-life situations that present ethical questions in a business. Discuss at least two situations (of course you can discuss all of them) and look at it (a) from a strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from a point of view of what is best in the long run for the company. Look at each situation from the perspective of all groups concerned: customers, stockholders, employees, and community and not just your...
As a CPA, you are experiencing significant ethical and legal issues in your public company. You suspect that the CEO and CFO might be recognizing revenue before it has been earned. You also know that the preliminary sales estimates reflect a shortfall of approximately $5 million. Bonus money is predicated on reaching the quarterly target. You stand to miss a $25,000 bonus if the target revenue figure is not met. You are somewhat conflicted because you don’t want to be...
Discuss some of the community efforts and public relations activities that your organization (or one that you research) develops to create a positive image for their brand. Are they effective?
QUESTIONS Question 1 (25Marks) Select a specific customer segment of your chosen organization. Discuss the impact of technology on this segment's thinking, behavior and experience when purchasing products or services Question 2 (25Marks) a. Your company has decided to launch a new product or service, but before doing so you need to gather some customer insight by conducting marketing research. Discuss the stages of the marketing research process to contribute to a successful launch. b. Analyze the measures your chosen...
identified and discuss at least three alternatives (options) that the company could consider. for each option indicate if it is legal and ethical, probably legal but unethical or illegal and unethical. what are your recommendations? in other words, of the several alternatives you identified what do you think the company should do? what is your rationale for your recommendations? in other words, why do you recommend this course of action? 4 What is your rationale for your recommendations? In other...
1. In our English common law legal system (whether on the Federal or state level), a precedent is an earlier court decision/opinion that later courts tend to follow as guidance for resolving a similar legal dispute before it. 2. Stare decisis is the basis on which the legal system of the United States is based and it means that the courts of today should be guided by earlier court decisions/opinions that are precedent. 3. Statutory law is a source of...
Scenario # 2 : Chicken International Group You are the CEO of a chicken-processing company. The Vice President of marketing informs you that if you label your chicken as “free range” you can charge 20% more and greatly improve profit margins. You find out that all that needs to be done to legally use the term “free range” is to open the door to the hen house for 5 minutes a day. This provides the chickens with access to the...
Examine the guidelines for informative speaking and discuss the potential ethical or legal implications for inaccurate or misinformative speaking. Support your ideas with specific details from at least one real-world example.
When did same-sex marriage legal in your state and/or your country? What are the arguments for and against it in your local cultural context? What social impacts do you think it has had in your state? What has caused public opinion to shift? What other social institutions are affected by same-sex marriage policies?