Business Ethics Case Study

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Recommended: Importance of business ethics in organization

Have business and management become more unethical? Why or why not? Please share a specific example from recent business news to support your position.

Will business ethics fade away? Business scandals have been on the rise; some cases are more popular than others such as financial scandals Enron 2001, Saytam Scandal (2009) or sweatshop scandals such as with H.M and Nike.

Business ethic troubles are like airplane crashes; when an airplane crashes the story is broadcasted internationally, people want to know the why and how. It is no different with corporate scandals, once an organization is accused of committing fraud, it blasted all over the news, and everyone wants to know why it happened, how and who is to blame. Corporate scandals are being dissected and analyze, yet the crisis of unethical behavior is on the rise.

The business world is a complexed and number of business scandals has increased in the past years. Within the business realm, ethics has taken on a notably dingy hue. The year of 2015 saw some disturbing unethical behavior from Volkswagen 's emissions-testing scandal lying to regulators and consumers and exuberant price hike Turing Pharmaceutical for a …show more content…

Business managers must take an active role in the solution, instead of being part of the problem. Business schools need to teach its students the importance of leading with integrity and must share their ethical standards within the workplace. According to the article "Leadership Values and Workplace Ethics" June (2016) "The best leaders exhibit both their values and their ethics in their leadership styles and actions." Leaders who cultivate a positive organizational culture maintain the integrity the organization and the trust of its employees as well as its shareholders; also in the long run ethics

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