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Essay / Research Paper Abstract
This paper discusses whether businesses can successfully sustain ethical behavior and morals while earning a profit. The paper demonstrates examples of businesses that have behaved unethically, and attempts to define how a business should examine ethical behavior.
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10 pages (~225 words per page)
File: D0_MTbuseth.rtf
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of protesters all to willing to smash windows and block traffic in their combined zeal to accuse the attending multinational corporations of not being "ethical." Those ethics can range from
polluting the environment to refusing to help the poor of a given nation. Its true that, before the 1990s, ethics in business wasnt really a consideration. The only responsibility that
a company had was to get rich, meet its payroll and, if the company was public, to meet its shareholder requests. In light of events during the 1990s and 2000s,
however, ethics is getting a boost. Immorality in the Oval Office is beginning to trickle down into the business community. Overview -- Definition of Ethics
To many companies, "business" and "ethics" just dont go together - theyre oxymorons; its almost impossible to make a buck and be ethical about it as
well (The Economist, 2000). Many experts concur - companies, they say, arent in the business ethics, social responsibility, morals or the environment - governments should regulate these businesses more effectively
if that is their main goal (The Economist, 2000). Said Milton Friedman: " . . . there is one and only one social responsibility of business--to use its resources and
engage in activities designed to increase its profits" (The Economist, 2000). To Ulrich Steger, who teaches environmental management at the International Institute for Management Development in Lausanne, ethics should be
focused on one thing only, namely how shareholders are treated (The Economist, 2000). Within that parameter, the company can become involved in whatever social or environmental goals it wants to
pursue (The Economist, 2000). But despite the handful of experts who disdain the idea of ethics in business, in America, as well
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