In recent years, Nike has been embroiled in a number of controversies related to its business practices. From allegations of sweatshop labor to concerns over the environmental impact of its products, Nike has faced criticism from a variety of groups. Despite its efforts to improve its corporate image, Nike still faces ethical challenges in its … Read more
Samsung’s vision is “to lead the digital convergence movement by providing convergence technology and products that satisfy people’s needs”. Samsung’s mission is to “be the best global company making people’s lives richer, easier and happier through innovative technology and products”. Samsung upholds the highest standards of business ethics and is committed to being a good … Read more
Wal-Mart has been accused of many unethical business practices, such as gender discrimination, Wal-Mart: Unethical Business Practices Wal-Mart is the largest corporation in the world and it has been accused of many unethical business practices. The company has been accused of gender discrimination, paying its workers low wages, and not providing them with adequate health … Read more
Unethical business research conduct can take many forms, from manipulating data to bribing subjects. Clinical trials, in particular, are often rife with ethical problems. Subjects may be given false information about the risks and benefits of participating in a trial, or they may be coerced into taking part in a study. Sometimes, researchers may even … Read more
Ethics are important in business because they provide a framework for making decisions that consider the rights of others. Businesses that operate ethically create an environment of trust and respect, which can lead to better relationships with customers, employees, and the community. There are many different approaches to ethics in business, but some common themes … Read more
Sweatshops: Economical v. Ethical As corporate social responsibility is being widely implemented and scrutinized among society, sweatshops have become a controversial topic. Many view sweatshops as an unethical practice of corporations. However, it may not be perceived the same to others. Globalized companies take advantage of the cheaper labor costs when issuing their factories in … Read more
With profits plummeting and negative attention flooding in following the exposure of sweatshops in overseas factories, it became clear that Nike’s image had to change—and fast. Though not the only company caught in the cross-fire following the documentation of atrocious working conditions, Nike managed to capture the spotlight. As a member of society, I feel … Read more