This section contains 1,663 words (approx. 6 pages at 300 words per page) |
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The Consequences of Bad Business Decisions
Summary: Examines American businesses that made bad mistakes and ended up in a scandal or closure. References recent scandals at Enron, WorldCom, and Arthur Anderson. Contends that business leaders have lost their values and ethics, and make bad business decisions.
In today's world business is very competitive. To compete with other company's executives have turned to corrupt practices. Once respected businesses like Enron, WorldCom, and Arthur Anderson have been found deceiving there customers, stockholders, and employees. C.E.O.'s try to achieve the American dream and pursue capitalism to its fullest potential. In doing so, business leaders have lost their values and ethics, and make bad business decisions. The downfalls of a company are the consequence of C.E.O.'s bad decisions.
According to Marjaana Kopperi "business ethics, can simply be defined in terms of social and ecological responsibility of business. According to this definition, business ethics requires that business decisions should not be made exclusively from the narrow, economical perspective, but also the social and ecological concerns should be taken into account. This means that people who work in the business life should consider how...
This section contains 1,663 words (approx. 6 pages at 300 words per page) |
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