Discussion topic for class Law, Ethic & Corp. Governance. (LEG 500)
Unethical conduct is not necessarily illegal conduct; however, the difference between ethical and unethical conduct can be difficult to spot. Using the Internet, identify an example of when a company engaged in legal, but arguably unethical, conduct. Next, determine two (2) reasons why this conduct could be deemed unethical and why you believe the company failed to make the right decision. Lastly, speculate on the ramifications of the companys arguably unethical conduct on its customer base. Justify your response.
Directions: answer each part of the questions with proper support. The support should include the law and the information you learned from the reading and the lectures.
1. Find an example of a company that has engaged in a legal, but questionable activity.
2. Discuss two reasons why the conduct was unethical in your decision.
3. Discuss why you think that the company failed to make the right decision.
4. What ramifications could this activity have on the customer base? Provide support for why you think these consequences may occur.