ethical issues

Running head : Ethical issues

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Ethical Issues

There are numerous ethical issues involved in any organization . Such include , provision of corrupted financial statements by the organization , poor advertising practices , and failure to engage in interactional justice practices in addressing conflicting situation in the organization . This essay seeks to gives a discussion on three business problems that challenge the sustainable economic development of an investment . A discussion on viable solution to these ethical issues is also given by the author

The importance

on ethical practices in business can be evident the in failure of numerous corporations due to financial scandals . Among the many , WorldCom and Enron corporation remains eminently quoted in the twenty first century . According to available information , WorldCom Corporation had been involved in a number of financial scandals in the stock exchange market , which did not match its capital standards at the time . True to the letter , such were quite influential factors in driving the company to its downfall in 2002

Based on this reasoning , financial statements find one of the most crucial ethical issues in any investment . This is because , it influences the decision making behavior of the investors into the stock market . in addition , the principles of effective decision making process at the management level dictates for availability of accurate financial information to ensure that the decision are reflective of the available implementation resources . This has the implication that , companies should engage in ensuring in highly ethical business practices to enhance not only...