Unethical Companies | Ethical Footprint. We’ve all seen those commercials – the ones where a tantalizing burger is topped perfectly with crisp lettuce, the bun looks like it just was just baked, and everything is stacked up perfectly. Those are the commercials that make you crave that Big Mac. Yet when you finally pull away from the drive-thru window, the lettuce on your sandwich is wilted, the bun is squished into a pancake, and you have to restack everything before you dare to bite into it. So what about those other commercials that we’ve all seen? A Wal-Mart associate smiles back at you from your television, beckoning you with the ultimate family image and low prices.
Just like that Big Mac, you assume that what you see is what you’ll get at the supercenter, but when you wander through the doors past the Wal-Mart greeter, you wonder how all their employees seem to be in a perpetual bad mood. The answer is simple, and it lies in the Wal-Mart 2010 Financial Report. And it doesn’t stop there. So what does this all amount to? Top 10 Unethical Business Actions. Crime This list was originally titled “Most Evil Corporations” but the author thought it would be best to keep the site’s neutral status and minimize the probability of this list being classified as slander.
As long as there has been big-business there have been dubious and flat-out immoral actions taking place to preserve profit, market share and public image. This list cannot be ranked too effectively, as the extent and severity of the misdeeds cannot be measured, but the items have been chosen because of their human and long-term cultural impact. Wal-Mart Lack of compassion Tip of the iceberg can describe the story below. In 2000, a collision with a semi-trailer left 52-year-old Deborah Shank with permanent brain damage and in a wheelchair. Wal-Mart was fully entitled to the money; in the fine print of Mrs. However this case pinpoints Wal-Mart’s often criticized treatment of employees as a commodity and its sometimes inhuman business ethics.
Trafigura Attempting a monopoly of patents. Apple iCheat: How the World's Biggest Company Also Became the Most Unethical. This piece originally appeared on Demos' Policy Shop. Follow them on Facebook and Twitter It's becoming harder and harder to ignore a depressing fact: One of America's most admired companies is also among its least ethical. Yes, that would be Apple. Now, in response to the latest expose on Apple -- the long New York Times article detailing the company's tax evasion -- any number of commentators have leaped to the company's defense to say that it doesn't behave any differently that many other companies that exploit tax loopholes.
And yes, that is true. If all that is so, why single out Apple as being especially unethical? Three reasons: First, is scale. A second reason to single out Apple is because, as the nation's top company, it has a greater responsibility for ethical leadership. Third, Apple can afford to behave better. Steve Jobs once told Barack Obama that, in order to compete for tech jobs, the United States needed to train many more engineers and other skilled workers.
Unethical business practices in Niagara. Home - Action For Our Planet. The 12 Least Ethical Companies In The World: Covalence's Ranking (PHOTOS, POLL) Can ethics be quantified? Or, better yet, can a lack of ethics be quantified? This week, the Swiss research firm Covalence released its annual ranking of the overall ethical performance of multinational corporations. The idea behind the Covalence research is that there's value -- both for companies and consumers -- in measuring corporations against an ethical standard. (We're hoping this idea also applies to Wall Street firms.) To complete its ethics index, Covalence compiled both quantitative and qualitative data, spanning seven years, for 581 companies. The data encompass 45 criteria that include labor standards, waste management and human rights records. And because it is a reputation index, the Covalence survey also incorporates media, industry and NGO documents into its evaluation.
Check out a snapshot of the 12 companies with the worst ethical ratings, and some of the things they've done to earn the ranking: Now Make Your Own Top 5 And Share with Your Friends. Nestle's Social Irresponsibility in Developing Nations | Business Ethics Case Studies | Ethics Cases | Case Study. Abstract: The company was severely condemned by health agencies around the world for its marketing of infant formula in developing countries, by conveying the message that the formula was better for babies than mothers' milk. There were also demands on the company to stop purchasing cocoa from the Ivory Coast, where bonded labor and children were used on plantations to harvest cocoa beans.
Nestlé also became mired in a controversy for selling genetically modified food in some Asian countries without labeling them explicitly. Pure Life, the mineral water brand the company launched in some Asian countries, was also criticized for being too high priced. Issues: » Understand the importance and role of corporate social responsibility in a Business Ethics » Examine unethical corporate practices and their impact on a company's image and credibility Contents: Keywords: Nestle's Social Irresponsibility in Developing Nations- Next Page>> Custom Search.