Recently,
many companies have committed illegal and unethical actions in the business
side. As a result, these companies try to use illegal and unethical actions for
purpose of maximizing their profits only. According to the Management Leading and Collaborating,
Business ethic: “comprise the moral principles and standards that guide
behavior in the world of business” (164).
First
unethical business action is bribery and crook, and both these action
are not considered unethical only but illegal based on international law and
the USA law. However, many companies decide to take these actions for the
purpose of increasing their net income. For example, Halliburton Company was
taking these actions. The article “What We Know a Scandal-Hit Firm Fights”, mentions
unethical actions has done by Halliburton company, “There was a bribery
scandal in Kuwait, and a flap over the price of petrol imported into Iraq from
Kuwait. Then it surfaced that the firm may have charged American taxpayers for
millions of meals that were never actually served to soldiers in the Middle
East” (The Economist).
The second unethical action is slave workers. slave workers could be
considered as an illegal in some countries. On other hand, slave workers could
be considered as legal action in some Non-industrialized countries. To be
specific, a big companies use their workers as a slave, and they will put in
unsafe conditions. Also, they force the workers to work for long hours and they
pay for them low wages. Therefore, the company pays low wages, so they can
reduce the cost of indirect labors and maximize their profits. According to
the article , “Putting a Human Cost On The Ipad”, “ Apple company , which
reported $13 billion in
profits yesterday, has been plagued by reports of long hours, unsafe
working conditions, and physical punishment of employees in factories that make
parts for its popular devices” (Musil , CBSNEWS).
The third unethical action is waste dumping, and polluting the
environment. Waste dumping could lead to death of residents of a specific
area. According to the article , “How UK oil company Trafigura tried to
cover up African pollution disaster” , “The Guardian can reveal evidence today
of a massive cover-up by the British oil trader Trafigura, in one of the worst pollution disasters in recent history. (Leigh). Trafigura oil company would
not even to compensate money for the people who died from
the waste dumpster. After three years , Trafigura announced that they are
going to compensate money for the people who have suffered health problems from
the waste dumpster.
Finally,
many companies use illegal and unethical actions for the profit purposes, but
sometimes these companies do not face any punishment for wrongdoers because
they have political powers.
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