What are the ethical and unethical practices in business?

Ethical behavior, simply put, is doing the right thing. Unethical behavior is the reverse. In the workplace, unethical behavior certainly includes any deeds that violate the law, such as theft or violence. Examples of unethical behavior can be found in all types of businesses and in many different areas.

Why is Coca Cola an unethical business?

Since the 1990s Coca-Cola has been accused of unethical behavior in a number of areas, in- cluding product safety, anti-competitiveness, racial discrimination, channel stuffing, dis- tributor conflicts, intimidation of union workers, pollution, depletion of natural resources, and health concerns.

What is an example of an unethical situation?

Someone lies to their spouse about how much money they spent. A teenager lies to their parents about where they were for the evening. An employee steals money from the petty cash drawer at work. You lie on your resume in order to get a job.

What are the ethical business practices?

Top Ethical Business Practices

• Define Your Values.
• Decide On Appropriate Disciplinary Action.
• Hold Your Leaders to High Standards.
• Incentivize Ethical Behavior.
• Keep Ethics Top of Mind.
• Become Active in Your Community.
• Hire a Diverse Range of Employees.
• Monitor Your Suppliers.

How is KFC unethical?

Fast food giant KFC has laid bare the realities of chicken production after admitting to poor welfare conditions among its suppliers. The push for high growth rates and maximum amounts of breast meat has exacerbated health and welfare problems for birds, including inability to move and liver and heart failure.

Is Starbucks ethical?

For the 12th consecutive year, Starbucks has been named one of the World’s Most Ethical Companies by the Ethisphere Institute. The company is the only honoree in the Specialty Eateries category for 2018, underscoring their commitment to leading ethical business standards and practices.

How is Nike unethical?

The public was astounded by the allegations of physical and verbal abuse taking place in Nike’s sweatshops. It was found that up to 50\% of the factories limited their employees’ bathroom and water usage.

Is Google an ethical company?

But this year, research organisation Ethisphere have voted Google one of the world’s most ethical companies (WME). In the 2014 winners’ list, cynical readers will point out that Google is not just the most ethical company in the Computer Services category, it is the only company in the Computer Services category.

What are some examples of unethical business?

Examples of Unethical Behavior Exploiting workers Over-billing customers Exploiting tax loopholes Dumping toxins into the air or water Prescribing unnecessary medical procedures Covering up car defects Designing phones so that users accidentally accept data charges Creating fake identities Using falsified portfolios

What are some unethical business practices?

Unethical business practices actively or passively cause harm to people, animals or the environment. These may include child labor, forced labor, unfair wages, animal testing and dumping toxic waste into the environment.

What is unethical behavior in business?

Unethical behavior in business runs the gamut, from simple victimless crimes to huge travesties that can hurt large numbers of people. Whether it is stealing a pen, padding an expense report, lying to avoid a penalty or emitting toxic fumes into the air, unethical behavior cannot be condoned by a company.

What is unethical business?

Unethical Business Practices. It is considered unethical to not make an attempt to properly secure data and promptly fix any breaches of security. Invoice Fraud: This unethical business practice involves falsifying sales documents in order to either steal from customers or inflate the company’s sales figures.