17-Extra Credit on ethics and business
Extra Credit blog assignment: We have discussed whether Edison’s involvement in the debates about capital punishment ethical or unethical. Now use the case as an example to discuss whether good business practices always involve ethical behavior. Do you think the kind of tactics Edison used are ever justified in modern business? The extra credit posting is due before class on Mon Dec 1st. Make sure to check the boxes on the posting page for your name (under people) and EC Business Ethics (under assignments).
Engl 101-MTA Blog, Fall 2008 
November 30, 2008 at 5:27 pm |
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.
November 30, 2008 at 5:29 pm |
sorry, you can delete the comment, I posted it in the wrong place.