http://101mtaf08.wordpress.com Mason Topics Engineering Link Mon, 01 Dec 2008 18:56:49 +0000 http://wordpress.com/ hourly 1 http://101mtaf08.wordpress.com/17-extra-credit-on-ethics-and-business/#comment-1338 rreynoso2 Sun, 30 Nov 2008 22:29:08 +0000 http://101mtaf08.wordpress.com/?page_id=61#comment-1338 sorry, you can delete the comment, I posted it in the wrong place. sorry, you can delete the comment, I posted it in the wrong place.

]]> http://101mtaf08.wordpress.com/17-extra-credit-on-ethics-and-business/#comment-1337 rreynoso2 Sun, 30 Nov 2008 22:27:57 +0000 http://101mtaf08.wordpress.com/?page_id=61#comment-1337 Good business practices does not always involve ethical behavior but can cause ethical behavior as a consequence. For example, a bread maker may not be making cheap bread to feed the hungry, but to make money which he will use to live off of. He will by any means, sell his bread in any way possible, such as lowering his price to hurt another business. The way Edison tried to keep his business alive was by trying to harm the reputation of the other business. This is seen in today's modern business as well. Advertising is one of the biggest ways to put out a good and also turn away business from your opponent. An example is medicine commercials where one medicine says its better than the other brand because it cures many different illnesses. The other brand tells its consumers that it is better than the rest because it targets one specific illness and is therefore more effective and your not taking medication for a symptom you don't have. Good business practices does not always involve ethical behavior but can cause ethical behavior as a consequence. For example, a bread maker may not be making cheap bread to feed the hungry, but to make money which he will use to live off of. He will by any means, sell his bread in any way possible, such as lowering his price to hurt another business. The way Edison tried to keep his business alive was by trying to harm the reputation of the other business. This is seen in today’s modern business as well. Advertising is one of the biggest ways to put out a good and also turn away business from your opponent. An example is medicine commercials where one medicine says its better than the other brand because it cures many different illnesses. The other brand tells its consumers that it is better than the rest because it targets one specific illness and is therefore more effective and your not taking medication for a symptom you don’t have.

]]>