Ethical Principals
Ethical Principles in the Corporate World
By:
Brian Renshaw
Courtney Kubat
Stephanie Angellotto
IFMG 300 B04
Abstract
Ethical issues are an area of the corporate world that most businesses deal with on a regular basis. The importance is growing with the continuous development of technology. Companies need to be aware of ethical obligations of their products and decisions. Privacy is a problem that occurs due to the fact that companies can access individuals’ information on the history of the websites a person has visited to develop customer trends through cookies, web bugs, and other means. Following ethical principles is essential to keep corporations on top and away from any negative consequences that unethical practices may lead to. This paper will look at different areas of ethics involved in the corporate world, such as, privacy, technological trends, and liability, as well as several other important areas.
Introduction
The importance of ethics in business is growing as firms become more dependent on information systems. The consequences of unethical behavior can cause harm to the company and society. Scandals like Enron, Arthur Anderson, and WorldCom had a devastating impact on the people that depended on those companies. The ease of Information Systems has caused concern that employees may be tempted to use unethical behavior. Technology can give a company access to information of a user without the user’s knowledge. Increased technology has made it easier than ever to copy copyrighted materials. Corporations also have to be aware that their systems might fail, raising the question who is responsible for failed systems? The company? The consumer? All of these situations are examples of ethical situations that corporations face everyday. Ethical behavior can exist through technology, intellectual property, and quality of life, accountability, privacy, as well as ethical principles. When corporations are faced with
By:
Brian Renshaw
Courtney Kubat
Stephanie Angellotto
IFMG 300 B04
Abstract
Ethical issues are an area of the corporate world that most businesses deal with on a regular basis. The importance is growing with the continuous development of technology. Companies need to be aware of ethical obligations of their products and decisions. Privacy is a problem that occurs due to the fact that companies can access individuals’ information on the history of the websites a person has visited to develop customer trends through cookies, web bugs, and other means. Following ethical principles is essential to keep corporations on top and away from any negative consequences that unethical practices may lead to. This paper will look at different areas of ethics involved in the corporate world, such as, privacy, technological trends, and liability, as well as several other important areas.
Introduction
The importance of ethics in business is growing as firms become more dependent on information systems. The consequences of unethical behavior can cause harm to the company and society. Scandals like Enron, Arthur Anderson, and WorldCom had a devastating impact on the people that depended on those companies. The ease of Information Systems has caused concern that employees may be tempted to use unethical behavior. Technology can give a company access to information of a user without the user’s knowledge. Increased technology has made it easier than ever to copy copyrighted materials. Corporations also have to be aware that their systems might fail, raising the question who is responsible for failed systems? The company? The consumer? All of these situations are examples of ethical situations that corporations face everyday. Ethical behavior can exist through technology, intellectual property, and quality of life, accountability, privacy, as well as ethical principles. When corporations are faced with
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