money, attitude, and unethical behavior
Money, Attitude, and Unethical Behavior
Business Research Methods
December 11, 2013
Introduction
Many believe that the success of a business is determined by they amount of money they generate on an annual basis. Because of this widespread belief, we often see a lack of morals, values, and ethics incorporated into the business. Many businesses feel as if there is no room for ethics in the business world and that the relationships built should focus solely on the generation of revenue.
According to Merriam Webster dictionary, we can define ethics as, “the discipline dealing with what is good and bad and with moral duty and obligation.” Every company has a code of ethics in order to determine the company’s culture and values. It also acts a driving force behind any decisions made by top executives. In market where there are so many profit-based businesses, often times we see the many difficulties in balancing the pursuit of profits while staying true to their code of ethics. The balance of ethical practice and profit maximization causes companies to face difficult decisions and many times businesses choose profit maximization. Business-to-Business and Business-to-Consumer transactions require frequent interaction. In every type of business transaction, whether it is B2B or B2C, there is going to be different motivation behind it, which will determine the nature of their interaction.
Is it possible to find statistical data that can determine a relationship between the love of money and unethical behavior? And if so, is this relationship affected by gender or college major? We will be answering these questions by the usage statistical evidence found in an article called, Intelligence Vs. Wisdom: The Love of Money, Machiavellianism, and Unethical Behavior across College Major and Gender written by Dr. Chen and Dr. Tang. This are will help us discover whether or not there is a relationships between the two variables. We have developed
Business Research Methods
December 11, 2013
Introduction
Many believe that the success of a business is determined by they amount of money they generate on an annual basis. Because of this widespread belief, we often see a lack of morals, values, and ethics incorporated into the business. Many businesses feel as if there is no room for ethics in the business world and that the relationships built should focus solely on the generation of revenue.
According to Merriam Webster dictionary, we can define ethics as, “the discipline dealing with what is good and bad and with moral duty and obligation.” Every company has a code of ethics in order to determine the company’s culture and values. It also acts a driving force behind any decisions made by top executives. In market where there are so many profit-based businesses, often times we see the many difficulties in balancing the pursuit of profits while staying true to their code of ethics. The balance of ethical practice and profit maximization causes companies to face difficult decisions and many times businesses choose profit maximization. Business-to-Business and Business-to-Consumer transactions require frequent interaction. In every type of business transaction, whether it is B2B or B2C, there is going to be different motivation behind it, which will determine the nature of their interaction.
Is it possible to find statistical data that can determine a relationship between the love of money and unethical behavior? And if so, is this relationship affected by gender or college major? We will be answering these questions by the usage statistical evidence found in an article called, Intelligence Vs. Wisdom: The Love of Money, Machiavellianism, and Unethical Behavior across College Major and Gender written by Dr. Chen and Dr. Tang. This are will help us discover whether or not there is a relationships between the two variables. We have developed
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