Why businesses should invest in good ethical practices
The headlines scream "CEO Steals millions from employee pension plan", "Company dumps tons of gallons of waste into illegal dump" or "High ranking executive accepting bribes". Over the last several years seems there is often a story in the news or social media that relates to corporate ethics, or in these cases, lack thereof. Corporate ethics can get complicated, but when you come down to the nuts and bolts of the matter, it's not very different from personal ethics. So exactly what is corporate ethics? What is an ethical dilemma? We are presented with ethical dilemmas when faced with a decision where available choices conflict. Sometimes the choices are obvious and we know the right thing to do, but other times we're presented with choices where either or both options contain "gray" areas. It could be in the sense where one of the actions is questionable, or it could be that no matter which we choose, there will be unfortunat...