SlideShare a Scribd company logo
Ethical issues
and Dilemmas
NAME
The morality of Labor strikes:
• Labor strikes describes collective action undertaken by groups of workers
in the form of a refusal to perform work.
• Workers wants to be paid well, have safe work conditions, Job security,
Job promotion, have a union, privacy, and so on. So if they aren’t satisfied
with this things they make organized effort of employees in an industry to
compel the employer to comply with the certain demand.
• It is generally a last step in a labor-management dispute.
• Types of strikes :- sympathy strike, sit down strike, general strike
Reasons
why
workers go
on a strike
For shorter working days
Pressurize government to change policies
to stop their wages from going down
for more benefits
because they think their company has been unfair
Improve the workplace
For higher compensation
Unfair competition
• Competition is the rivalry between companies selling similar products and
service with the goal of achieving revenue and market-share growth.
• During this course a producer can manipulate the marketing mix tactically
to with the goal of succeeding in the rivalry.
• This tactics and manipulation may be an unjust and often illegal attempt.
• Examples: False and misleading advertisement, Price fixing, Trade mark
And trade infringement, misappropriation and invoicing activities .
• Harm business reputation, cause financial losses, customer trust, effects
on sales of business.
• Hence it is considered as one if the unethical and illegal commercial
conducts.
Money laundering
Money laundering refers to the process of cleaning illegal earning.
Generally, it is known as the act of washing black money into
white. It is an illegal and unethical activity.
Earning from tax crime, fraud, drug trafficking, theft, bribery,
corruption, gambling and other illegal crimes is black money.
Helps avoid detection, evade taxes, and enjoy benefit of ill-gotten
wealth
Structuring (smurfing), cryptocurrencies, adding assets like
business helps avoid suspicion
Whistle-blowing
• The act of releasing information by existing or former employees of an organization about
illegal and/or unethical activity, or other wrong doing of their associated organization.
• Conflict between individuals values and unethical organizational practices.
• Whistleblower is the person who report wrong doings like fraud, corruption, illegal activity
• Whistle blower are protected – from retaliation like harassment for speaking up, security
reasons
• Ethical dilemma – difficult choice, risk carrier or life, personal safety
• A miscarriage of justice
• Example of whistle blower are :
Edward Snowden Who leaked classified information about NSA’s surveillance programs.
Jeffrey Wigand, who exposed the tobacco industry manipulation of nicotine.

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Business ethic.pptx

  • 2. The morality of Labor strikes: • Labor strikes describes collective action undertaken by groups of workers in the form of a refusal to perform work. • Workers wants to be paid well, have safe work conditions, Job security, Job promotion, have a union, privacy, and so on. So if they aren’t satisfied with this things they make organized effort of employees in an industry to compel the employer to comply with the certain demand. • It is generally a last step in a labor-management dispute. • Types of strikes :- sympathy strike, sit down strike, general strike
  • 3. Reasons why workers go on a strike For shorter working days Pressurize government to change policies to stop their wages from going down for more benefits because they think their company has been unfair Improve the workplace For higher compensation
  • 4. Unfair competition • Competition is the rivalry between companies selling similar products and service with the goal of achieving revenue and market-share growth. • During this course a producer can manipulate the marketing mix tactically to with the goal of succeeding in the rivalry. • This tactics and manipulation may be an unjust and often illegal attempt. • Examples: False and misleading advertisement, Price fixing, Trade mark And trade infringement, misappropriation and invoicing activities . • Harm business reputation, cause financial losses, customer trust, effects on sales of business. • Hence it is considered as one if the unethical and illegal commercial conducts.
  • 5. Money laundering Money laundering refers to the process of cleaning illegal earning. Generally, it is known as the act of washing black money into white. It is an illegal and unethical activity. Earning from tax crime, fraud, drug trafficking, theft, bribery, corruption, gambling and other illegal crimes is black money. Helps avoid detection, evade taxes, and enjoy benefit of ill-gotten wealth Structuring (smurfing), cryptocurrencies, adding assets like business helps avoid suspicion
  • 6. Whistle-blowing • The act of releasing information by existing or former employees of an organization about illegal and/or unethical activity, or other wrong doing of their associated organization. • Conflict between individuals values and unethical organizational practices. • Whistleblower is the person who report wrong doings like fraud, corruption, illegal activity • Whistle blower are protected – from retaliation like harassment for speaking up, security reasons • Ethical dilemma – difficult choice, risk carrier or life, personal safety • A miscarriage of justice • Example of whistle blower are : Edward Snowden Who leaked classified information about NSA’s surveillance programs. Jeffrey Wigand, who exposed the tobacco industry manipulation of nicotine.