Ethical Issues In Business

By >> Summer

The business sector has always been plagued with the onslaught of accusations of unethical practices. The accusations sometimes have basis and are well grounded with facts. Ethical business issues have resounded in the news in the previous years; so much so that people have developed trust issues with the industries involved with these.

Because of these, businesses today are now called to answer to the call of responsibility. Practicing ethics in business tackle a wide range of areas. It can go from internal to external codes and practices. Although some businesses have special calls, there is a commonality between all of them.

Ethical investing means exerting effort in making the lives of other people better. It means getting involved in social issues especially those that affect the business’ immediate community. Today, this is commonly referred to as corporate social responsibility.

The marketing department of a business is also one critical telltale if a business is practicing ethical standards. Since marketing makes the bread and butter of the company, this is very important. Practicing ethical standards in marketing goes beyond just and fair pricing: it also means clarity on size and content. Advertising falls in this category too. Advertisements should not be deceptive or misleading.

Voiceville Communications, Inc. When the going gets rough, we move mountains.

“Gift-giving” to potential clients or to law enforcers is considered a bribe especially if the “gift” implies a “return of favor.” These are often to secure a “contract” or to “increase favor in the eyes of the officer so the business can get away with the law.”

Read on how to instill values in your employees

About the Author

The author is a SME for an account in Voiceville Communications, Inc. Voiceville is committed to delivering client expectations. We customize systems to support each client’s campaign and attentively address their needs. This strategy is what holds our clients over time with us.

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