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Case Tom
The Essentials Of Business Ethics Part 1 – A Lectures Series By Tom Mckenzie
The Essentials of Business Ethics Part 1 – A lectures series by Tom McKenzie
Even though the majority of companies strive to conduct their business ethically it is important to have laws in place as guidelines. Laws protect the customers, employees, society and other businesses from other people's unethical behaviors.
Business ethics are similar to laws in that they both are subject to change according to the times. For example, slavery used to be acceptable but now it is not only unethical but also illegal and unconstitutional. When you act unethically, then you goal is to benefit the company without any regard for the effect of this action on other people.
Even if the majority of companies conduct their business ethically, there is still a need for laws to protect costumers, the environment and other companies. There are still figures like John Davison Rockefeller, which is an example of why laws need to be in place. Laws such as antitrust laws keep companies from becoming monopolies, and consumer safety laws ensure that consumers are not harmed or negatively affected by commercial products.
There are also environmental protection laws that protect the future health and prosperity of our communities, and their environments. Business ethics and laws act as guidelines of the correct way business should be conducted. They differ because business ethics are more of a conscious decision or moral judgment, while laws actually enforce the correct behavior of companies and carry consequences for those who do not comply.
There is always the want, need, and desire to create profits and gain power. Because of this greed, there is a need for laws. The laws are there to define what is unethical.
My wife and I like to watch this show called "American Greed" on CNBC. Last night the show profiled the creator of Enzyte and founder of Berkeley Nutraceuticals, Steven Warshak. According to customers in addition to selling a product that does not produce the promoted results, Mr. Warshak also engaged in a illegal reoccurring billing scheme that milked its customers out of $100 million dollars. Eventually Mr. Warshak and his associates are caught and he is sentenced to 25 years in prison.
Companies strive to run their business ethically; however it is because of individuals like Mr. Warshak that we have laws in place that protect the consumer.
The real rub to the Enzyte story is that the product (that according to former customers, does not work) is still being sold today. Another company purchased the rights to market and sell Enzyte. A quick lesson form Enzyte case is that actual product was scrutinized for being ineffective, but Berkeley Nutraceuticals illegal billing scam attracted the attention of four branches of the Justice Department.
For more information on the Enzyte Collapse you can view the following link http://www.cnbc.com/id/35988285
Having good ethics is a reflection on the business and a benefit to the shareholders. Johnson and Johnson pulling all Tylenol products is a prime example of following ethics no matter the cost.
Having no ethics does just the opposite and has the potential to ruin a business as in the case of Dow Corning's unethical behavior in the case of silicone implants. The company had been warned by an engineer previously of the dangers and defects of their products, but out of greed, they did nothing ultimately putting lives at risk.
There is an Old Italian saying that goes "You have to keep an honest man honest". Ethics are a moral compass within us designed to steer our path through life. It is that little voice that says to you "this isn't right", even if you cannot pull a law from the books that agrees with you.
Tom McKenzie
This lecture series is part one of a three part series of lectures on Business Ethics. If you would like the entire series or free videos from this lecture series then please contact Tom McKenzie at the at imagemaximus@gmail.com
About the Author
This lecture series is part one of a three part series of lectures on Business Ethics. If you would like the entire series or free videos from this lecture series then please contact Tom McKenzie at the at imagemaximus@gmail.com
writting an appeal for and English 2 assignment.....on to kill a mocking bird and the tom robinson case?
so for my english class we were reading to kill a mocking bird, for a writing assignment we have to write an appeal letter to the judge of the book as atticus finch asking for a fair trial for Tom Robison in the book. I have no idea what an appeal is or how to write a 3 paragraph one with an intro and conclusion.
Write it as if you're Atticus.
First paragraph: this is just your intro, blah blah, I'm Atticus Finch, representing this guy Tom Robinson, he's been accused of rape, etc., and I'm asking for a fair trial because I don't believe he's getting one.
Second paragraph: Here you state your reasons why you think he can't get a fair trial. I would talk a lot about what you know about the town of Maycomb as far as how blacks and whites lived in relation to each other, talk about the inequality of the Jim Crow South in general, about how Atticus is getting a lot of grief from whites for even representing a black man, how people think it is some terrible thing to be a "nigger lover," stuff like that
Third paragraph: Here state what you think a fair trial would look like. Hint: a fair trial would involve a jury made up of the defendant's peers, right? Well, Tom is black and all the jurors are white. So, putting some blacks on the jury would make it a lot more fair, right? Also, blacks and whites aren't even equal in the courtroom, as blacks had to sit segregated in the balcony.
Good luck.
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